Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin met your expectations from the time you bought your Bitcoin till now
by
fruktik
on 24/12/2024, 06:54:55 UTC
Indeed, bitcoin has met much of what I had expected if not in the manner I wanted, but there is nothing wrong with that and thus we should not wait to put our money in bitcoin if our beliefs are good.

For those who are willing to make money from bitcoin, there is money to be made from long term holding and a chance to indulge in the next generation of currency which is censorship resistant and decentralized.

There will always be some doubts in mind, so start small and eventually keep increasing your stash of bitcoin.
Investors have made a good profit on this bull rally and it is time to start taking profits before the New Year. Which is what we are seeing at the moment. I would not recommend buying Bitcoin at such moments. The situation is too dangerous. There is a high probability that a significant drawdown is expected. The trend is looking to reverse. As one friend told me, it would be best to wait a couple of weeks after the New Year and only then take specific actions. Let everything settle down and return to normal.