Post
Topic
Board Bitcoin Discussion
Re: Why you should only hold Bitcoin
by
Altryist
on 07/06/2024, 19:24:53 UTC

Not everyone understands that and not everyone can hold Bitcoin for a long period of time with all the panic over rapid market price movements so there are many things that must be learned first before deciding to invest in Bitcoin for a long period of time.
If we look at the possibilities, of course the possibility of profits will be much greater for those who hold Bitcoin for a long period of time and we can see all of this from what happened in the past so this is likely to happen in the future.
Long-term holding of Bitcoin gives a profit, but there is also no denying that if we sell Bitcoin on a bull run and buy it back in a bear market, we will have the opportunity to increase the number of our Bitcoins. This is not easy and is likely only suitable for experienced holders who can assess risks. And if you have the patience to hold Bitcoin for 10 years or more, it will also bring profit, but there are not many such patient people.