Post
Topic
Board Bitcoin Discussion
Re: People have a complete misunderstanding of Bitcoin.
by
RockBell
on 27/04/2024, 17:47:23 UTC
I know someone that will continue holding their Bitcoin even when the price is high, they will keep holding because they don't know when to sell or when to keep holding. Cryptocurrency need understanding of the market for one to keep making money from the market.
The market can be confusing sometimes but it is still better we keep holding rather than trying to sell when we supposed to hold.
In case we misunderstood the market, it is better for us to ask questions to get clarification.
Intending to hold you must have convinced your self that overtime you will make your return. And what ever the circumstances might be people holding are not really bothered all they keep there eyes on making money. And holding is a lot of work because you can not really determine when the price of bitcoin will go up in the market. Your mind have to be more prepared to be able to hold.

And if the price is high you start having feelings wether to sell or to keep, because it might be that when you sell the price might increase. If the price is high then you can sell and if the price is low you can keep holding till the price has gone up. The aim is to make profits, and once that is archived then you can sell, without wasting much time.