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Author Topic: I am a newbie so I want to know what season I can hold bitcoin.  (Read 13210 times)

Offline Fancode09

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The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?

Basically I want to know about investing strategy.


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Offline Power420

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #1 on: March 26, 2024, 10:21:55 AM »
If you are thinking about holding then you have to take risk first. Invest as much money as you can afford to lose. So if you want to invest you have to invest on your own logic, so currently Bitcoin market is bullish so you can be patient this time because there is a high possibility of Bitcoin price dumping when it starts in April 2024. So if the Bitcoin market is dumping you will take the investment opportunity. And till 2025 you will try to hold your investment.

Offline Jamal Aezaz

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #2 on: March 26, 2024, 07:29:46 PM »
You can invest any amount that you can afford and once you put any amount then it does not means that it is enough because you can add more anytime according to your desires and according to the situations of your finance.

Keep investing and keep buying as you see that the market is going down so it depends on you that how much you want to invest and how longer you desire to keep your bitcoin as everyone plans for different value.

Don't buy when the price is higher but sometimes people have money and they have opportunity to invest in bitcoin so that opportunity should also not be avoided and then see towards the situations like currently there is a hope that halving will increase the price more so buying now is still beneficial.
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Offline dkbit98

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #3 on: March 26, 2024, 08:33:03 PM »
The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
This is not exactly the case.
Bitcoin prices goes up and down all the time, it has cycles of bull and bear runs, so it's natural for some limits to exist.
Long term price is increasing but expect to have big crashes and crazy price swings.
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Offline SamReomo

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #4 on: March 26, 2024, 08:53:55 PM »
I would suggest you to go for DCA strategy as that's the best strategy for the newbies. Investing in Bitcoin has its perks and some drawbacks and that's why at first I recommend you to learn about Bitcoin and its wallets and when you're sure that you have learnt enough about it then you can start accumulating by following the DCA strategy. I'm very sure that with DCA strategy you'll end up making some good profits by investing in Bitcoin.
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Offline compromise me

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #5 on: March 26, 2024, 10:17:15 PM »
The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?

Basically I want to know about investing strategy.
Until the bitcoin is sold retaining it has benefits. Bitcoin has no upper price limit and no set pricing structure. Bitcoin price is subject to fluctuations as it is influenced by the interplay between market supply and demand. When Bitcoin halts its value falls which boosts demand and pushes up the price of the cryptocurrency over forecast. Abrupt increases in the price of Bitcoin are observed during the Halving period. As a result holding Bitcoin until a crash happens is advantageous and it's crucial to monitor price fluctuations.
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Offline salad daging

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #6 on: March 26, 2024, 11:23:41 PM »
Usually there are bearish and bullish where it determines the bitcoin cycle occurs, but it will not be too late because there is still a chance to invest in bitcoin even though the price has risen high even ATH.

Do not hesitate to hold this bitcoin only for the long term so you can also do your own research on how the market moves, and never put all the money in bitcoin because here it is too risky.

Strategies about investing in bitcoin do it the DCA way you can buy regularly once a week or once a month.

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #6 on: March 26, 2024, 11:23:41 PM »


Offline Zed0X

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #7 on: March 27, 2024, 11:54:54 AM »
BTC price doesn't increase all the time. When you're talking about investing strategy, the best time to buy is during bear markets. That's the time when price falls significantly and stays down over a long period. It's probably still good to buy some right now because it's projected to break the six-digits or by 2025.

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #8 on: March 27, 2024, 02:29:21 PM »
I would recommend holding for the long term because Bitcoin's value will continue to increase due to scarcity and demand. Trust the experts and keep studying the market but keep growing your investment 9of course only what you can afford to lose). trust dollar cost average or use an AI trading bot like R100K to maximize your profits. I did so and am at 173% profit right now. The trick is to diversify your portfolio as much as possible.

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #9 on: March 27, 2024, 02:41:18 PM »
The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?

Basically I want to know about investing strategy.

In every market whether it's a forex market or crypto market, there are two types of season that exists, there is bull run season and there is a bear season. The bear season is the time when market is not going to give you any significant gains while the bull run gives you a good run of your money like we are experiencing right now.

What is the perfect time to buy any coin? It's during the bear season because things are usually cheap that time and you can get more profits in bull run but you can also buy during the bullrun but just that you might not have a significant profits like that when compare to bear market buy.

If you want to buy, you should buy understand that there is a risk involve in buying Bitcoin and you must make sure that the money you are investing is the money you can afford to lose.
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Offline ajiz138

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #10 on: March 27, 2024, 03:41:16 PM »
BTC price doesn't increase all the time. When you're talking about investing strategy, the best time to buy is during bear markets. That's the time when price falls significantly and stays down over a long period. It's probably still good to buy some right now because it's projected to break the six-digits or by 2025.
one of the right times to buy bitcoin is when the market is down drastically, and that has happened some time ago. Now the market is increasing again, but that doesn't mean we can't buy anymore, because there is still an opportunity.

But of course we also have to prepare for all the risks, especially if they are beginners who still panic easily when the market experiences a correction. Because like it or not, we will continue to see this in the market.

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #11 on: March 27, 2024, 04:09:33 PM »
The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?

Basically I want to know about investing strategy.
Currently, we are in an early bull market, where we will experience high pumps and little dumps. The best time to invest is in the bear market, where you have the opportunity to accumulate as many bitcoin that you want in a discount price. Whoever can buy enough Bitcoin by then is lucky, because he can hodli till the bull run. By then he would ha e made a lot of profit. However, should we keep waiting for the bear market to come NO. This is why anytime is the best time to buy as long as you have the funds on you because waiting is dangerous. Using DCA method is the best for a beginner that wants to build up his bitcoin portfolio to a significant amount and hodli, because it gives you the opportunity to buy bitcoin regularly either weekly or monthly, irrespective of bitcoin price.

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #12 on: March 27, 2024, 05:51:17 PM »
First, make sure you use money that you can afford to lose because investing in Bitcoin is a considerable risk.

You can get in when the Price really crashes or a lot of people start dumping Bitcoin.
Of course, you have to learn and monitor how the crypto market is doing at all times.
As long as you don't get FOMO and aren't affected by FUD, you can invest your money safely regardless of the price, the most important thing is the price target you want to achieve.

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #13 on: March 27, 2024, 06:13:19 PM »
What I recommend to you is very simple, if the price of bitcoin is below the last ATH, then don't think about it, buy, because the price of bitcoin will reach much more than $100k, then this is something we should do always consider.

If you are a novice, what I recommend is to buy and wait, if you are able to wait as long as is enough to see the benefits, then that is fine. If you want to trade, then it is delicate, because I recommend that you learn well, it is not good to trust yourself. In what many say out there, or academies, something like that, because what most are looking for is money, I always recommend for trading, before making it laugh, read books, especially from market speculators because they give clear examples of how The market works and how they operated.
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Offline Lucius

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Re: I am a newbie so I want to know what season I can hold bitcoin.
« Reply #14 on: March 27, 2024, 06:37:10 PM »
The best strategy is to understand what you are investing in and to learn how to do it the right way, everything else is more or less guesswork when it comes to price. Of course, there are better and worse times when you can invest your money, and without discouraging you, right now is not the best time if you only look at it from a profit perspective.

If you had asked that question 1 year ago or a little more, I would have told you that it was a great time because Bitcoin was practically at the bottom and was only worth a little more than $15 000 - today the numbers are several times higher and I think they speak for themselves.

However, if you believe in Bitcoin, it's never a bad time to start investing, because according to everything, a very interesting year awaits us ;)
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