Quote from: Litzki1990 on December 09, 2023, 05:51:52 PM

Quote from: Patrol69 on December 09, 2023, 01:55:45 PM

Quote from: MusaPk on December 09, 2023, 11:30:38 AM

Quote from: JoyMarsha on December 08, 2023, 10:03:19 PM

For someone who has a long-term investment plan in bitcoin, and doesn't have another side hustle that pays them daily or monthly will be the one to sell their bitcoin at a loss price because they need money to solve a problem. But for Someone who has a long-term investment plan in bitcoin and a side hustle that pays them, will not be forced to sell their bitcoin at a loss price, compared with the individual who doesn't have a job or side hustle.

It is appalling that some investors are no longer investing in bitcoin with the money they can't afford to lose. They are not investing money for their needs just because they heard of the bull run is coming and they forget to save up some for the rainy days when problems come

This is what Bitcoin investment is about i.e. long term. If someone is looking for short term gain then he must look into Bitcoin. See the history of Bitcoin and we can see that there is good increase in price every 4 to 5 years. Long term investment doesn't only mean to avoid selling while price is down, it also include not selling even if you are getting few bucks over your investment. For instance, there are people who are getting excited on this bull run. They must HODL and should not sell in this small bull run. If they do so they will miss out the bigger piece of the cake.

If you invest long term but avoid Bitcoin then I would say your investment is incomplete. Bitcoin must be preferred as an investment platform if you are thinking of long-term investment. Outside of Bitcoin I don't see any coin that can be invested in for a long time. Bitcoin has always been the best coin to invest in for as long as I have known about investing.

I have been investing in long term plans for a long time and my investment platform is Bitcoin. I held my investment as well as purchased bitcoins in several steps. I bought some bitcoins when the price of bitcoin was $22K, then I bought some bitcoins when the price of bitcoins came to $25K, then I bought some bitcoins at $28K, and then I bought some at $35K.

That is, even though the price of Bitcoin has changed in these few months, I have invested in Bitcoin regularly. The reason I invest in Bitcoin during these periods of Bitcoin price volatility is to hold my investment for the long term. The price of Bitcoin is now around $45K and I have not stopped my investment at all at this point but I will be buying several more Bitcoins in a few days.
Many may dissuade me not to invest at this time but I will invest at this time because I have faith in the market and my investment is in long term plan.

Those who are new investors should follow your investment method. You have followed the best investment strategy here and I appreciate your investment strategy. Many new investors think that they need to gather a good amount of money first and then invest with the whole amount, but you have proven by investing in a different strategy that investing in Bitcoin does not require a lot of money.

I follow your path when it comes to catching up on my investments because I don't end my investments once I invest but rather I keep my investment streak going.
When it comes to investing, sometimes we need to make decisions from different strategies and different schools of thought. It's not bad at all if you can succeed by doing something different instead of doing the same thing that everyone else is doing. You started investing when the price of Bitcoin was between $20,000 and $25,000 to catch up and you continued your investment until the current state of the market.

Since you are planning to hold your investment for long term, I need not say anything new about holding investment for long term. You can share the investment strategy you are using with other new investors who come to you to learn about investing. I think buying bitcoin step by step and increasing your investment amount is not only followed by new investors but old investors may follow this strategy.

Every investor is new at the beginning. But slowly learning to invest in Bitcoin will surely gain experience and later on he will become a skilled and ideal investor. So every investor must be patient because the only great way to invest is to take risks. The more you take risks, the more you learn.

Investment must be kept for a long time otherwise it will not be a long term investment. Because I invested myself and tried to hold for a long time and I was successful in holding Bitcoin for the last 13 months. And in the future I will hold more as I see my wallet assets improve. So everyone try to hold investment in Bitcoin. A person must have a long term investment in Bitcoin to be successful in life.