Re: How Long Should You Hold Bitcoin for a Passive Income
The profit we got from selling Bitcoin is a capital gain, not passive income.
If you have to make analysis, making a plan when to buy, sell and re-buy Bitcoin, you're a trader which spent time for making money, not just sitting on your bed and you're still earn.
If you only rely on Bitcoin to fund your life, sooner or later you will lost all of your coins.
I consider staking is a passive income, if you invest in stock, dividend is the passive income.
If you have to make analysis, making a plan when to buy, sell and re-buy Bitcoin, you're a trader which spent time for making money, not just sitting on your bed and you're still earn.
If you only rely on Bitcoin to fund your life, sooner or later you will lost all of your coins.
I consider staking is a passive income, if you invest in stock, dividend is the passive income.
That's why we need to find a good, stable source of income to sustain our BTC accumulation
Without it, there would be no good results by the end of it if we start today, not years before.