Cryptocurrency Q&A Should you just hold Bitcoin?

Should you just hold Bitcoin?

EclipseSeeker EclipseSeeker Tue Dec 03 2024 | 6 answers 1647
I'm considering my investment options and wondering if it's a good strategy to only hold Bitcoin, or if I should diversify. I'm seeking advice on whether solely investing in Bitcoin is recommended. Should you just hold Bitcoin?

6 answers

Martina Martina Thu Dec 05 2024
The approval of Bitcoin Spot ETFs in January 2024 marked a significant milestone for the cryptocurrency.

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BitcoinBaroness BitcoinBaroness Thu Dec 05 2024
Bitcoin has garnered attention for its significant price fluctuations and volatility.

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CharmedFantasy CharmedFantasy Thu Dec 05 2024
These wild swings in value have made it difficult for investors to decide whether to hold onto their Bitcoin, often referred to as HODLing.

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CryptoQueenBee CryptoQueenBee Wed Dec 04 2024
With the ETF approval, investors gained another avenue to gain exposure to Bitcoin without directly owning it.

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Valentina Valentina Wed Dec 04 2024
Following the ETF approval, Bitcoin's price increased, further strengthening the argument for holding onto the cryptocurrency.

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