Post
Topic
Board Speculation
Re: Buy, hold for a long time, bring financial prosperity.
by
Kemarit
on 14/12/2024, 16:33:06 UTC
If we can continue the Bitcoin investment process continuously with patience, although it is difficult, I think that keeping this investment service for a long time will bring financial prosperity.
I still consider bitcoin as a speculative asset which needs proper analyses before investing. I do not like to invest when the price is high already. I prefer to invest when the price is low and taking profit as the price is increasing. I have invested when the price was low and now is the time of taking profit which will be gradually until I do not have more than 10% of my investment there. I think if you need maximum profit, DCA and investment generally are better after a long bear market. I am waiting for 2026.

Yes, it is very much a speculative asset and with that, everyone should be very careful to invest their hard earn money here. And then we operate on cycles, maybe there will be investors that are not to used to seeing this kind of patterns.

If they do, then they need to strategized as well as there are years that Bitcoin is going down, and going down hard. Maybe they will not invest, or if they are smart, going to invest on them but it will also take years to see your profits. And with that, if there are investors who doesn't like it, then Bitcoin is not for them and not for everyone.