Quote from: John Abraham on May 05, 2023, 08:29:52 AM

This applies when you take Bitcoin as a short Investment plan and want to quit the market after making a profit. I am not saying that I don't consider it an investment. But, I'd instead consider it savings where I care less about the market price. Because I believe Bitcoin will gain massive ROI in the long run. If Bitcoin gives me a good return in the future, I will be happy to take it. But I won't be sad If Bitcoin doesn't give me a good profit Because, as I said before, I'd instead consider it a savings wallet.

There are two plans that you can implement in investing in bitcoin, the short term as a way to get the closest profit both in small and large amounts, while the long term pattern can be considered as saving the value of the currency invested in bitcoin. As we know that bitcoin is very suitable for long-term investment and these two ways should be done together with an adjusted capital percentage, but if we don't understand how to read market conditions then long-term is a better choice because we don't need to monitor conditions market any time.

Therefore it depends on how one can take advantage of these two plans and most importantly how comfortable it is in investing, but if both can be controlled properly it will be much better, so that in the short term and long term both benefit. If you believe Bitcoin will get a large ROI in the long term then the choice is much better for you to do.

Quote from: John Abraham on May 05, 2023, 08:29:52 AM

This applies when you want to hold it for a long time. Bitcoin will continue to replace its ATH in the long run. No matter what your buying price is. You must be patient and hold tight until you see another ATH or a higher price than your buying price. I lost a lot in Bitcoin in the last couple of years, making mistakes that a newbie does. But I learned a lot since then.

It's better to have made a mistake than to try in the absence of knowledge and experience that will lead us to a better prepared stage to control risk. Almost many people have made mistakes when investing, and I and many others are no exception, so based on this experience we understand more about how to make the right investments. Buy and hold bitcoin because we will see the process, patience and discipline will bring us to the maturity stage in investing and bitcoin is very suitable for long-term investment as an asset that is able to maintain investment value.