And I really think Bitcoin has a bright future, and it is aming for the statue as gold has.
https://xtrading.com/financial-questions/is-bitcoin-a-value-store/
Topic: Ignore the dip and Invest in Bitcoin for long term - page 3. (Read 2435 times)
Totally agree with you. Instead of thinking we had a good run, investment in Bitcoin is better a long-term, marriage kind of thing. If you are investing for your future, you want to take a long-term view. Although the value may drop, markets generally recover the value lost over time, this could happen with Bitcoin as well. Additionally, when considering the length of time you hold onto a financial asset you should remember that the IRS has different filing requirements for short-term and long-term investments, buying and selling cryptocurrency is no different.
And I really think Bitcoin has a bright future, and it is aming for the statue as gold has.
https://xtrading.com/financial-questions/is-bitcoin-a-value-store/
And I really think Bitcoin has a bright future, and it is aming for the statue as gold has.
https://xtrading.com/financial-questions/is-bitcoin-a-value-store/
Yes, HODLING seems the best option for investors at the moment. But there are many others who have taken this as an opportunity to invest more in the market.
I've tried something like that and I've also run it so that I've felt the incredible amount of profit and have decided to die every shitcoin I've ever owned in the past.
Because Bitcoin has always been the best out of thousands of shitcoins so I have started storing Bitcoins and also trading them some of the assets I already own. Thanks for that really great idea.
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you are right sir while some people are worried about buying or selling or hodling im doing all 3 and im doing it with BTC i bought a given value i hodl 50% and i used 50% to trade on a daily as i observe the chart bcuz i dont think this bear season will finish anytime soon but im making the most of my income in little stipends while observing and waiting for the bull run...
Because Bitcoin has always been the best out of thousands of shitcoins so I have started storing Bitcoins and also trading them some of the assets I already own. Thanks for that really great idea.
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you are right sir while some people are worried about buying or selling or hodling im doing all 3 and im doing it with BTC i bought a given value i hodl 50% and i used 50% to trade on a daily as i observe the chart bcuz i dont think this bear season will finish anytime soon but im making the most of my income in little stipends while observing and waiting for the bull run...
Hodling surely seems like the best option at the moment. Fluctuations are in the downward direction only and thinking of trading would be a losing deal. It’s best to buy bitcoin at a low price and sell it when it’s price is back to a higher value.
Not everything is like that, a person who has BTC is predestined to always be a winner, that should not be detracted from, if a person loses money in an operation they should not be ashamed because it is something to which they are exposed, and it is very likely to happen something like that, etnonces one way to protect yourself is if you have money you divide it in half, one half you leave only to buy Bitcoin and not touch it, and the other to buy bitcoin and start trading, that's how you protect yourself, buying shitcoins does not guarantee to make a profit, on the contrary, it is best to buy Bitcoin and wait for it to rise in price.
I've tried something like that and I've also run it so that I've felt the incredible amount of profit and have decided to die every shitcoin I've ever owned in the past.Because Bitcoin has always been the best out of thousands of shitcoins so I have started storing Bitcoins and also trading them some of the assets I already own. Thanks for that really great idea.
Unfortunately, not all traders have that style. For investors, it may be possible to save for the future with all the risks in the future. may struggle between 50% predictions today.
for day traders with scalping it might be boring, with the habit of making quick profits.
I divided 2.and that's a great idea
for day traders with scalping it might be boring, with the habit of making quick profits.
I divided 2.and that's a great idea
No matter where you invest in cryptocurrency, you must accept risk. Because in saturated currencies one must face profit and loss in order to invest in a risk-tolerant manner. If you want to invest in Bitcoin then you can The risk is there but less which is why you can invest but you must not know about its market. You should invest by seeing the signs that the market price is always going up.
Every investment does have the risk and this thing should be put up on someones mind because it is really just a typical thing or normal where you should be aware on so that whenever the market domake out some negative movement then you wont really be making yourself freaking out on the time that market will really be going to opposite side.Invest on dips are easy to say or be advised on someone but when you are already on the situation then it would really be that hard i must say.
If you are indeed going for long term then you wont really be bothering yourself on what price you had entered or go in.
No matter where you invest in cryptocurrency, you must accept risk. Because in saturated currencies one must face profit and loss in order to invest in a risk-tolerant manner. If you want to invest in Bitcoin then you can The risk is there but less which is why you can invest but you must not know about its market. You should invest by seeing the signs that the market price is always going up.
the benefit of cryptocurrency to buy and hold for long time and anyone who hold for five good years can not come out and say that he or her have not make a profit during the time holding cryptocurrency. Because it is not just about to do more food cryptocurrency a more to prove it become obvious and clearer to the investor except that during the period they hold the particular currency is for the bearish time and the coins refused to increase
Not everyone is able to hold cryptocurrencies for a very long time, especially if everyone also needs urgent basic needs every day so that some people still think not to hold cryptocurrencies long term. So they prefer to sell their cryptocurrency assets when they already have a profit even though it's only a little and it's still better than having to wait too long whose profits are also not sure to come.
