I heard about bitcoin from my uncle and he has been talking about bitcoin since February 2022 and have been hearing how bitcoin pays and support youths. If invest in long term. And he also warned me that bitcoin is not get quick rich scheme and there are different ways one can get bitcoin. And the ones he told me were:
How can it pays and supports youths if the plan is to hold for a long term? In this kind of plan, investors are suppose to spend money to buy Bitcoin and stash it for years. Stashing it for years will not produce profit so saying that it can pays and support youth when one is not selling it for a very long time.
1) buy bitcoin and store it in the wallet for the next bull market to come. And he told me to buy it in the bear market and invest it for a long term investment for like 3_5 years period, so I am planning to invest for the long term.
This is the reason why I stated the question above. Let us say you are in your 2nd year of bachelor degree, waiting for 3 - 5 years makes you a graduate student and holding Bitcoin won't give you profit unless you sell it which is planned after 3 to 5 years/
2) trading is the buying and selling of bitcoin in the market at all time or anytime which gives you profit if you can trade well. But trading is more risk than investment.
This can support the your statement if you happen you get regular profit from trading. It is indeed have more risk but this risk can be mitigated by learning TA and FA and applying them to the trade.
3) mining is the solving of mathematical problem through computing system when someone send bitcoin to a recipient, a miner must mine the coins in the blockchain before the recipient will receive the coin.
Conclusion:
In my curiousity to know more about bitcoin, he told me to register in bitcointalk so I will learn and know more from there. So if I make any mistake in any of my writing, please correct me. I am open to correction.
Rather than posting your thought, you could have do some search and read the lots of questions of newbies who got here before you. You can find out more if you read more and possibly your question can have more depth.