Quote from: RockBell on December 27, 2024, 10:31:21 PM

Quote from: pawanjain on December 27, 2024, 02:27:39 PM

I would rather prefer to maximize my bitcoin holdings currently since we all know that bitcoin is about to have a significant surge in price.
So why not use the opportunity while you can to accumulate more bitcoins and then try to take profits at higher price.
But hey, that's my POV and everyone should follow their own risk appetite.

And when you tell people to hold they don't take it seriously and the problem I have is when the price of bitcoin is already high and might take a retrace that is when you see people picking intrest and some of them will only do audio investment and there is nothing different that they want they are just looking for excuses when ever it as gotten to the point of hitting different all time high that is when there intrest is down but when they see it trading they will start picking intrest.

When you buy when the price is down and the price goes up thay is when you will then know how profitable investing in bitcoin can become and the opportunity is always there to invest and we the preacher of bitcoin will keep preaching and the opportunity of accumulation is always there but they need to be seriously take Things well in other.

And the main problem is that they don't want to take risk and there is no investment that don't come with sacrifice and pain the answer to surviving here is patience.

I feel its the same case with everybody. Even I have met some people who wants to make investments and earn high returns but don't have that much of a risk taking capability.
That is why I mostly advice people to invest according to their risk appetite as mentioned in my previous post.
But not everyone falls in the same category and there are people like us who prefer holding bitcoin for long term to reap it's long term benefits.
We can only suggest people the best thing to do and leave the rest upon them but do not "guarantee" anything and always let them know the potential risks and cautions of investing to stay on the safer side.