Quote from: laijsica on June 22, 2024, 01:55:21 PM

Basically everyone invests for profit whether short or long term but the long term results of investing in Bitcoin are relatively good. You can expect 2x or 3x your profit with long term investment here long term means 4-10 years but you may need to hold longer. However, it may take less time to get your desired profit. I myself prefer to be in a long-term approach to just accumulating bitcoins which is a simultaneous holding.

It is true that choosing to survive in the long term in investing in Bitcoin is certainly very good, but to be able to survive in the long term of course we must first be prepared in terms of the capital we invest because it is very unlikely that we will be able to invest in the long term if we do not have be careless in terms of capital because it could be that when the investment is underway, we will need these funds and we don't have other funds so we have to take what we have invested, regardless of the circumstances and if the price is above when we buy it, of course it won't be a problem. However, if the price is below us, of course we will experience a loss on the investment we are carrying out and for some people who decide to invest in the short term, of course they must always be able to analyze market conditions well so they can know when is the right time to buy. and also sell them to be able to gain profits from the investments they make.