Have always thought of this idea and why will anyone want to withdraw their money from bitcoin investment cause it sounds strange and at the same time it's likely that the money used for their investment was met for something else, with this kind of strategy and mindset how will the investment stand for long. People usually make this mistake when investing. I believe they see bitcoin investment as gambling where you stake your money and it's either you win or lose cause why will anyone want to invest in bitcoin for short term when they fully know bitcoin investment is for long term.
Many people dive into Bitcoin investment without really grasping how it works. Some end up selling their Bitcoin without holding onto it for long because they lack a proper understanding of Bitcoin investment. These individuals don't often have a plan to hold their Bitcoin for an extended period, thinking it's a quick way to make money.
Some investors invest without having a good understanding of the market or investing. But if that investor can hold his investment for long term without understanding about investment then that investment will definitely give him profit. Investment retention is one of the biggest challenges and if a new investor can take this challenge well without knowing or understanding anything then he is definitely a successful investor. I think in holding the investment for a long time the investor can try to learn more about the investment during the time he gets and he can definitely learn something new. An investor invests but does not plan for how long he will hold his investment, but if he plans to do so later, he can sell his investment at the end of the specified period. Bitcoin Investing and Long Term Investing As far as I know there is not much to know about investing and holding, if an investor invests and holds for a long time then that is enough for him. But yes investing for long term means to hold it for a long period of time you cannot suddenly sell the investment without understanding anything unless, if you sell your investment in a short period of time then it is not a long term investment at all.
When you lack understanding about Bitcoin investment, they wouldn't make good plans for their Bitcoin investment. This is why many newbies invest any amount they have with them, even if it's money they might need in the near future they don't always care. They like taking risks, and when they need the money, they go ahead and sell bitcoin and withdraw their money even at a loss when the price is down.
Yes, if an investor does not have enough knowledge about investments, he can take various wrong decisions in his investment. Before investing, an investor should invest with the idea that if he invests with the idea that he will not have any doubts about holding his investment for a long time or that he will not sell his investment unnecessarily. An investor should be patient and take that much risk before investing that he can hold his investment with confidence and he will at least not sell his investment due to market volatility. Investments are easy to hold for long periods of time for those who are less volatile and have more patience. The investor must accept that he has invested for profit but as his investment may have profit there may be loss. In this regard I remembered one of Newton's laws that everything has an equal and opposite reaction. That is, if there is a profit in investment, there must be a possibility of loss, and one who can accept this eternal truth must hold his investment for a long time.
However, those who understand Bitcoin investment are more likely to have emergency savings, ensuring they don't need to sell their Bitcoin investments hastily. Having a good knowledge of Bitcoin helps in making informed decisions and holding onto investments for a longer period without succumbing to the temptation of quick gains or immediate financial needs.
Those who understand about investment and who have long term investment idea are definitely aware of investment. Investors now think about their investments simply. Now an investor does not take extra pressure to invest rather he finds it the easiest and safest method to invest with the remaining amount of money. Just like when saving money in a bank, money can be deposited in the bank as desired, in the case of Bitcoin investment, there is an opportunity to invest in this way in the DCA method. So a person who is aware of investing in Bitcoin will definitely invest in Bitcoin besides saving at least and I believe he will give more priority to investing in Bitcoin for long term plan than saving.