Quote from: Tmoonz on Today at 08:23:36 AM

Quote from: Cryptoprincess101 on Today at 06:59:56 AM

Quote from: Promocodeudo on January 29, 2024, 10:02:12 PM

People with misunderstanding, these are different things altogether, the difference is like indulging in an activity that does not guarantee a 100% assurance of making money through it, though I see people that trade as though they are into it to make fast money, to me there is no short cut in bitcoin investment profit, most times when you think that you want to outsmart the market, you will end up being outshined by what ever tricks you use, bitcoin investment is meant for people with the spirit of perseverance and patience that's why hodling was introduced, why bitcoin has not collapse is because of the holding system, the premature sellers were bridged with this process, the future and continues existence of bitcoin depends on the hodlers that's why hodling will never go into extinction, people with long term holding mindset always smile whenever the time is ripped.

You see, no investment is 100% guaranteed be it a trader or a hodler as all are very risky and due to some unforseen circumstances that may actually affect ones investments make some people to only be interested in trading rather than investing and you can't actually blame them at all. If not that Bitcoin has a higher level of volatility do you think it would have gotten this far? Inasmuch as investment in concerned, every investor is actually interested in a coin that it's future is certain that's why a lot of the investors are involved in Bitcoin. Moreover, you need to understand that despite the popularity of Bitcoin, it's still very much young looking at when it was invented till now so it's gonna take few more years before it's authenticity can be visible for all to see though it takes patience for an investor to make profitable and long lasting investments.

Let the truth be told most people are just interested in short term profits because they're always afraid of the fluctuations in the price of Bitcoin in the market hence they always panic whenever they buy at a dip and instead of the price rising it still dips further but they fail to understand that every dip gives and opportunity to accumulate more and hold for long term profits.

It is a certainty that every investment comes with it's shares of gain and loss (risk) but the one that has less risk is been prioritize in the thread which is long term investment, but deciding if Bitcoin has a place in your portfolio requires looking beyond today's headlines. What is been shared here is just an advice every investor has the freedom on choice of investment and be held solemnly responsible for actions. Let the truth be told short term investment or trading or what ever you may call has a higher risk than long term investment, one of it's attributes is that it destabilize the emotional stability of any investor be it experience or new investor.

I absolutely understand your point of view that short term investments leads to emotional instability due to the fact that all your thinking or focus would be on the activities of the market whereas a long-term investor just buy, hodl and watch his investments growing from time to time so your presumption are quite correct regardless of the fact that some short term investors doesn't seems to know the dangers that are associated with short term investments and if the market isn't working to how they planned it then emotions might be involved and this is the more reasons why long-term investments is advisable because you can actually allow the Bitcoin in your portfolio grow while you feel so relaxed and a situation whereby you buy and hodl using the DCA, you may not even be aware that you have accumulated a lot of Bitcoin in your portfolio.