What you need to know is that bitcoin can give you a profit if you hold it for a long period of time without selling; that’s to say, long-term holders are the ones that make a large profit. And the profit is base on how much volum you hodl.
You also need to know that bitcoin doesn’t perform magic and it’s not an easy way to make money, so you need to remove that mindset from your mind if that’s your intention of investing in bitcoin in order not to get disappointed if the price starts going sideways.
Topic: What should a newbie do in bitcoin investing? - page 6. (Read 1005 times)
High profit? That depends on what you consider high. I think at the current level, you might get a 300% ROI in the next couple years.
For newbies, it's often recommended to set a monthly investment amount (say $100) and consistently acquire over time. It's best not to go All-in with crypto or make any major investments if you are new because the market cycles every 4 years bring new highs and also dips that can be detrimental to one's net worth.
For newbies, it's often recommended to set a monthly investment amount (say $100) and consistently acquire over time. It's best not to go All-in with crypto or make any major investments if you are new because the market cycles every 4 years bring new highs and also dips that can be detrimental to one's net worth.
Good day, I heard that bitcoin investment is a way to get profit in the future. I got to know Bitcoin is a good investment through a well-known person of mine. Is bitcoin actually able to give me a high profit?
Suggest and help me to move forward.
Suggest and help me to move forward.
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