Quote from: Rabata on Today at 05:59:51 PM

Quote from: I_Anime on April 17, 2024, 10:39:10 PM

Quote from: Onyeeze on April 17, 2024, 10:08:39 PM

what I want to inform you about anyone who have the intention of accumulating Bitcoin will accumulate bitcoin based on it ways of understanding the protocols of Bitcoin so from my own perspective of understanding Bitcoin I know quite well my bitcoin have to do with his uncertain things so if you are a cryptocurrency holder especially bitcoin holder, the target of any bitcoin holder is to make sure that it holds it bitcoin until the price increases in the market especially for enter the bullish market so it is the target of everyone who is into a long-term investment of cryptocurrency mostly Bitcoin

Besides one don't actually need to have any complex knowledge about Bitcoin before thinking of starting their accumulation journey, one just need to have some good basic knowledge about bitcoin and he is good to go in his bitcoin accumulating. Because focusing on accumulating knowledge alone in Bitcoin, may only lead to you missing out big time. So as you are learning about Bitcoin more , at same time focus on accumulating more Bitcoin for hodl.

Buying and holding Bitcoins doesn't require a lot of knowledge. Many people overcomplicate this area. I think Bitcoin is safe in terms of the type of risk that other coins have. It is definitely a good idea to choose Bitcoin for safe investment, but a Bitcoin investor should not face too many problems if they have a basic knowledge of which wallet to use especially for long-term holding. Short-term traders never consider Bitcoin as an asset but long-term traders get an attempt to secure their futures with Bitcoin. Those who can only hold bitcoins having good idea or not that is not a problem. If any holders have the basics will definitely get high profits in the long run.

It might sound pretty basic but doing it is never been that easy considering that there would really be factors which would really be affecting your decision. Buying and holding Bitcoin? Aiming for long term. yes you can but
if you are someone whose really that active on seeing on whats happening in the market then make it sure that you wont really be affected by it because if you are somewhat a person whose really that emotional and someone who is really that easily could be influenced then its likely or high chances that you would really be finding yourself having those kind of second thoughts whether you should be holding even longer or you
would really be tending to cut-loses or whatsoever. Its never been that something simple but of course it would really be just that depending on a certain individual.