Post
Topic
Board Bitcoin Discussion
Re: Opportunity to buy
by
Dimitri94
on 03/06/2023, 23:52:29 UTC
Gold is only suitable assets for the long term.The cryptocurrency are suitable one for long and short term investment.

If you think that cryptocurrencies, especially bitcoin, are suitable for short-term investment, then you are wrong, and with this mindset, you will soon have to accept losses with your investment.  No investment is short term, if any, then you are gambling, not investing. bitcoin or gold is no different, both will be profitable in the long run. if you are trading bitcoin and using leverage to make a profit in a short time, that is also gambling.
I agree with you. Just as the potential for profit is high in investing in Bitcoin, so is the fear of loss. When an investor takes a decision to invest in the short term, he can take fatal risks. However, long-term investment planning is very effective. Those who have been accumulating Bitcoins for a long time will benefit from Bitcoins after a certain period of time. An investor must focus on long term holdings.