Quote from: Bloodseekers on October 21, 2024, 05:34:50 PM

Quote from: Rabata on October 21, 2024, 07:36:08 AM

Quote from: sotelorene on October 21, 2024, 06:57:07 AM

You are absolutely right, any investor who wants a huge return must or should accumulate Bitcoin and hold for a long period of time unless they don't want a huge return and then, they can go ahead with the short term investment and whether short or long term there is going to be a return but there will be difference in the return. However, investing aggressively in Bitcoin can be disastrous at times that is if an investor doesn't have a good discretionary income but when an investor have a good discretionary income investing aggressively will be a nice move as that will help them increase their portfolio faster.

It is not reasonable to expect a quick return on investment from any business. But comparatively an investor if investing in Bitcoin can get higher returns than other investments but he must plan to hold Bitcoin for long term. Bitcoin does not guarantee a quick return on investment but those who believe in it and hold the investment can get big long-term returns. One thing that investors must consider when investing in Bitcoin one should not consider it is a get rich-quick scheme. There is no guarantee of multiply profit on investment. Those who make the mistake of investing in bitcoins to get rich quick will face losses. But those who know and understand Bitcoin at a slow pace and invest regularly will be able to get the return.

In any case, of course, there will be no quick profits from every investment that we make and it takes patience and also the right strategy to be able to generate profits from the investments we make, planning to maintain Bitcoin assets in the long term certainly requires a source of income that can meet our daily needs and it is impossible to maintain these assets without income that can meet our needs.

If someone thinks that investing in Bitcoin will make them rich quickly, of course that is their mistake in understanding the investment and it would be better if someone could invest slowly and do it consistently in collecting the assets, of course they will be able to make a profit from the investment they are running.

Yes we have to plan long term in every field, we can't earn anything with fast and easy way, for that we must have proper planning, patience and dependability. Proper strategy and long-term planning are crucial, especially when it comes to Bitcoin. If an investor considers Bitcoin as a get-rich-quick scheme, he will be at a loss later on, as Bitcoin always provides long-term returns. We first need to build a strong income base which will pay us money regularly and then a investor continue to invest through the DCA method and gradually build Bitcoin Stash. And of course Bitcoin will continue to "Hodley" for the next two to three cycles, then that investor can make a profit from it.