Oops bitcoin is losing momentum

newbie here. can i buy bitcoin on coinbase and hold for 1-2 years? how does people loose money on bitcoin?
 
Well, according to Binance data this hour, BTC is over +5% increase for the day. However, I am putting it as a fact that by Thursday next week BTC/USD price should have retraced by -25%.
 
Expectancies on BTC/USD price to make higher highs a bit, which I know is the reason for most investors confidence on BTC/USD buys, however we are sure of much lower lows before the runout of next week.
 

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I wouldn't be surprised if we tested 20k again. The run up needs to be tested. BTC is for sure going up in the long term though.
 
I've been back in this game a short while, since adding money in around 18 months ago and quite literally forgetting about it. I had the 12-word phrase from Blockchain stored in a file, which was fortunate, as there's no chance I'd have remembered the email and password, otherwise.

I've withdrawn my initial stake, so guess even if it crashes, I've not lost anything. Will keep a closer eye on the people with much more experience. Like I always do, I'll treat it as a game.
 
Bitcoin pulled up from the recent low. At $39,000, it's testing the all time high again. It's a weird time to be in crypto, though. Dogecoin is flying. This project is essentially dead. Ethereum is flying, as you can plainly see by the high transaction costs which peaked at $25. Can you imagine? I want to send $10 in ETH somewhere. That will be $35, total. Today I send it and it only costs $29.
Cardano will rationalize the transaction fees.
Disclaimer: I hold BTC, ETH and Cardano ADA, among others. My primary holding is Cardano.
 
Bitcoin pulled up from the recent low. At $39,000, it's testing the all time high again. It's a weird time to be in crypto, though. Dogecoin is flying. This project is essentially dead. Ethereum is flying, as you can plainly see by the high transaction costs which peaked at $25. Can you imagine? I want to send $10 in ETH somewhere. That will be $35, total. Today I send it and it only costs $29.
Cardano will rationalize the transaction fees.
Disclaimer: I hold BTC, ETH and Cardano ADA, among others. My primary holding is Cardano.

What project?
 
Who knows what it’s gonna do next but if it goes up; great. If it goes down, I’m buying.
 
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