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Basic Questions about Cryptos / Re: Are Bitcoins a good investment?
« Last post by taufik123 on Today at 03:56:23 PM »-snip-HODL for the long term, but not HODL for life.
Although Bitcoin is a long-term investment and should be considered for its long-term potentials, if anyone wishes to really get the best out of Bitcoin, then one should avoid attempting to predict the market and just HODL for the long-term.
-snip-
There should be a price target that needs to be achieved, even if it's long-term.
I also hold bitcoin for the long term, buying again when the price drops dramatically like the last few weeks,
but still targeting the price to take profits.
The target that needs to be achieved for now is a new ATH at $100k, and that's quite realistic.