Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Victorybit1
on 26/04/2024, 20:52:40 UTC
Funny enough I don't believe that anyone who holds his investment for less than 4 yours is a long term holder except on cases where the person was able to accumulate so much bitcoin in such a short amount of time and maybe was lauck to invest in a time like this(for those that started invest maybe mid last year or from last year).

Holding an investment withing a duration of a year to four is no longer what we should be seen as short term investment, we can even make the expected result within the first year of investing on bitcoin if we happen to fall under the right timing that after our investment, the market continues in bullrun on a sustained range, just as we have it from now, if someone is investing now and could be able to hold till this time next year, there is high probability of making more profits over his investments because of the post halving bullrun experience.

It all depends on the amount of bitcoin the person has accumulate over that interval of one year before you begin to talk about making of profit. If u do not have a sizeable amount of bitcoin in your portfolio you cannot be able to make this profit you are talking about ,especially if you are doing DCA it will take you time to accumulate a reasonable
amount of bitcoin.


Yes, it will take long to accumulate huge profits in Bitcoin investment but the fact is that there is always certainty to what you are done and that for me it's even better than doing trading or gambling your Bitcoin to get that kind of profits hopefully from a lucky trade session which can be risky or by switching investment to altcoins which for me it's not even supposed to be an option for anyone who is aiming for something realistic with their saving, although their their is also the case of the amount of funds you use for the DCA strategy because you can use some certain amount which will build you bigger profits in a more shorter time frame.