I want advice from those who have been working in Bitcoin for a long time and some advice on how to do something good if I work on it is good for those who are new and want to work with Bitcoin. Because new bitcoin users don't know when the price of bitcoin goes up and down sometimes. That may not do any good by buying bitcoins.
Traders see when prices will rise and when prices will fall.
If traders can see when the BTC prices rise or fall, then they would be pretty rich, but instead traders are generally losers - especially when it comes to bitcoin and especially when it comes to longer time frames such as 1-2 cycles or more into the future.
~~
Hahah, that sounds good!!!
But anyway, trading always follows the risky track because when you are dealing in short time with something which is basically highly volatile. Bitcoin is very risky in a short time due to its volatility, and that is why majority of traders take losses in a short time frame. Only long term is the only way to minimal the loss. The more time you keep, the more you will be protected from risk.
In the addition trading is the riskiest way , you can lose your funds on a small correction. Like if we see, whenever a dip comes, all the traders are scared in an atmosphere of fear and even the majority get liquidated. So the best way to avoid this loss is long term which can give you huge return without any hesitation. So if you prefer long term instead of trading, then surely you will be happy on the dip instead of panicking.