There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.
One thing is certain that those who don't invest in Bitcoin for long term don't have patience that's why they don't or can't afford the patients to hold, accumulate and wait for the perfect time to sell their coin.
every Bitcoin investment should be long-term. Because we have seen that even at the end of 2023 the price of bitcoin was 42k and as the year 2024 falls, the price of bitcoin has crossed 50k and currently the price of bitcoin is 52k. So now consider that those who invested in Bitcoin in 2023, when the price of Bitcoin was hovering between 26k and 27k, have already received double returns. So those who have been patiently holding Bitcoin since then have already reaped double the return on their investment.
One thing I can agree to is everyone should invest in Bitcoin but the way things are and many people aren't capable of waiting for longer time, so I don't think everyone can be able to hold their Bitcoin for long term, like I already said before that there are more people that doesn't have patients to hold their coin for long term. Moreover long term investment is the best way to achieve big because we don't know when Bitcoin will rise and if we start buying now and hold it for long time we will gain enough profits.
Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Yes correct, let's buy now and start holding, even if we don't have plans for Bitcoin we should start now to make plans for buying Bitcoin because Bitcoin is like a life time changing project that can change life of anyone who's interested in Bitcoin and also have patients to hold and accumulate it for long terms.