Definitely buy and hold Bitcoin if you want to potentially make big profits. One strategy for buying and holding Bitcoin is to consider it a long-term investment rather than a short-term trade. We should definitely believe in the long-term growth potential of Bitcoin and hold on to it despite the short-term price upswing, as it is not long before Bitcoin rises to 100K or above.
Everyone does have hopes of seeing Bitcoin's price reach $100K or more in the not-so-distant future, but considering the current market conditions that are still experiencing rapid changes when there is a war and sudden attacks in a region like what happened two days ago. Of course, every investor must be able to hold their own assets by not changing them to other asset models so that the Bitcoin price can remain at a better level. However, what we see now really tests our mentality in holding Bitcoin assets so that holders such as investors and others must be able to understand that this condition is only temporary because Bitcoin can become more expensive again without something more unique happening.
wars and international unrest is what's a part of life and as long as existence continues, we are going to see more of it and it's not going to affect Bitcoin price alone but it will affect the whole global economic structure as long as they have dealing with the affected area.
More than most popular asset, Bitcoin has managed to survive amidst all these trends and we've seen it going higher and bouncing back at all the times it has ever witnessed some level of correction which goes to show the level of a resistive asset it is. Being profitable from ones Bitcoin investment entails that you become used to these volatility and keep building your Bitcoin stack while it's at these prices that's lower than what it will get to in the coming years. The Ups and DIP only looks like a big deal because people are likely looking at it from a short term angle. If you're considering that your investment goal is to keep buying till the end of this circle and even the coming one which we are certain that before then, Bitcoin price would certainly go past $100k, you will discover that these correction or the price that seems too high isn't anything at all and that when Bitcoin goes above $100k, buying at these range of prices wouldn't matter at all.