Quote from: Popkon6 on December 07, 2023, 07:41:01 AM

The main objective of investing in Bitcoin is to hold it for a long period of time so that good prospects can be achieved. Once you start investing in bitcoins, you should invest for a long time, never for a short period of time. You see (October to December) the price of Bitcoin has changed twice in just two months.
Never covet this benefit, the price of Bitcoin was limited to $25k in October, but the current price has reached $44k by the beginning of December. Double the price of Bitcoin in the span of two months, which will spell doom for you if you sell Bitcoin for the money. Because this opportunity to invest will be much less in the future, because the price of Bitcoin will only increase overnight. So long-term investors never look for profit.
So you invest for long term and achieve future success. Having bitcoin means you are the king of future money.

Those of us who choose Bitcoin for investment are one step ahead of success by investing early. A bitcoin investor is right when it comes to investing for the long term, while an investor in other coins is not right at all because he made a wrong decision early on. If we want to keep our investment safe or if we have a long-term plan with our investment, then we must invest in Bitcoin with a list of Bitcoin preferences.

An investor should initially think about which coin he is investing in. Before managing a large amount of money for investment, an investor must be confirmed that he is investing in the right coin. It is a wrong decision for an investor to invest in any platform or coin other than Bitcoin. By shortlisting Bitcoin for investment, an investor can invest in Bitcoin at any given time to get a rough idea of the investment.

You have shown the price chart for October and November here in the price chart, between October and November I think a lot of investors invested in Bitcoin and they sold their investment again after making a small profit. It happened only to some investors but the real investors were never affected by this price change and they held their investments till now.
If the October and November price charts had influenced me, I would have sold the investment instead of increasing my investment again, but I didn't. I already have enough Bitcoin investment but I have increased my investment again hoping for something better and I have enough faith in the investment that I hope that one time I will get a good amount of money return from this investment.

Quote from: Justbillywitt on December 07, 2023, 05:34:42 PM

Quote from: armanda90 on December 07, 2023, 02:58:53 PM

Much beneficial earned when investing in bitcoin for long term period holding, some investor or holder of bitcoin lack patience make bitcoin as long term investment way and earn more profitable when hold it on long period. Comparison with Bitcoin price on October $25,000 without two months Bitcoin almost raise up 50% latest highest price above $45,000. How much profitable earned when many holder or investor keep patience since invest Bitcoin under $15,000 and keep hold it until today.

Yes I agree with you that many Bitcoin investors lacks patience
When it comes to holding Bitcoin. But I think every investor has his or her greed level. There are people who bought Bitcoin when it dip to $15k earlier this year and set a target that they will sell at $25k while others set a target to sell at $35k. It now becomes difficult for them to keep their Bitcoin once they price enter that region. It's just just a normal thing for short term Holders.

Not every investor has the same patience or courage, you and I have enough patience and courage and have enough faith in the market so that market price changes cannot affect us. Although the temporary price changes of the market cannot sway us, there are some investors who cannot stick to their decisions. There can be various reasons behind an investor not sticking to his decision. Some may be very satisfied with a small amount of profit while some investors may not be able to accept a small amount of loss as they just want to continue to profit from their investment. In one word, you can call successful and true investors who can accept temporary or temporary loss and keep their investment focused on specific target.