Quote from: Different patterns on January 22, 2025, 07:53:09 AM

Quote from: Oshio-man on December 13, 2024, 01:44:11 PM

I have seen many reasons why I will not spend too much in this Christmas and new year season, so that I will have funds to buy bitcoins and hold for long term because what my two eyes see in this bull market that made the price of bitcoin to cross $100k, it make me to believe that the price will enter another high price in the future that will create more opportunity for holders to earn more income from bitcoin, Since the price has started reducing from $102k to $100k, I think it will reduce more in the future for the price to enter $20k again, for majority of people to buy as much they want and hold till bull market.

That's why it's always a good idea for someone to reserve funds to invest into bitcoin, because it will turn one life to better one day, imagine someone invest into bitcoin last year August when price is stil low, holding it till now when the price is above 100k, that person has made huge profits, that's one of big advantages to invest into bitcoin.

That is true, it will be the right choice for those who choose to invest their funds in Bitcoin, but they must also understand that to make a profit from it, it takes a long time, of course they must be able to maintain the assets they have in the long term and be patient in this case, of course, they must have a clear source of income so as not to sell it again because their daily needs have not been met properly.
Yes, those who collected last year have certainly made a profit from it and for those who have maintained their assets longer, of course they have made more profit than those who collected at the end of last year, so holding on in the long term is certainly very good if we can do it.