Quote from: xzone on August 15, 2025, 07:46:40 AM

Quote from: HelliumZ on August 15, 2025, 05:40:51 AM

Quote from: Royal Cap on July 20, 2025, 07:31:43 AM

In my opinion, if someone wants to hold their money well through Bitcoin, then they should hold it like a bank fixed deposit. Think of a 3 year or 5 year term. During that time, you should not move any of your held assets. Because checking the market too much automatically creates confusion in your mind. However, in my opinion, setting a specific goal is the best option. When your goal in mind is complete, you will start spending your assets.

If you are going to hold Bitcoin, you must hold it for the long term, especially since it is not possible to make any significant profit from Bitcoin by holding it for the short term. Just like in FD, money is kept in the bank for a period of ten years or five years and after ten years, the capital is returned along with profit. Similarly, we also have to hold Bitcoin for a long term, that must be five or 10 years, only then can we get a profit of ten to 20 times the investment.

Bitcoin investors can't afford to wait five or ten years without touching their investment. Those who invest in cryptocurrency are looking to make a lot of money quickly and get rich, so waiting isn't something they can afford.
If you have your wallet password and your money has doubled or tripled in value, you'll definitely sell it and buy something with the proceeds

It's not realistic to wait that long, especially since I have some Bitcoins that I check my wallet at least once a day. Although I've been planning to hold them for a long time, it doesn't seem realistic to me. I can't wait 5 or 10 years. I've probably made some profit and I'll sell my Bitcoin and hold it in USDT and if the market goes into a buying correction/dumping next time, I'll reinvest with my dollars.