Buying Bitcoin? Hold for at least three years to avoid losses, data says
A recent analysis indicates that investors in Bitcoin should hold their assets for a minimum of three years to mitigate the risk of losses. Historical data reveals that Bitcoin has consistently recovered from downturns over extended periods, with the likelihood of profit increasing significantly after three years of holding. The study emphasizes the importance of long-term investment strategies in the volatile cryptocurrency market. Additionally, it suggests that short-term trading can lead to greater risks and potential losses for investors.
Read the full article: Coin Telegraph