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Bitcoin (BTC)
How long are you willing to hold your Bitcoin?
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[QUOTE="Ralphjoe, post: 72011, member: 23616"] Well, Bitcoin is one cryptocurrency that has a very high rate of volatility, this high rate of volatility makes it very easy for it to increase and decrease in value in short time. When I was investing in Bitcoin, I swore to myself that I will invest in the it and forget about my investment and I won't check my investment until I get the news that the price of Bitcoin has reached atleast $100,000. This is a herculean task for me as I soon discovered that I can't do that, I find myself going to my wallet everyday to check how my Bitcoin appreciates or depreciates, each time I check my Bitcoin wallet and I see that it has reduced, I get so sad and sober, but whenever I check my wallet and I find out that my Bitcoin has appreciated in price, I am always happy with it, now the issue is that I just can't seem to leave my investment in my wallet for long because I am this kind of an emotional someone who is easily affected by simple things. I can't really give a definite time of how long I can keep my Bitcoin investment for but whenever the price of the asset gets To my targeted price threshold then i will probably withdraw my investment. [/QUOTE]
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How long are you willing to hold your Bitcoin?
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