▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Where HODL came from:
Bitcoin & Cryptocurrencies are extremely volatile. You can try to time the market, but it can be very difficult to do and may result in you losing your money more times often than not. You can definitely do it, but it will take some practice and some effort on your end.
The first simple strategy is to simply hodl your Bitcoin and not to try and actively trade it. Instead, accumulate it and hodl for the next couple of years or decades. If you are purchasing Bitcoin today, then I’m sure you believe the price will be greater in the future due to many various factors.
Thank you for watching, and good luck with your Bitcoin/Crypto journey.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version