Quote from: Zackz5000 on June 23, 2024, 09:14:43 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.

If you are saying you can't advise someone to hodl onto their purchase Bitcoin it simple means you are telling or advising them to sell out their Bitcoin hodling for this can be a misleading information to new investors or those that don't understand the importance of hodling their Bitcoin. You can still hodl onto your Bitcoin if properly you don't have money to accumulate more Bitcoin at the present time that doesn't mean one should sell out his or her Bitcoin hodling that's why it is always good to have your discretionary income readily available so you won't sell out your Bitcoin hodling when there is no money to accumulate Bitcoin at that the present time you can still hodl your Bitcoin for a longer period of time probably 4 years and above.

Well said, if you understood what I was pointing out, I was talking about the necessity of accumulating more and not just hodling for a longer period especially when one has the capacity to do so, there is always a room to accumulate more, I never talked about selling off neither my point relate to it in any form, Thanks for your view and more information on it but investor should always understand the need for not stopping or lagging behind while accumulating Bitcoin, because for a bigger or lesser return is relative to stash of Bitcoin already in hodlings.