Quote from: Blisszi on February 19, 2023, 04:30:38 AM

I heard people keep saying don't sell when the price rise a little, or when it starts dropping! I don't get, why are you holding it for long? As long as am concerns is just a matter what you want, long term or short term. Bitcoin is not your Goldsmith or some banks you build at home that you can control anytime you like.

To me bitcoin is there to gives you money when you're satisfied to take the money or take your if can't wait when is dropping. I can't hold for too long is personal or I will never take investment in a short is till personal.

Whether you hold or not what will happen in bitcoin will still happens, is good to hold but too long hell no, because am not the future, future is expectations real life is in the present.

My questions is people keeping bitcoin for too long and begins to hear story?
What's the secret that's different from taking profit?
Is that long term bitcoin don't experience losses?

It's important to understand that the decision to hold or sell Bitcoin is ultimately up to the individual investor and their personal financial goals and risk tolerance. Some people choose to hold Bitcoin for the long term as they believe in the technology and its potential to become a store of value like gold. Others may hold Bitcoin for short-term gains or to take advantage of market fluctuations.

One reason why some investors advise against selling when the price starts rising or falling is that it can be difficult to time the market. Bitcoin prices can be volatile, and trying to sell at the peak or buy at the bottom can be challenging, even for experienced traders. Additionally, if an investor sells their Bitcoin during a dip, they may miss out on potential gains if the price rebounds.

However, holding Bitcoin for the long term is not a guarantee of profit. Like any investment, Bitcoin is subject to market forces and can experience losses. Past performance is not an indicator of future results, and investors should be prepared for the possibility of losing money.

Ultimately, the decision to hold or sell Bitcoin should be based on an investor's financial goals, risk tolerance, and market knowledge. It's important to stay informed about market trends, technological developments, and regulatory changes that could impact the price of Bitcoin.
Ultimately, the decision to hold or sell Bitcoin should be based on an investor's financial goals, risk tolerance, and market knowledge. It's important to stay informed about market trends, technological developments, and regulatory changes that could impact the price of Bitcoin

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