Ninjastic
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 3 months ago (view)
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Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: People taking profit is necessary
by
Joy- maker
on 30/05/2025, 12:58:12 UTC
⭐ Merited by Mr Reporter (2) ,vapourminer (1)
Quote from: Rruchi man on Today at 12:33:14 PM
Quote from: Joy- maker on Today at 11:01:31 AM
Bitcoin holding should last at least 5 to 10 years or longer before you can even think of taking profit, because take profits when your bitcoin investment is not up to 5 years it is not a good holding and even taking profits at early stage of accumulation is also a bad investment unless you are a trader,
5 to 10 years? Who gave that rule? Don't die trying to prove a point to no one; there is no award for best holder.
it is not a rule everyone can decide when to sell their bitcoin depending on their target, but for you to make reasonable profits from bitcoin you have to hold at least 5 to 10 years or longer, just imagine how profitable those who bought bitcoin in 2015 and hold on till today.

Bitcoin history has proven  to use that if you buy bitcoin and hold for a long period of time less say 5 to 10 years or longer you will be in massive profits, because as time goes on bitcoin is creating new ATH, so less keep holding more ATH are yet to come.

Price history of bitcoin

https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp