Post
Topic
Board Bitcoin Discussion
Re: think before investing
by
Altryist
on 10/08/2023, 09:32:14 UTC
The challenges most newly adopters of bitcoin are facing is as a result of lack of research on bitcoin use cases, for they can't clearly differentiate between investing and trading on bitcoin. Investing In a hurry without a plan target wether for a short term or long.

The price  position at which you entered your investment also determines yours duration plan for your investment to start yielding profit. Nobody really loses on bitcoin so long as they have patience with their investment, and this patience is borne by your knowledge of what you're doing.
Even long-term investors try to sell their bitcoins at some point in order to buy even more bitcoins in the subsequent bear market. But there is a big difference in how and when to do it, if it is done without proper knowledge, then it will lead to losses. You can just buy and wait, without any attempts to sell and buy more, in this case there will also be a profit, and for someone this choice will be the best solution if in trading he is not very good.