Invest & Hodl Bitcoin!!

[alltalk]

to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.

Sure, we must think about the goal first before buying Bitcoin. We determine how long to hold Bitcoin whether it is for a short term or a long term, depending on the market trend or the cycle. Identifying the market condition is a must when we make a plan/goal. Also, we must determine how much the profits to achieve. If it is not too high profit, it can be for a short term holding. But if we target to earn a huge profit, it should be a long term holding. Maybe to take 2 cycles, around 8 years. But most people will target to hold around 3-4 years (1 cycle).

Patience is another factor. Even we hold for a short term, patience is also needed. Make sure that we have good knowledge because it also has a big role to influence our mentality. If we understand how Bitcoin investment works, it won't be hard to be patient in waiting for the target. But if we have lack of knowledge, we can be easier to be affected by bad news or FUDs.

[Metha Wulandarin]

Yes, if we only have $100-200, we should buy altcoins, as mentioned above, Solana and BNB are good choices, because they are not as expensive as bitcoin. I don't really like ethereum, because everyone has their own priority coins

Why we should buy altcoins? Investing in Bitcoin is no problem. With $100-$200, it is possible to buy some Bitcoin even if it will be small number of Bitcoin. Just continue to buy Bitcoin with $100-$200 every month, it will be big number of Bitcoin after 3-4 years. Anyway, if $100-$200 is maximum funds to have in a year, I agree if we are better to buy altcoins with cheap prices. MATIC is one of the example of altcoins with cheap price. I don't think it will be good to buy BNB or SOL, they are quite expensive.

Polygon matic is very cheap but I don't see a very good future for it. Many people who have invested in polygon matic are now in despair. But BNB and Solana coins have a bright future even though they are overpriced. But if bitcoin is the best investment buy and hold bitcoin I think there is no better investment. Whatever you do invest in Bitcoin first then plan to invest in something else. Bitcoin is a currency that doesn't follow anyone else's path Bitcoin moves at its own pace.

Every time I find people discussing Bitcoin I always pay attention to it and after I saw this post I thought that am I the only one who is not interested in investing in Bitcoin?
Because of the many members in this forum, they definitely give advice on investing in Bitcoin and fewer people give advice on investing in Ethereum.
If I agree with the opinion of people who suggest investing in Bitcoin, but is it possible for everyone to have money at least half the price of Bitcoin now?
If we play mathematically about profit with a capital of $100 if Bitcoin increases by 10% how much profit will be obtained and if we buy Ethereum as much as $100 at the current price and increase by 10%, of course the profit obtained is more from Ethereum than Bitcoin.

[SmartGold01]

to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.

Sure, we must think about the goal first before buying Bitcoin. We determine how long to hold Bitcoin whether it is for a short term or a long term, depending on the market trend or the cycle. Identifying the market condition is a must when we make a plan/goal. Also, we must determine how much the profits to achieve. If it is not too high profit, it can be for a short term holding. But if we target to earn a huge profit, it should be a long term holding. Maybe to take 2 cycles, around 8 years. But most people will target to hold around 3-4 years (1 cycle).

Patience is another factor. Even we hold for a short term, patience is also needed. Make sure that we have good knowledge because it also has a big role to influence our mentality. If we understand how Bitcoin investment works, it won't be hard to be patient in waiting for the target. But if we have lack of knowledge, we can be easier to be affected by bad news or FUDs.

Staying positive is one very important thing every investor should have otherwise they could lose a  life changing investment because they could get panicked and sold off their investment on a short duration while they could have hold for long term. Just as said always reading news concerning about that particular investment also another thing to be considered.

[UNIVERSE]

Polygon matic is very cheap but I don't see a very good future for it. Many people who have invested in polygon matic are now in despair. But BNB and Solana coins have a bright future even though they are overpriced. But if bitcoin is the best investment buy and hold bitcoin I think there is no better investment. Whatever you do invest in Bitcoin first then plan to invest in something else. Bitcoin is a currency that doesn't follow anyone else's path Bitcoin moves at its own pace.

