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Bitcoin Forum / Re: I am a newbie so I want to know what season I can hold bitcoin.
« on: April 18, 2024, 09:48:47 PM »Of course we have to do research before we buy assets to put in our portfolio. We are not advised to buy carelessly because it is very risky for ourselves. There are many things we have to analyze before we buy, this will allow us to minimize things we don't want.Doing research is a must, investing in crypto is a serious matter. Sure, crypto investment is categorized as a high risk investment, not everyone can do this. If we have no ability in analyzing it, it is better to stay away from crypto investment, including investing in Bitcoin. Even if Bitcoin is safer than any other crypto coins but it doesn't guarantee for profits. The time for entry and exit will determine whether we will have profits or we get losses.
Maybe we won't lose money, but we have to wait 2 times longer for example, that will certainly be annoying for us because we have to wait 2 times longer than we should.I don't get your point. However, losing money in crypto investment is something possible. Holding for short time or long time, it depends on your target.