Bitcoin Garden Forum
Cryptocurrencies => Crypto Discussion => Topic started by: robertsmark on March 01, 2021, 11:06:53 AM
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Bitcoiner for a week: “Panic sell!”
Bitcoiner for a year: “HODL”
Bitcoiner for two years: “BTFD”
Bitcoiner for five years: “Can’t BTFD, I’m already all in”
mycryptoparadise.com (http://mycryptoparadise.com)
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Bitcoin, whenever it comes into bullish time, some people are asking is it too late to buy Bitcoin right now?
When the price is on the top, well, I just bought BTC, and hopefully, it will be to the moon soon.
When the price of BTC suddenly crash: wtf, my asset is decreasing, BTC scam, I sell all my BTC
Then, BTC price is increasing again, I so regret, I sold my BTC and now it is rising up (crying)
This is a very often happen expersiion so far.
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Up and down is the nature of bitcoin because it is a volatile asset... Michael Saylor put it best when he said that with bitcoin "volatility is the price we pay for performance".
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Unless you are an experienced trading then it is best to hodl your crypto. Trying to foresee the market is the way to lose. Staking can give a daily income.
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To be clear bitcoin can't be staked, however it can be lent out on various platforms for a yield.