Not only MATIC we have some other top altcoins with cheap prices. ADA, XRP, TRX, and HBAR are also cheap. If we want to diversify assets with cheap altcoins but they should be recommended coins, those altcoins can be the best options. Anyway, I think BNB and SOL are not overpriced, they still can't reach their ATH. And those coins also have big potential to skyrocket if we have altcoins season in 202-2025.

Agree, Bitcoin should the priority. Investing in altcoins is no problem but we must have Bitcoin for the main asset. We must understand that Bitcoin is the safest investment in crypto. It is because Bitcoin has a clear cycle, we know when the dip and the possible peak of the price.

[dekafee79]

Polygon matic is very cheap but I don't see a very good future for it. Many people who have invested in polygon matic are now in despair. But BNB and Solana coins have a bright future even though they are overpriced. But if bitcoin is the best investment buy and hold bitcoin I think there is no better investment. Whatever you do invest in Bitcoin first then plan to invest in something else. Bitcoin is a currency that doesn't follow anyone else's path Bitcoin moves at its own pace.

Not only MATIC we have some other top altcoins with cheap prices. ADA, XRP, TRX, and HBAR are also cheap. If we want to diversify assets with cheap altcoins but they should be recommended coins, those altcoins can be the best options. Anyway, I think BNB and SOL are not overpriced, they still can't reach their ATH. And those coins also have big potential to skyrocket if we have altcoins season in 202-2025.

Agree, Bitcoin should the priority. Investing in altcoins is no problem but we must have Bitcoin for the main asset. We must understand that Bitcoin is the safest investment in crypto. It is because Bitcoin has a clear cycle, we know when the dip and the possible peak of the price.

I agree that bitcoin is the priority coin for investing and next is ethereum.  I have these two coins as main assets.  And I also diversify like you by buying BNB, Solana, ADA, TRX, Matic, Hbar etc.  Because I am trying to increase the number of opportunities to get bigger profits from the many coins I buy during bearish seasons.

[Jamal Aezaz]

I agree that bitcoin is the priority coin for investing and next is ethereum.  I have these two coins as main assets.  And I also diversify like you by buying BNB, Solana, ADA, TRX, Matic, Hbar etc.  Because I am trying to increase the number of opportunities to get bigger profits from the many coins I buy during bearish seasons.

Yes these two are the top coins and we can blindly trust their success but without knowledge such top coins also become full of hazards. Those who have knowledge and have invested in bitcoin and ethereum during previous bear season are really in profit and now their profit will be double than their invested amount.

Those who are diversifying their investment will be more in profit but diversification does not mean to put money in any type of coin but for diversification you will make a thorough research after which you will choose only those altcoins which have made a better reputation from previous years.

[dekafee79]

I agree that bitcoin is the priority coin for investing and next is ethereum.  I have these two coins as main assets.  And I also diversify like you by buying BNB, Solana, ADA, TRX, Matic, Hbar etc.  Because I am trying to increase the number of opportunities to get bigger profits from the many coins I buy during bearish seasons.

Yes these two are the top coins and we can blindly trust their success but without knowledge such top coins also become full of hazards. Those who have knowledge and have invested in bitcoin and ethereum during previous bear season are really in profit and now their profit will be double than their invested amount.

Those who are diversifying their investment will be more in profit but diversification does not mean to put money in any type of coin but for diversification you will make a thorough research after which you will choose only those altcoins which have made a better reputation from previous years.

Yes, in diversifying coins we have to do in-depth research and observation before deciding to buy potential coins, I am more interested in the top coins.  Because the risk is lower, this is my main reason.   For bitcoin and ethereum, it is indeed risky, but if we buy during the bearish season and hold until bullish, I think the risk is very low.  Because we will get benefits if we do this.

