Post
Topic
Board Speculation
Re: Where is the bullrun???
by
JoyMarsha
on 10/07/2024, 13:12:02 UTC
I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
OP, bitcoin's price does not explode in the short term, but rather in the long run. That is why crypto investors goes with "having a long-term investment strategy" for their bitcoin investment rather than a short-term one.

If an investor has a short term investment plan in bitcoin, he or she may have little profit or losses from bitcoin based on the state of the market. However, for long term investment, the opportunity for investors to make huge amounts is open for them to choose a high price for selling their accumulated bitcoin.