Quote from: Ojima-ojo on October 14, 2023, 02:51:44 PM

Quote from: JayJuanGee on October 13, 2023, 07:02:00 PM

Anyone who uses money that they need for their expenses to "invest" in bitcoin is not investing.

Instead they are gambling.

When i first got in contact with Bitcoin some few years back, then i hard this money gifted to me by my grand pa and have been in the account for over 3 years since he died, and I decided to buy Bitcoin with that money at the first stage since i am not gona be needing the money for a long time, i even bought more bitcoins after then with my personal money and i dont intend to look back at my bitcoins stashed for God knows how long, but then if the bull run comes i may be forced to DCA some amount up to half of my entire holding may exchange int Dollar.

But if I had invested borrowed money or money that I have urgent needs for, I won't be able to hold it for this long and at that, I may be forced to sell even at a loss, which is nothing different from gambling, and also we have a lot of investors who have such mindset towards Bitcoin but they end up being disappointed since Bitcoin can't perform in any particular other than it own pattern of market movements.

Everyone has some great stories to do with Bitcoin. I have already read many posts related to this and reading these posts makes me feel more fortunate that I am a proud member of this forum and I am a bitcoin investor.

I had no idea about investing when I first came to know about Bitcoin. I tried to learn about investing in different ways and kept on exploring Bitcoin until one stage I developed a lot of love for Bitcoin and since then my interest in Bitcoin investment increased and every moment I thought when I will have Bitcoin investment. If a person has a specific target and if he works tirelessly then surely that person is able to fulfill his target.
Investing in Bitcoin was a goal of mine and I worked hard to fulfill that goal and started my Bitcoin recruiting journey with a small investment at first. Later I tried to learn more about investing and to gain practical experience I tried to invest in Bitcoin regularly and I held those investments for a long time.
I have held the first position bitcoin investment for a long time and at one point I sold my first investment and later I invested again in bitcoin which I have held till now and I will hold my investment for long term in the future. By investing and holding that investment, I have come to understand that the longer I invest in Bitcoin, the higher my chances of profit will increase.