Quote from: Riginac111 on Today at 12:38:59 PM

Quote from: Litzki1990 on Today at 06:49:23 AM

Quote from: Roseline492 on November 21, 2023, 04:20:41 PM

You seem not to understand were market analysis is being used, so however when you talk about investor to understand the market analysis, you are indirectly moving away from your major point of view because there is no relationship between investment on bitcoin on holding and being able to understand the market analysis before investing, so it seem a bit contracting from what you are saying.

But however weather professional or not investment on bitcoin doesn't require any analysis or perhaps you were referring to traders because they are the only ones that need market analysis but for for us we are focusing only on holding and not analysis.

Since an investor is investing in a long-term plan, he does not need to analyze much about the Bitcoin market before investing because he can see such changes in the market almost after investing. As trading is done in short term plan so before trading a trader should analyze the market but if investing in long term plan an investor does not need so much to analyze the market. Bitcoin market is now between $35000 to $37000, investing $35000 for a long term plan will not affect an investor's investment as much as $37000 will not affect an investor's investment much.

Although long-term investing does not require market analysis, an investor needs to have sufficient patience. We have to make our minds in such a way that we can easily take the general changes in the market. After investing in a long term plan, if the market goes from $37,000 to $30,000 even then we should not get excited because if we wait for a few days or so, we will see that the market has returned to normal levels.
Holding Bitcoin for the long term is one of the great virtues of an investor, meaning that investing in money can usually be done by anyone, but not everyone can hold on to that investment for the long term. If we can't hold our investment for long then we should look at those who have invested more than us and who are investing more than us and holding for longer. Because if we follow them, we may be encouraged to hold our investment for a long time.

It may be challenging for a new investor to hold his investment for a long time but if he can accept the challenge and hold for a long time then he will not have any problem in holding his investment later on.

Do you know that benefits of investment is when you invest when bitcoin price is low and you will be expecting to make profit when it goes higher, that is why most people do invest whenever the price of the market is dip, you can't expect an investor to invest when the market is all over showing green or the market is fluctuating, their is some certain things we are suppose to know or understand for this investment.

Neither you are investing long-term or short-term investing at most you have to make sure you have know the strategies of investment before you invest, currently the price of bitcoin is between thirty seven thousand and thirty six thousand [37-36k] so if you are investing with this price ratio or range I don't think that you need to bother yourself much since is a long-term investment.

But for the fact is long-term investment I don't think you have much problem but the process is a short term, I will tell you to watch well before you invest because what gives profit for bitcoin investment is when you buy when it's dip and sell when it's High, so short term investment can not give you anything good.

I am pretty sure that it is not only by buying at the dip before one can make a profit, waiting for the dip might make you not to think about investing at all, because if the price of Bitcoin continues to increase, one might think that it is too late (even nowadays, many people are thinking that it is too late for them to invest as Bitcoin is already at $36k±). You would not even know the right time for the dip.

You might be right, but I don't accept it that way. Imagine if you have the money to buy Bitcoin, but you are still waiting for the price to dip, and letter it didn't dip, then after using the money you have for something else, then the price dipped.

With my little time in the Bitcoin world, it is good not to wait for the dip, but as long as you have the money to buy Bitcoin, just click on the buy button and don't wait, the money in your hand can be tempting to use for something else most times.

The long term hodl is good for profits because on that process of holding you will have to accumulate enough btc, one of the things that can make a long-term investor achieve what he or she wants only if they don't put selling in their mind. With that, they can hold for long and still accumulate Bitcoin. If one is able to reduce his or her expenses and constantly buy $50 or $100 worth of BTC every weekend for 3 years, that means the process of achieving a whole BTC during the halving season might be somehow sure.