Well based on my research he who hold bitcoin for a long term always get profit, so if we wanted to earn we need to forget the dip and invest into bitcoin. Dip is an opportunity not a burdened from the past investors that trust and hold bitcoin really earn profit some of them is now maybe a silent millionaire so i think if we want profit we need to do the right thing which is investing for a long term.
Long term bitcoin investment is very rewarding only if the hodler is ready to patiently wait for many weeks even months, with reference to BTC/USD weekly chart for every dip experienced by bitcoin it is always responded with a massive pump repeatedly, presently the price had already dipped, expectedly a pump is imminent based on the Price Action on the chart, however to earn a reasonable amount of profit the hodler needed to make a huge investment, selling at dip is never a good idea because of the tendency of bitcoin to bounce back at every dip historically price patterns repeat itself.
The market really is unstable in the last couple of months.
But for small traders, this is also a time for long-term earnings. The main thing is to find the patience to wait for a good price and not succumb to general panic. And also look at things realistically, overcome your greed, and sell a coin in time 😄
But for small traders, this is also a time for long-term earnings. The main thing is to find the patience to wait for a good price and not succumb to general panic. And also look at things realistically, overcome your greed, and sell a coin in time 😄
I think the greatest advise someone would give to a crypto enthusiast or someone willing to invest in cryptocurrencies is to hold. An individual willing to invest in cryptocurrencies should be willing to invest and hold for the long run. Besides, long term investments are always best. One can’t invest in a short term and expect to make any meaningful return on investment. Long term investment are always what brings in the profit and that’s why it’s advisable to hold while venturing into investing in cryptocurrencies.
What you say is very clear, because everyone who wants to invest can also see that investing in the long term is the best option as long as he gets coins at a low price. But for those who had bought at the highest price like Bitcoin, then now it's just patience that they have to increase in order to wait for the recovery to arrive. So the investment does not always have to be in the long term, even though the options are much better than the short term.long-term investment will indeed provide a more profitable return, but we also have to see how long the long-term investment ends, lest long-term investments have no end or no time to take or cut some profits. 5 years or 10 years for long term investment would probably be better. Use the free money, don't use the money you need, it won't last long.
Totally agree with what you say, because long-term investments also have a deadline that must be determined and even then if the conditions are much better before the specified deadline arrives, then selling some of the assets being invested is also a very good option because consideration is about profit. This is the right time to buy more cryptocurrencies especially Bitcoin because the more people come into the market and increases their demand for it, its value continues to grow rapidly.
While this may be considered as a relatively good advice, you somehow failed to account that there are investors who have thousands to millions worth of BTC $$$ at their disposal to the point that the slightest movement on its price could mean a gain/loss of thousands/millions on them. The beauty about BTC is that it is highly volatile- lots of investors take advantage of this unique characteristic in order to invest either short/long-term.
But OP, you are right- regardless of everything, people should be more focused on aiming for long-term investments. By basing it purely on BTC's price history, you could see that its price definitely skyrocketed since its origin. From that reason alone, long-term investment should be heavily considered on this aspect.
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I mean for me, it would depend on how "ignore" means to someone. It could be ignoring to the fact that no actions would be made obviously. Did that couple of times since my money is not particularly numbering themselves really well, so I just kept holding my Bitcoin regardless and did not sell because why would anyone sell at the dip at the basic sense, lol.Sounds dumb right? but there are ones who do panic out whenever they do saw their portfolio is going down thats why we cant really make out conclusions yet but it is really just right for us
to hold rather than on selling it because there's no point when you do make such action if you do know that the market could really make out some recovery on upcoming months or years.
Although it cant really be that predicted but we do really know its potential which we have seen this one.
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I mean for me, it would depend on how "ignore" means to someone. It could be ignoring to the fact that no actions would be made obviously. Did that couple of times since my money is not particularly numbering themselves really well, so I just kept holding my Bitcoin regardless and did not sell because why would anyone sell at the dip at the basic sense, lol. 
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient
If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold. And never panic. Panic will never make a profit in any way.I have confidence that the market will be difficult to predict, so applying investments regularly can be said that DCA will not make you feel more burdened, which means that this investment will be a little lighter if carried out with your confidence and consistency.
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient
If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold. And never panic. Panic will never make a profit in any way.bitcoin is not easy to predict but profits will definitely come after a decline, and the most important thing is to be patient and take advantage of the downturn to increase holdings and hold it for the long term.
Panic will not occur for users who have been in the industry for a long time in the current market situation because they know what to do, and for newbies, panic will definitely haunt but all will be well as long as the seniors provide good advice. And also have an interest in understanding and knowing the bitcoin footprint and the market well.
If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold. And never panic. Panic will never make a profit in any way.
It was always the case that bitcoin went up over time, but also people need to know that this is not a law. Bitcoin does not produce any wealth or create a product. It will not in return go up over time always, like the stock of a company that makes money over time.
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient
If you don't invest long term, there is always a possibility of loss. Because in the current market situation it is very difficult to understand when the market is going in which direction. So to get profit in this market situation must be long term hold. And never panic. Panic will never make a profit in any way.
Anyone who does not focus on the long term has everything to lose, Bitcoin has high volatility,So I think it's more profitable to invest for long term and be patient
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