Post
Topic
Board Speculation
Re: Buy, hold for a long time, bring financial prosperity.
by
Ojima-ojo
on 21/02/2025, 23:26:53 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.
Bitcoin is speculative there is no doubt about that and for us to get the best out of bitcoin we have to be informed enough to know when to buy and when to sell to remain at an advantage, we need to avoid the hypes and funds around bitcoin market because most of the times when people lose in bitcoin it because they entered the market at the wrong time, we need to know when to buy bitcoin and when to avoid it and let the market settle first before buying.