Buying bitcoin is one thing Keeping bitcoin is another matter
There are many people who buy bitcoin at cheap prices but they don't keep it for long for some reason
Because they don't understand bitcoin, don't have enough knowledge about bitcoin
Just like when you build a house, the foundation must be strong
So that when the warning comes, it will be able to hold the house firmly, but if the foundation of the house is done poorly, when the warning comes, it will destroy the house.
Similar to holding bitcoin, if you understand it deeply, even if the market fluctuates, your bitcoin will still stay there.
It cannot fly, because you already know enough about it, so you won't care about its short-term fluctuations.
And out there, they still compete to buy and sell, but in the end they cannot keep their bitcoins
The market fluctuates a little bit
After all, not everyone really understands bitcoin #bitcoin#btc
Bitcoin is an asset as it is held by more and more people
The more people who hold it, the more neutral and powerful it is
Very few people understand this
Many people often believe that I am very knowledgeable about bitcoin, but essentially they do not understand
To keep your assets in bitcoin - first you will have to understand it
If you only understand it a little, you won't be able to hold it for long. It's safe to say that when you see its price fluctuate a little, your hands will shake.
To keep your hands from shaking when holding bitcoin, you need to invest in bitcoin knowledge
You will need to dig deep into it
Some people even think that bitcoin is very risky, that's right, but what is bitcoin risky compared to?
The right question is Bitcoin is risky compared to what?
Try comparing Gold with Bitcoin, which is riskier?
Similarly, you can also compare bitcoin against other assets => The answer will be very clear if you try to compare like that
When zooming out and looking at the overview from the beginning of 2023 until now
We can see how many ups and downs bitcoin has gone through, how many events, how many times the boat has flipped, affecting the price of bitcoin.
But then the boat slowly stood up and continued on
Looking at the price chart, we can see that its price increases are very terrible, it increases with a distorted face
Many new people, when looking at bitcoin at this price, will think, oh my gosh, bitcoin is now at the top and only sleep will jump in.
But bitcoin does not have a peak, bitcoin is an asset that will increase forever, but in the short term it will be very volatile
So many people who don't understand will feel unfamiliar, especially newbies
I haven't seen young people actually holding bitcoin, most of them only keep it for the short term and see it increase by 10% and then quickly rush to sell it off.
Like oh it went up and then sold quickly or it went down
Honestly speaking, anyone who holds bitcoin with this short-term mindset is only suitable for holding Altcoins
Because Altcoins can give them a higher short-term profit percentage than bitcoin, but altcoins can only stand still at a certain threshold.
Keep real coins to get real profits, but keep junk coins and you will only get virtual profits, but virtual profits will definitely not last long. $BTC #Write2Win #bitcoin #btc #BinanceTournament
Litecoin is going through a period of regaining strength, although a few days ago it dropped to a price of 56.86 and the current price is slightly above $73.
Although not really strong
But we can observe in the weekly candlestick price chart, showing that LTC has been recovering very well 📈
This shows that its price increase in the coming time will not only fluctuate strongly
It is also a reflection, increasing trust and interest from investors
From my personal perspective, I think ETH price will continue to fluctuate from now until July 23, the day ETH spot ETF officially trades.
The excitement of those holding ETH and the expectation of waiting for the price to react, so I think it will be very difficult for the price of ETH to return to the $3,000 mark.
In addition to that situation, when the ETH spot ETF is officially traded, there will likely be a SELL THE NEWS phenomenon
If so, it is likely to pull ETH price to $2,500
=> As we can see the phenomenon that occurred when Bitcoin ETF trading started, BTC decreased from 46 thousand to 38 thousand
So I personally think it can also be used with ETH, but anyway, it's better to be prepared.
- If there is a sell the news phenomenon, for example, it will only have a short-term effect, just like when the bitcoin ETF started trading.
Bitcoin decreased from 46k to 38k, then accumulated in a short time and the cash flow slowly rushed into the bitcoin ETF fund, immediately bitcoin jumped from 38k and created a new peak of 73 thousand dollars Wow!
It can be said that Bitcoin ETF is the most successful ETF in US stock history
This effect will continue to spread momentum to the Ethereum ETF over the next few days
=> Having an Ethereum ETF also increases cash flow, increases confidence in crypto, and increases confidence for traditional investors
With the progress of the Ethereum ETF, the price of ETH will soon reach the $8 thousand mark (in the long term), possibly from now until the end of the year 📈
Even I believe Bitcoin will soon reach 100 thousand dollars📈 $ETH $BTC
$DOT Recovering, after days of facing the market's waterfalls
I have also allocated a small percentage to this coin
Before that, there was a lot of bad news about $DOT , but in the end, people who loved this coin ignored it.
They are busy concentrating on accumulating $DOT
If you are someone who always doubts this currency, one is you choose to reconsider and allocate capital, or two is you choose to miss the opportunity.