Quote from: Sticky Bomb on March 08, 2025, 04:58:14 PM

Quote from: Grace333 on March 07, 2025, 09:45:42 PM

Quote from: OfficialGratejoy on February 06, 2025, 11:14:23 AM

Let me just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.

Bitcoin over the years have proved profitability not just to large holders(whales) but to small holders also. One of the reason I love bitcoin, you can actually invest at your own convenience and capacity and still make profits. But most holders aren't patient enough to hold bitcoin for long, however they find themselves making short term trade which is more risky and can also lead to drastic loses because of its high volatility, which is also the reason for the price increament. It's safer to invest in bitcoin than diversifying your funds to some shitcoins which may not guarantee profit, or end up being normal as a shit project just as the name implies.

Long-term involvement remains the best if you're into Bitcoin, from the history of profitability, you can see clearly that those who held their investment from 7 to 10 years ago or more are in great profits compared to those who sold much of their holdings too soon.

Most people wished they've held for long, but they missed out. Investors needs to learn from the past mistakes made by earlier Bitcoin traders and keep holding into their investment for greater gains in the long-run.

The terms of Bitcoin say that it is a long-term investment, to invest in Bitcoin for a long time you must follow some rules and regulations. Yes, many people sell Bitcoin after a few days of investing in Bitcoin for a long time due to economic stress or market volatility. If you can create specific funds for each case, one for your daily running fund and one for any natural disaster and a long-term reserve fund that helps in saving Bitcoin. If you can plan your life cycle in this way, you can safely hold Bitcoin for 2 to 3 cycles.