Quote from: Russlenat on Today at 08:32:05 PM

Quote from: uneng on Today at 12:12:36 PM

Quote from: Ricardo11 on February 20, 2024, 10:48:58 AM

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.

It's not a precise rule. There are exceptions. We just advise people into investing for the long term, because we know this market is unpredictable on short run, therefore unexpected dumps and dips may happen anytime without further notice. So, investors have to be prepared to hold for long periods of time, if necessary. However, a lucky investor can start his BTC investment on the exact moment Bitcoin begins to skyrocket, therefore he won't have to wait for too long until selling his coins for profit. It's a hypothetical example of big profit on short term.

In the end a short term investor can make the same profit a long term investor is making. It all depends the moment they began investing in Bitcoin. For long term investors, the worst case is when they have made their Bitcoin purchases during previous ATHs, what means they have to hold for years until being able to profit from their investments.

Yes, there’s no rule that says invest in bitcoin for long term, so whether you like it short term or long term, the important thing is you are investing what you can afford to lose. However, majority do prefer invest in bitcoin for long term most especially that we can’t predict how its price moves in the market. So in order not to lose and sell at losses, just invest when prices are in dips. Although its price is always a good buy, but the challenge gets more high if you enter at a bullish market so you have to wait for years to be able to sell in profits.

Whether long term or short term then it would really be always your choice because no one would really be the one who would really be teaching you on what are the steps that you would take. If you are going for long term or short term. It would really be just that depending with your own decisions since its your money from the start. Dont tend to listen with others suggestions because nothing beats out that you do make your own decisions basing up with your own analysis rather than with others.