Ruttoshi can you see a newbie user of Zozain explained the different between investment and trading? How can you categorized 4 years store of bitcoin in a wallet as trading. Who does that? Please don't go and argue this in your environment with someone who is very good with bitcoin investment and trading. And you need to leave forum and go and learn more about investment and trading before coming back to forum because you have been in this forum for about 3 years yet you don't know what is bitcoin investment. So if I keep my bitcoin of 0.09 in my wallet for 4 years and it hit 1.5 BTC and I am satisfied with it so I sold it and invest 80% again when the price goes down and you team it trading? Then you are still in the dream world of bitcoin investment.
JayJuanGee you don't have to make comment here. Let them defend themselves. Thanks.
I got much interested in the bolded part of your comment. And i want to clear the air on that. Many people belive that a 4 year investment is a short term investment and i can agree on that because it all depends on what you defined to be short term or a long term. Before investing, it's important to map out the longevity of our investment based on the market outlook, our accumulation goals, risk tolerance, and unforeseen events. This will determine how we can classify our investment to be either a short-term investment or a long-term investment.
On norms, it's literally believed that any plans within 1 - 3 years are short-term and 4 - and above is considered long-term. Considering that the Bitcoin cycle is every 4 years I can agree that a 4 years investment can be called a short-term investment. The reason is that you spend 1-3 years accumulating and then you choose to take your profit in the fourth year due to the belief that after the halving the price will skyrocket. Any investor who experienced 3 to 4 cycles in Bitcoin investment has had a long-term investment in my own perceptive.
I dont want to believe that you are one of those few folks who see 4 years of trading to be an investment.