Post
Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
dezoel
on 23/05/2024, 09:25:51 UTC
this is why you must not invest in bitcoin when you are not capable of of risking because this is
truly a type of investment that takes longer time before you can taste the profit .
and also if you wanted to invest in bitcoin you must know how much to wait tasting your product .
Yes. true, BTC is required to be mentally strong and not easily affected by the price of other coins when it drops and the worst possibility is that we will sell BTC to buy other coins. Investing in BTC predominantly uses long-term patterns, whether he is a beginner or not a beginner, or other solutions so as not to be easily affected by the following market corrections, if there is selling pressure from the beginning, just set a percentage of the funds we have, 50% for BTC and the rest for coins, other than stacking everything on the container.
That is true, BTC doesn't go up or down as volatile as other coins, which is why it is quite a strong situation to consider when we are talking about it. Obviously it is not going to be all that easy to make that work neither, we need to be careful about it. I personally believe that the best thing to do in this case would be making sure that we are dealing with bitcoin alone, and the other investments are a bit lesser.

This is why I have 50%+ of my portfolio in bitcoin, that makes it a lot better and we should consider making all of us have the same thing. The reason why bitcoin goes up and down but not as much as others is also the volume, because it has a lot more money going in and out, meaning it is not easy for rich people to manipulate it just by themselves.