Quote from: SuperBitMan on Today at 12:15:25 PM

Quote from: Stablexcoin on Today at 03:46:18 AM

You've nailed it on the head with your detailed explanation Jay thank you. It is so true that the best knowledge to have as a beginner is the knowing of the true value of Bitcoin. The true value is revealed the longer we hold on to it. If an investor is having double minded toward Bitcoin then he should just keep buying and do whatever he likes. Only a few can comprehend what Bitcoin is worth. There is a saying, 'Many are called but few are chosen'

People mistake buy and hold to just buying Bitcoin and holding it for months, a few years or so. The real definition of investing in Bitcoin is buying Bitcoin and holding it for more than a decade. Anything between 4 to 10 years is gambling. Because the more knowledge we get while investing, the more confident we can be in our long-term decisions. When we approach Bitcoin in that way we mean to say that Bitcoin is with more which means it's currently priced less than its true value and so it will be worth more if we hold it longer than a decade and more.

We need to be very clear when talking about Bitcoin newbie by telling them that the only way you can make good profit from Bitcoin is by holding for 5 to 10 years or more and if he or she is still young he should endeavor to hold from 10 years and above this is what we should put in there front so they will bear in mind the kind of task that await them if they choose to invest in Bitcoin.
Some people will sugar talk Bitcoin investment to the point newbies will be Bitcoin can even be used as a source of income were one can be making money weekly or monthly even trading Bitcoin won't give you gain weekly or monthly so no need sugar talking Bitcoin investment to newbies.
When we stop sugar talking Bitcoin investment to newbies it will help them know the true value of Bitcoin one can tell them to imagine how much profit those that has been accumulating Bitcoin for 10 years now have gotten with this you have given them the best knowledge which is knowing the true value of Bitcoin.

The choice of the range of years suggested by @JayJuanGee was a guide to enable anyone, including newbies and experienced investor develop the right mindset and approach to bitcoin investment. The range of 4-10 years was reasonably chosen based on the history of the market cycle of bitcoin that have seen new ATH every 4 years interval and for the fact that bitcoin have continue to generate more profits as the number of years of investment increases. There could be other ways of profiting from bitcoin including short term investment but because of the dangers associated with thinking short term including the chances of selling at a loss, it is highly recommended to opt for long term investment.

In addition to the profitability of long-term investment is the peace of mind that long term investment brings. As opposed to short term investment, long term investors are not easily disturbed by sharp rises or drops in price neither are they always on the chart monitoring the price of the market because they simply buy, store it safely and then give it enough time to grow. Long term is actually the best way to invest in bitcoin because the advantages are just numerous.