[akeemqaz]

I wish I have done this some years back. Now, I'm getting to realise that Bitcoin is the safest crypto asset. Also, The best way to be safe is to convert some altcoins to Bitcoin when they go up against it.. Bitcoin is just the strongest of all

[doc]

I wish I have done this some years back. Now, I'm getting to realise that Bitcoin is the safest crypto asset. Also, The best way to be safe is to convert some altcoins to Bitcoin when they go up against it.. Bitcoin is just the strongest of all

Bitcoin is the King of crypto currency, of course Bitcoin is the strongest and safest for long term holding.  There are many other altcoins that can be held such as ethereum, BNB, Solana, XRP, TRX, LINK, DOT etc.  But they may only be suitable for medium investment.  Because the most suitable for the long term is only bitcoin.

[salad daging]

I wish I have done this some years back. Now, I'm getting to realise that Bitcoin is the safest crypto asset. Also, The best way to be safe is to convert some altcoins to Bitcoin when they go up against it.. Bitcoin is just the strongest of all

Not a safe asset but when you compare ROI with other assets bitcoin has much more potential to rise quickly in the sense that every 4-year cycle and now it may be time.

When you neglect to store bitcoin then it will not be safe, such as storing on the exchange you lose the seed phrase and other types of errors.

So make sure you keep your bitcoins safe no one should know that you have them including the most important seed phrase.

[Rubel007]

to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.

Sure, we must think about the goal first before buying Bitcoin. We determine how long to hold Bitcoin whether it is for a short term or a long term, depending on the market trend or the cycle. Identifying the market condition is a must when we make a plan/goal. Also, we must determine how much the profits to achieve. If it is not too high profit, it can be for a short term holding. But if we target to earn a huge profit, it should be a long term holding. Maybe to take 2 cycles, around 8 years. But most people will target to hold around 3-4 years (1 cycle).

Patience is another factor. Even we hold for a short term, patience is also needed. Make sure that we have good knowledge because it also has a big role to influence our mentality. If we understand how Bitcoin investment works, it won't be hard to be patient in waiting for the target. But if we have lack of knowledge, we can be easier to be affected by bad news or FUDs.

Staying positive is one very important thing every investor should have otherwise they could lose a  life changing investment because they could get panicked and sold off their investment on a short duration while they could have hold for long term. Just as said always reading news concerning about that particular investment also another thing to be considered.

Bitcoin price goes through high volatility where many investors get frustrated and sell their assets. An investor feels an invisible pressure from the moment he invests. If the investment is short term then the pressure will be much higher. If an investor plans for the long term then he can be relatively safe. A large decrease of price in Bitcoin will not create a any pressure in it. Moreover, not everyone is experienced in investing. An investor can also lose due to inexperience. In case of such problems, if the investor makes a long-term plan, then he will be able to invest relatively risk-free.

[Dr.Bitcoin_Strange]

If you hodl for long term investment purposes, you're like staying away from stress caused by the volatile market that mostly affects short term hodlers. It is also safe from making wrong decisions that most short term holders do. You can also maximize profits which you cannot on short term investments. That is why big players love to play long term because they anticipated volatility to drive prices up in the future.

That's how wonderful investing on bitcoin for long term since we can get away from big stress brought up by market pressure and simply we just put a target on when we are ready to sell our hodl coins. Although this might not be so easy for other people but if they are consistent on the market and realize that there are more better opportunities for people who hodl their bitcoins for sure they would love to participate on it and ignore the idea about trading bitcoin for short term.

Big players like the idea about to hodl since they want to escape on more technical things and just want to see the result in future especially when bull run cames since this scenario usually happen on bitcoin and when it reach for another ATH then I guess that's a sign or can trigger their decision to take profit and enjoy their gains.

[LUCKMCFLY]

to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.

Sure, we must think about the goal first before buying Bitcoin. We determine how long to hold Bitcoin whether it is for a short term or a long term, depending on the market trend or the cycle. Identifying the market condition is a must when we make a plan/goal. Also, we must determine how much the profits to achieve. If it is not too high profit, it can be for a short term holding. But if we target to earn a huge profit, it should be a long term holding. Maybe to take 2 cycles, around 8 years. But most people will target to hold around 3-4 years (1 cycle).

