Quote from: Ridwan Fauzi on April 05, 2018, 09:22:20 AM

Quote from: elimi on March 18, 2018, 01:12:33 AM

So many people lose because investing bitcoin for the short term, then invest bitcoin better for long term

I'm sure the people who lose when invested in short term they don't intend to invest in cryptocurrency. They just like profir and promissing have invested in cryptocurrency. They don't understand the risk, they don't understand the volatility price bitcoin and cryptocurrency. Just put money and wait a second look price go down they sell, that's it.

But I'm prefer to invest for short term, why? the reason is I take my brain calm down, I wouldn't make my brain see the price continue to decline. Yeah I think it will make me stress, so I will buy bitcoin when the price down and I will sell bitcoin if price up. Sometime we need lose for make learn and have strategy like this.

Bitcoin is a long term investment and you need to invest for long term process as you will need to buy Bitcoins when is low at market value so that is much achievable and easy to buy it. Then after that you will wait for the time when the demand of your holding coin increases with the increase in demand so that you can sell your coins then for making profit. On the other hand you can do trading with coins for short term in order to get little profit. Bitcoin is a good for long term investment and is long term trusted store of value.