Post
Topic
Board Speculation
Re: Road to 100k?
by
Roseline492
on 20/05/2024, 08:01:35 UTC
People say something about immediate growth for bitcoin will not totally have a good approach towards their investment since maybe they are expecting to much and if situation came in and the price they are waiting didn't happen then they got immediately got disappointed and cursed bitcoin for that happening.

Perhaps that's why holding is the best investment strategy because it gives you a rest of mind where as there would be no need to be focusing on what angle Bitcoin price will go within a certain period of time because the focus will be on the long term holding which gives the investor the confident that regardless of what the Bitcoin price will be at the moment will not change the Road map at which Bitcoin will achieve in the future, perhaps that's why it will be good if investors will focus on holding because that's the only way.

However I agree with you that too much expectations from people normally caused them to panick on there investment if the price is not actually moving the way they had expected because the reason why I'm saying this is because so many people come into Bitcoin with a high expectation that after investment within a certain period of time they will have a huge return without knowing that it doesn't work that way and besides Bitcoin investment is not an investment were someone will just start and expect to get rich immediately, so perhaps in as much as every investors goal on there Bitcoin investment is to make profits at the end but the best way to achieve it is by long term holding.