Well Hello from the other side ~
Ever felt that rush when Bitcoin hits a new high? Or the sinking feeling when it takes a nosedive? Let's talk about the rollercoaster ride that is Bitcoin investing.Are we in it for the tech, the profits, or just the thrill? Whether you're a HODLer for life or a day-trading.Let's dissect the highs, the lows, and everything in between. After all, the Bitcoin market isn't just about charts and numbers.
What are your thoughts on this ~ Let's discuss
Every Bitcoin investor is investing for the primary aim of making profit, maybe the tech or the thrills as you mentioned may fall under the secondary aim of going into bitcoin investment. That been said, its important to note that, how successful you are as a Bitcoin investor is solely dependent on the investment technique employed by the investor, what do I mean by this?
Bitcoin isn't like every other Altcoins, Bitcoin is a more sophisticated token, that's why its called the father of all crypto, the framework and mechanism of Bitcoin advices investors to HODL for the long-term before you can truly reap the true benefit of Bitcoin, yeah there are a lot investors who do the short-term and they believe that they're reaping the true benefit of Bitcoin.
If you're a short-term investor in Bitcoin, you'll not only miss out on the true benefit of Bitcoin but you'll also expose yourself to unnecessary emotional discomfort that may lead you to making drastic decisions like selling your token during a dip or when it reaches a significant number. But using the long-term technique shields you from these situations.