Quote from: Proty on September 21, 2025, 08:43:01 PM

Quote from: Wakate on September 21, 2025, 08:15:47 PM

Quote from: Die_empty on September 21, 2025, 05:14:10 PM

Quote from: Wakate on August 24, 2024, 09:32:03 PM

There are so many ways we can earn in the crypto space and we don't have to only rely on the price of Bitcoin to shoot up become we start making money. We can decide to stake coins, trade it and do other things for us to make money in thr market. Patience is one thing that would always help us as either trader or investors because if we can wait, them we would be able to enter the market at the right time without being in a hurry to make trade for money. Those that had been in the market for long now, knows that holding is one of the sure way to earn in the market with ease.

You are correct that holding Bitcoin is not the only means of making a good profit in the crypto market. But it is the least complicated, risky and volatile among other coins or projects. Trading is highly complicated and needs some level of skills but you don't need to know much to keep Bitcoin. You just need to know how to buy, keep, protect and sell. In Bitcoin, you might not need to know when to enter the market. Just use the DCA strategy and have a long-term plan. Alternatively, you can use a lump sum strategy during the bear market if you have a large amount of money.

Yes you don't need to know much to keep your Bitcoin but you need to know much about privacy and how to stay safe so you don't become victim of circumstances. There are holders that had lost their assets as a result of mistakes they know nothing about. This is why you need to understand enough about how the price moves and the Bitcoin blockchain so that scammers do not try as much to convince you to click on a phishing link so you can claim more crypto tokens for free. I have seen something like this many times on Twitter in form of ads that makes me think why Twitter has to accept such kind of ads.

It is really important to have a basic knowledge of bitcoin before starting to invest in bitcoin. Also holding bitcoin for a longer term requires a thorough plan that should be able to keep the investment going. The more people are coming into bitcoin investment the more scammers are also increasing, hence there is need for one to always be updated on the latest security tips to avoid being scam or hacker as a result of ignorance.

This is a very important point, having basic knowledge is very important when investing in Bitcoin, without basic knowledge, investors can easily create a panic mindset during times of instability, which can force them to make wrong decisions. In addition, we must take all kinds of effective decisions regarding security, we have to hold Bitcoin for the long term, so there can be no compromise on its security, here you must make experienced decisions, it is not possible to hold Bitcoin without awareness and security.