Patience is another factor. Even we hold for a short term, patience is also needed. Make sure that we have good knowledge because it also has a big role to influence our mentality. If we understand how Bitcoin investment works, it won't be hard to be patient in waiting for the target. But if we have lack of knowledge, we can be easier to be affected by bad news or FUDs.

Staying positive is one very important thing every investor should have otherwise they could lose a  life changing investment because they could get panicked and sold off their investment on a short duration while they could have hold for long term. Just as said always reading news concerning about that particular investment also another thing to be considered.

Bitcoin price goes through high volatility where many investors get frustrated and sell their assets. An investor feels an invisible pressure from the moment he invests. If the investment is short term then the pressure will be much higher. If an investor plans for the long term then he can be relatively safe. A large decrease of price in Bitcoin will not create a any pressure in it. Moreover, not everyone is experienced in investing. An investor can also lose due to inexperience. In case of such problems, if the investor makes a long-term plan, then he will be able to invest relatively risk-free.

In the bitcoin market there is always something that will Always Work , it is the hodl, it does not matter how much the price drops, it does not matter , what Matters is that the Price will go up , what we do not know is when it will go up, but what will happen will happen, so there is no Need to have any doubt about that, we must Always be people who will have Everything to win if we trust that bitcoin is the simplest currency for us to grab Money and have it there , or I will Always say that when bitcoin has some Corrections or falls , you have to buy what you can and if it Continues to fall , then You Should buy more, and Wait, or hodl, as long as Bitcoin exists it will always be something that can be done Safely.

[UNIVERSE]

I agree that bitcoin is the priority coin for investing and next is ethereum.  I have these two coins as main assets.  And I also diversify like you by buying BNB, Solana, ADA, TRX, Matic, Hbar etc.  Because I am trying to increase the number of opportunities to get bigger profits from the many coins I buy during bearish seasons.

Not only you, I think most of crypto investors must have Bitcoin and Ethereum on their wallets. Bitcoin and Ethereum are the most recommended coins, they are also the most popular crypto coins. And they becomes the coins that can improve their prices consistently in every bullrun season. That's why people prioritize them to be the main assets.

Yes, some top altcoins are good for diversification. BNB, SOL, HBAR, MATIC, ADA, TRX, XLM, DOT, ARB, and LTC are some options for diversification. However, I suggest to not choosing too many altcoins because it will be harder to monitor their improvement if we are holding too many coins in our wallets.

[JoyMarsha]

Yes, if we only have $100-200, we should buy altcoins, as mentioned above, Solana and BNB are good choices, because they are not as expensive as bitcoin. I don't really like ethereum, because everyone has their own priority coins

Why we should buy altcoins? Investing in Bitcoin is no problem. With $100-$200, it is possible to buy some Bitcoin even if it will be small number of Bitcoin. Just continue to buy Bitcoin with $100-$200 every month, it will be big number of Bitcoin after 3-4 years. Anyway, if $100-$200 is maximum funds to have in a year, I agree if we are better to buy altcoins with cheap prices. MATIC is one of the example of altcoins with cheap price. I don't think it will be good to buy BNB or SOL, they are quite expensive.

If you can advise one not to invest in Solana and BNB because of how expensive they are, why then will you advise one to invest in bitcoin? Is bitcoin not more expensive than Solana and BNB? If we should judge it that way.

However, choosing not to invest in crypto because of how costly some coins are, is the reason most investors fall victim to scams. They are looking for cheap coins, failing to invest in potential coins because they are costly to them, not knowing that they are the coins that can make waves in the bull run.

I can comfortably invest in bitcoin, BNB, Solana, and ethereum with the little I have, knowing that in the bull run, I am sure to see profits from the investment I have made