Quote from: Tmoonz on Today at 01:15:45 AM

Quote from: Bravut on June 21, 2024, 02:10:56 PM

Quote from: Onyeeze on June 20, 2024, 10:51:53 PM

Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment

Holding of our Bitcoin is a testament of Discipline and Patience, one thing that is certain in a financial market is that the investors trait reflects in the market meaning we take decisions and actions which reflects us directly in a financial market. With a long term view we expect our hodlings to appreciate and not necessarily short term spikes.
Same time we must understand that while we hold as you say, it is very important to accumulate more Bitcoin thus increasing the stash of Bitcoin in our portfolio which in turns gives much or lesser profit. With a suitable and convenient strategy and plan which would not be exhausting.
In essence I can't just advise someone to hodl onto a purchase (Bitcoin), when such investor can accumulate more.

The focal point or logic should be that one don't need to sell his or her Bitcoin investment at the time or when you are supposed to be accumulating that is one most important thing that are always been discussed here the reason while holding dominates the thread, keep accumulating also sounds more like holding which aim is to have or realize a good size of Bitcoin up to a reasonable amount which is the determining factor that will put you in a good and substantial overall return of investment over a long period of time of about 4 to 10 years or more.

Yes, I totally agree to your sentiment bro, while we have the intention of holding, let's not forget to hold something tangible, something that will definitely worth it at the very end, that's why it's very much advisable to hold and accumulate a very good stash of Bitcoin, so that the reward will be worth waiting for, but if the Bitcoin in your possession isn't worth holding for a very long period of time then it pointless doing so.

So in essence is that if as a Bitcoin investor that's really want to invest and go on the journey of holding for a very long period of time, it's best to hold a very good stash of Bitcoin, so as the investment would be worth it, because that's what going to determine how profitable you are going to be on the longer run.