Bitcoin investment can likely be compared to a farmer growing and keep nurturing its crops despite weather conditions such as sun, rain etc but waiting for the appropriate season to reap the rewards.
The ups and down of the bitcoin trend can likely be reffered as weather conditions but an investor should not be worried but stay focused on accumulating despite market fluctuations. Staying patient and consistent, the appropriate season will come when your investment in bitcoin will definitely yield profit. Investor should learn not to get caught up with short-term situations in the market but having the bigger picture of what bitcoin is capable and what it can offer.
In essence we have to go through various obstacles in bad weather, one day it will subside as well as the conditions of the bitcoin market which fluctuates sometimes negative news comes unexpectedly, at this moment the market goes down we prepare a container to buy again at every decline, that we have a long goal in bitcoin 10 years is ideal, I know it's a long time, but you will never regret it if you accumulate for a long time.
Yeah, However for me I don't see the fall of Bitcoin as an obstacle or a negative News this has been happening right from the beginning or the creation of Bitcoin, and I will say is part of it's growth and is a good opportunity for newbies to accumulate with less price.
Patience is the key to successed in Bitcoin, some people can't even hodl till 10 years put those that will hold for that long will surely be happy at the end, well for me I will hold for more than 10 years, because if I hodl for just 10 years I won't accumulate enough that is why I need to hodl more than that.
Some people only consider hodling for a number of years without considering if that is enough hodling, I think if one wants to accumulate enough he shouldn't not consider the number of years but consider if he has truly accumulated enough.
Bitcoin investment is a safe one and we should all take it serious, when one one has accumulated enough Bitcoin he or she must not start selling immediately, one could decide to make a history with Bitcoin, I heard of a man that inherited good number of Bitcoin from his late father who he thought had nothing, if you have accumulated enough and you are comfortable and doing fine I will advise you keep holding because as time goes on so will Bitcoin grow bigger and better.