Quote from: Roseline492 on Today at 09:57:46 AM

Quote from: livingfree on September 15, 2024, 11:51:22 PM

Quote from: Tauja on September 15, 2024, 11:27:06 PM

Practice investing in the early stages, strengthen the budget first for your living needs, set aside a few percent because investment is not for one week but one year, five years, ten years and can even last a lifetime. So little by little it will become a hill. Just buy routinely like most people have done.

Exactly.

Investments aren't mostly for short term although if you're in a jackpot and your investment pumped a lot in a short period, that's for you to decide.

But in the case of Bitcoin, this is better for long term holds.

Is there anything like jackpot on Bitcoin investment? Because I have not actually heard of it before, do you mind explaining it? Or is it when the Bitcoin price moves very higher as you are holding it that's why is considered to be jackpot? Well is the investors decision on what they intend for there investment because anybody who has made up there mind to invest on Bitcoin is not supposed to get too much attached with getting or wining a jackpot because there is a huge difference from a short term profit and long term profit because is obvious Long term will always supersede the short term.

Maybe its just a self expression towards the profit they gain and call it as jackpot since gaining is means a win for them. Usually this is common word used by gambler so I assume that he is a gambler that's why he use those word on his statement.

But in bitcoin thing its really hard to spot a jackpot gains if we mean x1000 gain since gradual increase of price is usually happening with those coin. These kind of scenario happened on some shitcoins which we see pump and dump schemes is so common happening here. And people should avoid it if they don't want to experience painful defeat and maybe more better for to just go with bitcoin since provably that they will never get disappointed with this coin if they aim for long term with this coin.