Bitcoin got pulled down because of DeFi unwinding Prices for ether, the native currency of the Ethereum blockchain, tumbled 8.3% on Thursday after a 7.6% drop the prior day. ... This is likely because the same assets (bitcoin, ether and others) are used aggressively to structure collateralized positions.
Follow this link for full answer
Without doubt, where should I hold bitcoins?
Cold storage (or offline wallets) is one of the safest methods for holding bitcoin, as these wallets are not accessible via the Internet. Hardware wallets are potentially even safer, although users face the risk of losing access to their tokens if they misplace or forget their keys.
In short, how long should I hold onto Bitcoin? Future Expectations
| >10 years | 12% |
| 7-10 years | 10% |
| 4-6 years | 22% |
| 1-3 years | 40% |
Quite as, is Bitcoin worth holding?
Considering the asset's 100,000,000% ROI and the fact it beats out all other assets, including stocks, gold, and oil in year to date returns, yes, Bitcoin is definitely worth considering. Just remember never to invest more than you can afford to lose and only buy Bitcoin from a safe, reliable trading platform.6 days ago
Can you hold Bitcoin?
tl;dr The best way to store bitcoin is to either use a hardware wallet, a multisignature wallet or a cold storage wallet. Have your wallet create a seed phrase, write it down on paper and store it in a safe place (or several safe places, as backups).