White House (USA) hosting a crypto summit tomorrow (Friday March 7)

[Cryptsafe]

It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.

It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.

Yes, you are right, and patience is a virtue, but not every person has that patience to hold for a very long time hence, you see people selling at any slightest drop or decline in price of bitcoin for the fear of running at loss. This is why investors are advised to use funds they can afford to lose or a spare fund they would not need use for a very long term after investing in Bitcoin as the market is not stable and can decline at any given point in time. The truth is that to invest for such a long term, one must have a backup so they don't get carried away by the market condition or are tempted to sell as a result of pressing demand for funds, etc.

[yohananaomi]

It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.

It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.

Bitcoin is famous for its long -term investment and should be known to all who want to invest in Bitcoin. But there are indeed those who are able to be well enough to reach the price that is desired, but not a few that cannot survive because of other temptations. Bitcoin to the specified time is certainly not easy, but because the results are enough to make those who get the maximum results, so many continue to be Manahan.

[Jating]

It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.

It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.

Yes, you are right, and patience is a virtue, but not every person has that patience to hold for a very long time hence, you see people selling at any slightest drop or decline in price of bitcoin for the fear of running at loss. This is why investors are advised to use funds they can afford to lose or a spare fund they would not need use for a very long term after investing in Bitcoin as the market is not stable and can decline at any given point in time. The truth is that to invest for such a long term, one must have a backup so they don't get carried away by the market condition or are tempted to sell as a result of pressing demand for funds, etc.

Somewhat we are getting out of topic here. I don't know maybe the OP or any mods might need to lock this thread up as the discussions are no longer connected to the subject itself. It's almost a month now since the summit and we all know that we are totally disappointed as the result didn't give us any positive news. US is not going to buy Bitcoin or any other crypto, but will just hold what they have rightn ow and that is going to be their strategic reserves.

[yohananaomi]

It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.

It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.

Yes, you are right, and patience is a virtue, but not every person has that patience to hold for a very long time hence, you see people selling at any slightest drop or decline in price of bitcoin for the fear of running at loss. This is why investors are advised to use funds they can afford to lose or a spare fund they would not need use for a very long term after investing in Bitcoin as the market is not stable and can decline at any given point in time. The truth is that to invest for such a long term, one must have a backup so they don't get carried away by the market condition or are tempted to sell as a result of pressing demand for funds, etc.

Somewhat we are getting out of topic here. I don't know maybe the OP or any mods might need to lock this thread up as the discussions are no longer connected to the subject itself. It's almost a month now since the summit and we all know that we are totally disappointed as the result didn't give us any positive news. US is not going to buy Bitcoin or any other crypto, but will just hold what they have rightn ow and that is going to be their strategic reserves.

Whatever the results and where it does not give very good results, of course, we can understand and do not need to be disappointed, and it is normal that there will always be something that can work out in the end, but there are things that cannot be expected. Right now there is nothing that can be expected.
But we do not know if there will be other actions or policies from the US government in the future, we had better wait for that.