You are right. The experience might not be the same for every one but however, no matter what the nature of the experiences are, one should be able to learn from it. Bitcoin halving is a very good strategy to boast Bitcoin price and this has been the event since it started but this year 2024 was quite different though but however, holding Bitcoin for a long term is the ultimate as it would yield you as the investor good returns on investment.
You investing in Bitcoin, means you using cash that you do not think about and it does not really have to bother you after using it. As it is a long term investment, you will have to very much disciplined to not touch it until it exactly the day and time you plan selling or withdrawing it.
Investing in bitcoin is always a good choice for us because bitcoin is very suitable for the long term. We can also invest in several other old coins which according to our experience, these coins have a good reputation. Apart from bitcoin, I always choose bitcoin and also ethereum in investment for the long term. Everyone has their own experience and these two coins always give me advantages in investing.
And I also agree with those of you who say investing in Bitcoin is like using money that will not be used or touched in the near future, of course we have to use free funds.
That's right, so far only Bitcoin can provide many benefits and is very suitable for long-term investment. Even though no one can guarantee that you will always make a profit, at least Bitcoin has shown that this digital currency is very popular with many people, so it has quite high demand and still has the potential to provide profits in the future.
For sure Bitcoin has a good potential of making profit for investors but I think when investing for a long term, one should be able to exercise patience as that is the key to a successful long term investment plans. If as an investor, you lack patience, I really think it would be very difficult for such an investor to hold for a long term because of the fact that they are impatience coupled with fear mechanism they already have, they would not be able to achieve their long term investment plan which is not suitable.
We all know that irrespective of the Bitcoin price drop which sometimes is price corrections or possible manipulation by the big whales in the industry, the price of Bitcoin will definitely rise back to its all time high but its just a thing of patience and perseverance to achieve our long term investment goals.