Quote from: Glen Hoddle on November 03, 2024, 11:56:02 PM

Quote from: Ambatman on November 03, 2024, 10:03:45 PM

Losses are inevitable but net loss is as a result of poor risk management, skill and knowledge.
Investing in Bitcoin could cause losses
The possibilities isn't neglected but it has never caused losses so far to holders.
Personally I believe a dip doesn't necessarily mean loss
It occurs when you sold
Then one can say they made a loss since they sold lower than. Buying price.
As long as am holding especially Bitcoin, I haven't lost yet.
Personal mindset am building.

To go now we have to focus on buying at the moment, but mostly risk taking on both. At present it is the buying season so we will focus more on buying, and later we have to be patient to sell it again at the highest price, it may be a long time but we should be patient. Holding is the most important thing to invest in, and now we have to be patient for the long haul as we have to cross this season's highest buy service so that we can sell at the highest price in the next bull market.

I agree with you that holding is the most important thing in Bitcoin investment however not short term holding or trading but long term holding if we master the act of long term holding we will become successful investors, the reason why I decided to make it clear is because of newbies if one just say holding some set of newbie may think about short term holding or trading and which is very risky.
The only way to reduce the risk of losing in Bitcoin investment as an investor is by engaging in long term Bitcoin investment, holding your Bitcoin for long will help you relax and stop panicking, those who are into Long term holding Bitcoin volatility won't be something they should be afraid of because the longer you hold Bitcoin the more successful you may become.