Post
Topic
Board Beginners & Help
Re: New to Bitcoin and Cryptocurrency – Need Guidance
by
Doan9269
on 21/08/2025, 14:24:24 UTC
- Why is Bitcoin called digital gold?

Because its a profitable and affordable digital currency and play the role of gold being of high value and profitability.

- Does Bitcoin automatically go up and down or is it managed
  by any company or person?

No one manage bitcoin, its decentralized, bitcoin is a digital currency, a volatile one to say, which its price is determined by its demand and supply as people are buying and selling.

- If I buy Bitcoin, will it be more profitable to hold it for a long
  time or for a short time?

If you are new to bitcoin, buy and hold for a long time, this is the best advise for newbies, while the experience ones can go into trading it on a short time.

- As a beginner, what should I do here? Should I slowly start
  learning from here or should I try to invest along with learning?

Start learning first, then know when is the best time to invest and be able to hold for the next post halving.