If an investor buys bitcoins with a long term plan and if he can hold his investment for that long period then he can definitely make the expected profit from his investment. After investing we should forget about our investment temporarily because the more we think about our investment the less time we can hold on to it. Most of the time the wrong thing we do is to observe the market multiple times every day after investing and due to this observation when there is normal pumping or dumping in the market we think that maybe the market is dumping and this time maybe we should sell the investment. Therefore, if we do not monitor the market after investing, then it will be seen that we will succeed in the challenge of holding our investment for a long time
If you look at the movement of bitcoin value from year to year then what you say is very true. But in the current price conditions it seems difficult for middle class traders to invest because fluctuations will continue to occur. So everyone must always look for the latest information and always monitor the market at all times and it is not recommended to be hasty.
We should not be trapped by the success of a few people who gain huge profits because not everyone is able to achieve such achievements. The price of bitcoin which continues to exceed sometimes makes us feel full of confidence, but if we don't have calculations it could have a bad impact on our finances. Tactical analysis and information about bitcoin should be basic capital before investing.
Your post is for people who are in bitcoin for short-term profit, and I think it isn't right to use such words on this thread before you mislead or stop some newbies from starting their bitcoin. Investing in bitcoin for the long term will prevent you from facing these challenges because you will not need to analyze the price of bitcoin before you can accumulate it, and you don't need to know if there is any news that will influence the price of bitcoin after you have bought bitcoin. If you see bitcoin as a long-term investment, invest what you can do without for the long term, and make available emergency funds, reserve funds, and floats, you will achieve success from your bitcoin investment because you have funds that will help solve your unforeseen problems, and you will not depend on your bitcoin investment to survive.