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Showing 2 of 2 results by bounty2505
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Re: Bye Bye Bear Market :)
by
bounty2505
on 25/11/2023, 11:34:12 UTC
It's always okay to be optimistic, but you also have to prepare for something that might change even though at the moment it feels like there is an improvement. because the halving period is still quite long and it may not be as expected.
Always be on guard if there is a correction that we don't want to happen, even though many people may have doubts judging from the movements of the past few weeks.
I think what you are saying is very relevant, because the halving era will begin next year, so it is possible that even though there has been an increase at the moment, the possibility of a correction will happen and nothing is impossible, usually a correction will provide encouragement to increase even more. high and could coincide with the halving period next year
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Re: Buy the DIP, and HODL!
by
bounty2505
on 25/11/2023, 11:18:22 UTC
Do not hold bitcoins in anticipation of future bitcoin halvings. You need to hold for a long time because the original Bitcoin holders are always invested for a long time. But you just mentioned bitcoin halving it's a small bitcoin investment. By using a hardware wallet you can hold bitcoins for a long time. And you can deposit with DCA method every week or monthly equivalent amount of 10 to 15 dollars. Accumulating fiat money causes a lot of ricks because the value of the dollar is only increasing but the value of fiat money is decreasing. So I chose Bitcoin as the best way because the longer I hold Bitcoin the more profit I can make.

Of course, everyone clearly knows that by continuing to keep Bitcoin for a long time, it will provide significant profits in time and I agree that you don't always have to buy large amounts, you can do it in installments with the goal that you will eventually achieve it. The halving era will be here soon. It is certain that next year there will be a significant increase, but it is possible that there will be a correction first, even though it is currently increasing.