Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
cryptoWODL
on 21/11/2024, 06:49:31 UTC
⭐ Merited by JayJuanGee (1)
You know the thing is that many people think that it is easy to make a profit basically the traders I believe that even though you know what you're doing in Trading that will not make you to think that every time you be involved in making profit if it is so many people would have become a billionaire in Trading but I know quite well that all these things is all about luck and opportunity so if you don't have such opportunity something that you'll be able to make profit.



I think trading is the most risky, because till date the person who has traded has not been successful.  But individuals who hold bitcoins and institutions that hold bitcoins are largely successful. So I can prove that it is possible to reach the top of the greatest success not only in trading but also in holding, such as Microstrategy Company, Nayib Bukele, the government of the country of El Salvador, all these people are holding Bitcoin long-term and today they are successful. Bitcoin cannot be sold as the price of Bitcoin has increased the most, because we have not passed the time until the end of the bull run.  
So only those holding by following DCA method are the only best holding, currently there is still ample opportunity for holding by DCA method.

Yes, Bitcoin is a long-term asset, and its success is very high. And the examples of high success of Bitcoin are in front of us, such as MicroStrategy, BlackRock, El Salvador, Tesla, Metaplanet, there are also some other big Bitcoin holders who have been holding Bitcoin for a long time, and today they are very successful, and they are going to achieve more success in the future, because Bitcoin is going to be more valuable in the future.
History is a witness that long-term holders are the ones who ultimately benefit the most. Because if we think about the price of Bitcoin exactly 2 years ago, then the price of Bitcoin was below $30K, and today the price of Bitcoin is at an all-time high and it made the best ATH of all time 10 hours ago which was $94K.


That is, those who have been patiently buying long-term DCA for 2 years have already made a good profit.
And if Bitcoin is going to grow even more in the future, then those investors are going to make much more profit in the future.
Thus, holding Bitcoin by following the DCA method can definitely be the key to success in the long term.
These investors hold Bitcoin for long periods of time, increasing their investment portfolios as well as their Bitcoin holdings. Maybe there are some countries and some companies who hold Bitcoin for a long time are now famous and big investors in the world. Basically the goal of these investors is to buy Bitcoin and hold it for a long time. El Salvador became the first country to accept Bitcoin as legal tender in 2021 and since then the country has steadily purchased Bitcoin. Already this country has managed to accumulate about 5941 bitcoins in their investment portfolio with a current market value of about $578.138 million. On the other hand, the company MicroStrategy started buying Bitcoins from 2020, this company has also been buying Bitcoins continuously. The company already has 331,200 bitcoins in its investment portfolio. These investors didn't buy all the bitcoins at once, they bought bitcoins gradually through DCA. Maybe they will continue to buy bitcoins in the future which will increase their investment amount as the price of bitcoins increases in the future.

Of course, the price of Bitcoin will continue to increase in the future. Bitcoin continues to show an upward trend. Maybe this chart clearly proves that Bitcoin has grown every year and created new ATH. Compared to last year i.e. compared to 2023, Bitcoin price has increased by 157% in 2024.