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Should we hold btc now for long term??


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Posted

 Now bitcoin current price is 7450usd ....many bit coin trader say that btc price will dump again..as we earn btc to sell it in high profiy and some hold it for high profit so is we all should hold now btc for long term or not...my own thinking is in investment it doesn't matter about long-term or short-term. The most important thing in investing is about investment management. A lot of people experience huge losses and there are also some people making huge profits, bitcoin fluctuations are very high and fast..so what do you think about bitcoin invest now??

Posted

Btc went down to $3900 last month. Now it's again back to a better position and showing stability here. But it's not the end. Always pump and dump happens in crypto market. So if you going to invest in crypto for long term then you should do it anytime. Cause all believe that crypto will hit huge in future. 

Posted

It will dump. Once this pandemic is over and the world market curve shifts to an upward trend again, confidence devoted to BTC will surely break again. People are just using BTC as of the moment to be a safe haven and nothing more about it being a real asset replacing the conventional paper bills.

Posted

I think if you want hold Btc for 1 year or 6 months then I think good but if you want hold for 1,2 months then not good because I think after 2,3 months price again go down . So wait for price go again down.

Posted
1 hour ago, Mahdirakib87 said:

Btc went down to $3900 last month. Now it's again back to a better position and showing stability here. But it's not the end. Always pump and dump happens in crypto market. So if you going to invest in crypto for long term then you should do it anytime. Cause all believe that crypto will hit huge in future. 

Thanks for your kind information about holding btc...better i hold btc now for long term which will lead me to great profit but some trader invest now for short term as they guess btc will rise up this month..

 

1 hour ago, Ali saher said:

I think if you want hold Btc for 1 year or 6 months then I think good but if you want hold for 1,2 months then not good because I think after 2,3 months price again go down . So wait for price go again down.

How if the btc price become 12k this month and who hold btc for long term is bad luck but holding short term is pretty some time...all one know in future crypto will pump more

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