Quote from: peter0425 on April 21, 2024, 01:25:12 AM

Quote from: krishnaverma on April 20, 2024, 05:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

Well yes of course but to be honest it should have been a long time ago. Now bitcoin is quite expensive and there is a chance you might lose if you don’t buy or sell at the right time but anyway since we are already here. What else can we do?

We have a chance to just do the dca method and try to accumulate as much bitcoin as possible. We still have time as bitcoin will not immediately rise right after halving.

Nobody knows when bitcoin will rise or fall, so whenever you have a funs, you should not wait for anyone to tell you to buy or sell bitcoin. Since I started investing in bitcoin, I haven't heard of a bull run or a halving; I just do my investments to make a profit, so it's not because of the halving that you'll increase your investment in bitcoin, everyone invests to make a profit. You are correct in stating that if you do not buy at the appropriate time, you will lose your investment. But that is why you should only invest what you can risk, not what you can lose. That is why I used to urge everyone interested in bitcoin to be patient and invest what they can afford to lose, rather than expecting bitcoin to rise significantly before beginning their journey on it. I invest in bitcoin, and whenever the price rises I don't waste time selling it because I invest to be lucrative, and when I know I'm in profit I sell, and when the price falls, I buy another one for two or three years.

When you understand everything about bitcoin, you don't need to wait for the price to rise before getting started or increasing your funs it. bitcoin is the best investment I've seen online that you won't be afraid of if you grasp the approach. A good investor will not wait for a halving or a bull run before increasing their bets on bitcoin, because people who invest in bitcoin when the price rises, in my opinion, are afraid to lose, and anyone who cannot risk in the cryptocurrency space, I do not believe, can succeed in cryptocurrency investment. The market is not steady it increases and decreases, and you must confront the challenges that come with it, which is why the first thing you will tell someone that what to investment is patient and when you can't handle patient is better you look for other way of investment not in cyrpto.