Bitcoin holding and trading

[densuj]

We have seen since 2024 that Bitcoin is now pumping much more than it was in 2017 to 2018, which has enabled many prominent investors to earn a good amount of money. But what should we do now..?? We have seen that when the price of Bitcoin was very low, the price of all coins was almost good. Again, when Bitcoin pumped 100k from above in 2024, the price of Bitcoin along with the price of all coins was very good, but suddenly the price of Bitcoin decreased slightly, the price of all coins decreased a lot. If we take a look, there are some such coins that now have no value.

What do you think we should do now?? Share your opinion.

Well in my personal strategy for bitcoin, i will buy and hold for long time because it protect my money from inflation, but i will find passive income in crypto to buy more bitcoin, we can trading alternatif coin, liquidity mining in DeFi platform, buying and selling NFT, staking crypto or find potential web3 projects in coming future to buy more bitcoin.

It was worked for me because it is simple just buy and hold bitcoin, stress free and it makes happy for my future life with bitcoin in long run we are the winner.

[God Of Thunder]

That's the reason why it's important to not invest your money in alts with high volatility when the market is bearish

Right, but if you already invested in alts, do not miss the opportunity to do DCA during the bearish market because that will help you recover faster. I was planning to do some DCA, but one of my friends said that I should not waste more money on alts. He is already at a huge loss, and he was trying to get rid of those alts.

As we can see, the market is in recovery mode already, and most of the alts have risen from 10 to 25% in the last 24 hours. So I am expecting most of my alts to recover in the coming weeks and I think I will get rid of them as well.

[kulkhan]

That's the reason why it's important to not invest your money in alts with high volatility when the market is bearish

Right, but if you already invested in alts, do not miss the opportunity to do DCA during the bearish market because that will help you recover faster. I was planning to do some DCA, but one of my friends said that I should not waste more money on alts. He is already at a huge loss, and he was trying to get rid of those alts.

As we can see, the market is in recovery mode already, and most of the alts have risen from 10 to 25% in the last 24 hours. So I am expecting most of my alts to recover in the coming weeks and I think I will get rid of them as well.

I think Altsession already started. We are waiting since long time for Altsession and i hope thats started. I am agree with you in bear market DCA is best method to invest. DCA means dollar cost average, that's means we have to buy in every deep. When price will down then buy.

DCA is best method i think because when market will up then within short time we will see breakevens. And we will hold it till our expected price. It will be profitable there has no doubt.

[Blaze]

I think Altsession already started. We are waiting since long time for Altsession and i hope thats started. I am agree with you in bear market DCA is best method to invest. DCA means dollar cost average, that's means we have to buy in every deep. When price will down then buy.

DCA is best method i think because when market will up then within short time we will see breakevens. And we will hold it till our expected price. It will be profitable there has no doubt.

Yes, this method is a smart move DCA is the correct approach overcoming volatility within the crypto market. In this way, you don’t need to think when the price will rise or fall, you buy periodically and average purchase price. When the market is bearish, then, however, you actually get the opportunity to collect assets at a lower rate. A lot of persons tend to panic when prices come down but for DCA, it is actually a good chance. When you get the market back up, your average purchase price is lower, so the cumulative profit you obtain can be more optimal.