There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.
This is true, it has already been proven that if you buy bitcoin because of FOMO you might end up losing money as the price of bitcoin might not continue to be rising the up ward the same way it was running as of the time the investor decided to invest in it.
Although their are some short time investors who are lucky enough to be making big gain from the bitcoin market base on how they have been able to manage the market, which is they have been buying when the price is low target then why price goes up high and realize a little profit they will sell and wait for the market to go down again it might take time but they wait buy back and sell again, which if they continues like that they might been able to acquire lot of profit compare to how much it could have been if they hold down their initial Bitcoin value as of when they invested on it.