I agree with you. Keeping Bitcoin for a long time needs good understanding of investing and clear goal to make more money from initial investment in future. It is good decision that needs patience and a readiness to deal with changes in market. By holding onto Bitcoin for long time investors can benefit from its potential to grow over time and increase their chances of making profit. And we have seen in previous 6 months how Bitcoin proven itself and now it is hot topic in USA too. So holding on Bitcoin is definitely beneficial if we hold it for a long time.

That means every holder must have a good understanding of how to understand the price fotality of bitcoin. Each holder must understand how they hold and when they should let go to sell it. It will be more effective to get multiple profits.

Perhaps the main reason they can't afford to hold Bitcoin long is because they have other ways to make a profit. In addition, what made me release a lot of bitcoins was because I needed money for a special purpose. It was also because I had no other savings.

Apart from making profit off my investment in cryptocurrency, I am also the type of person that likes putting cryptocurrency into an actual use, and when I see a cryptocurrency that can't serve me for the purpose of what I want to do, or any one that its intention of release does not suit what I'm after, I just totally avoid them. I don't really go out to be checking new cryptocurrencies in the market, because I'm really not interested. Yes I have seen people hop different trends to make money, such meme coins, but it never interested me for once. But at the end, I guess everybody is just different and you should keep doing what works for you.

Your ideology will determine whether or not you make a profit. Because some individuals believe that they can benefit from bitcoin without having any understanding, yet bitcoin is always about having knowledge. The only time that something may not be vital is when you want to hold. Even if you are holding, you must understand when to buy and when to sell; there are some conditions that will discourage anyone from buying. During bull runs, you can elect to sell. Then bear is for people who desire to accumulate. But if you want to trade, you can't avoid getting deep, because trading requires skill and knowledge of technical analysis.

And if you don't follow the steps carefully when investing in bitcoin, you won't get very far. That is the challenge associated with bitcoin investing, so people must persevere and follow the steps one after the other, but they also don't want to study constantly, which is one of the most important things. If people don't want to make money, they need to be prepared to be patient, which is a requirement for success in bitcoin, but they are always too lazy to understand the steps, and once they are understood, there's no stopping you from making money.

When we decide to hold Bitcoin for a long time, patience is surely the key for the success. It will be nothing if we have good understanding but we have no patience. Knowledge is very important when we make a plan for our investment, we set the goal must depend on the knowledge. However, if we have weak mentality, it is impossible to reach the goal. So, both patience and knowledge are 2 crucial things in Bitcoin investment, especially for a long term holding.

Yep, holding for a long time will enable us to get higher profits. But we must know when the right time to sell the Bitcoin. Most people set the target based on 4 years cycle, we sell the Bitcoin when it is in bullish season. As long as we set the right time for selling, it will be safe for holding a long time. Personally, I only brave to hold for around 3-4 years. I will reinvest again when the market begins a new bearish season.

DWYOR

Yes, in the past we have seen the price of Bitcoin and currently its price has skyrocketed. Looking at the past price of Bitcoin, we can expect that this currency will improve even more in the future. It is best to hold Bitcoin for the future, as people invest and profit from the hope that the value of Bitcoin will increase in the future. Moreover, it is possible to get a lot of benefits by investing in bits, if a person wants to be financially independent, he must take bits and hold them for a long time, only then it will be possible to get good value.

Holding bitcoin and an investment portfolio mainly in bitcoin is something we absolutely should not ignore because bitcoin will bring us great benefits in the long run. But it won't be bad if we spend a small amount of capital to invest in altcoins because once bitcoin increases in price, many altcoins will also increase in price and the performance will even be many times better than bitcoin. Especially when we believe that the bull season is coming, investing in altcoins will be even more promising because as we know, many altcoins will have crazy increases when the bullish trend appears. And we need to remember the golden rule when investing in altcoins is that they are very risky and we should only invest an amount that we are sure will not affect us.

There are lots of Bitcoin ETF companies out there and we should not be surprised that the price of Bitcoin would starts going to their own predictions not our own again. There are so many firms and tech companies buying and accumulating Bitcoin because they know they can earn more from the crypto market and if they have huge amount, they would be able to control the price of Bitcoin to any direction with their fake news so they can always buy more from the market while small holders would have not option than to sell their holdings because of panic. More unpredictable movement of Bitcoin will start surfacing soon which could be the beginning of the manipulation of Bitcoin price.

Yeah. For any investor who want to achieved the same thing as what other investors get from bitcoin investment, he or she must hold into the investment for a long time. The things is that Bitcoin has been in existence for a long period of time, and that is why Bitcoin have a boy too everywhere not only in USA, In every setting where they are discussions about crypto investment, or any other issue if development in cryptocurrency, Bitcoin must be the main topic of discussion.

Most of the people know about the bitcoin. So people hold Bitcoin for future savings. Nowadays a lot of coins are in the market. But Bitcoin is the king of all coins. If investing in Bitcoin easy way to get more profit. So that is the reason to invest and hold Bitcoin.