I think the risk level is 0% in the long term Bitcoin accumulation trend unless something unusual happens in the world. Patience is one of the great qualities that every person should have, not just in investing but in everything. You can only hold patient when you have enough floating cash to protect the invested capital in case of emergency because the combination of both cash flow and patience can build up a large bitcoin holding.
No, this statement is wrong and I disagree with you. Acknowledging the fact that you are being optimistic on your investment but just so you know, there is no 0% risk in long-term investment. In as much as Bitcoin has shown long-term growth potential in the past, we should neglect the fact that it is a volatile asset a high-class subject to market fluctuations. On a basic level, investment is risky, there is no investment in the world in which 0% risk is involved. You can say the risk in the long term in Bitcoin investment is lesser and there are higher chances of success and higher gains compared to short-term trading.
While your statement was misleading I want to put it this way to beginners and other investors, especially new investors several factors can influence the Bitcoin price, and those who are holding for the long term are not exempted. Long-term investment can help reduce risk, it's important to approach our investment with a more realistic mindset.
Experienced people will never buy Bitcoin when the price is rising, they tend to wait for the price to drop and then buy and store it for a certain time to take big profits later. Therefore, in investing in Bitcoin, never FUD and FOMO and must be able to manage emotions so as not to get caught in big losses.
I agree with you, that in the end it all depends on ourselves whether we can use the situation to be able to get profit for a certain time or a long time by buying bitcoin when we think the price is worth buying and holding, so that when it increases, it will be sold to make a profit.
Investing in bitcoin does require patience because sometimes the time does not come immediately to buy or sell it. If you are smart at getting around it, you will a profit in time. If you continue with the existing emotions, losses will occur.
Haha! Any investor who thinks he can be smart enough to manipulate his way around Bitcoin will be disappointed in the end. Most successful investors aren't all that smart. They are people who are willing to learn, ask good questions, and contribute good replies. If they see that the new information they heard is solid, they update their mind. I've found that what determines success in Bitcoin investment is admitting to learning and growing alongside your investment. Investors who are willing to learn new things, and adapt after personal convictions, usually become successful in the end. Smart and hard work is not a guarantee for successful investment but they are important along the line.
Also, I would be honest here. Because there is no manipulative way to Bitcoin. If one does not adhere to the knowledge he ahs learned he will still lose in his investment.