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
If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time
This would have been possible if most of the investors were engaged in other activities and over-engagement. But we like to see Bitcoin's value in the midst of a lot of activity. In fact you also cannot skip yourself from looking at the price even once at the end of the day.
He may also monitor the market constantly from the point of view that many investors may buy more bitcoins during dumping even though he has holdings. They are always ready to increase their stash until it reaches a breaking point. There is another class of investors in the market who constantly analyze the market and watch the prices, who prefer to do both buying and selling. But those holders can benefit more because they are always holding bitcoins.
It may be advisable not to monitor the market after investment if he invests a lump sum of bitcoins and has extensive financial solvency and is very busy with his other business ventures. Or he may choose to deposit in DCA method at the end of the month and has multiple sources of income.
Finally, investors should not refrain from monitoring the market. The most important thing is to have multiple sources of income of his own so that he does not get into any financial trouble and is able to increase his holdings over time. Long holding.