The beginning of every subject is difficult, if one does not have full experience of investment before investing, but one has to know about investment from the beginning and invest accordingly. Before investing in Bitcoin, many people fear that if they invest in Bitcoin, they can lose a lot of money and because of this fear, many investors do not invest. But those who are willing to take risks and are willing to invest even if money is lost, do so. But there is a big difference between investing and holding an investment for a long time.
Why are you losing confidence in yourself, Bitcoin investment is the only reliable one, look at 2010, those who have invested have created huge wealth mountains so far. So why are you not able to strengthen your confidence in Bitcoin investment, then new Bitcoin investors will panic. If you invest in Bitcoin at any time, your investment will be successful but you have to hold it for a long time, never think about getting benefits until your long-term investment plan is over.
Basically many inexperienced investors lose confidence in themselves by constantly watching charts. By constantly monitoring the charts, they constantly observe the rise and fall in the price of Bitcoin. As a result, they doubt that the price of Bitcoin could fall further. But those who have properly reviewed the history of Bitcoin's price rise will not lose confidence in themselves or even be motivated to sell the investment. Investors should keep in mind that investing in Bitcoin is the safest and it will eventually grow to a much larger amount.
The market movement will not always follow the rules of the chart but if an investor has a good understanding of the charts then it will be a much easier matter for that person to invest later and hold the investment. There are many investors in this trade who share their investment success stories and many stories are that they started investing with wrong ideas but when they got into investing their ideas about investing changed completely. There are some investors who think they can make a profit by buying Bitcoin with money and selling it after a few days, but when they put it into practice, it turns out that investing is not as easy as they thought. Before investing, the investor must know about the investment, have a good understanding of the market and always be ready to take risks. And it's hard for an investor to pull it all together, but those who can succeed.
you are actually correct, the charts are often used to analyze market trends, but they are not foolproof, and market movements can be unpredictable. Many investors start with misconceptions or simplistic ideas about investing. For example, some might think they can make quick profits by buying Bitcoin and selling it after a few days just like you said but However, as they gain more experience, their perspective on investing often changes. They realize that successful investing requires more knowledge and strategy (patient, discipline etc) than initially expected. most people do not know that Investing is not as simple as it may seem, especially in volatile market like Bitcoin, While some may initially think they can make quick gains because of what they heard or see not knowing that it requires careful planning, risk management, and long-term thinking. Before making any investment, especially in something as volatile as Bitcoin, it's crucial for investors to understand the asset and market dynamics. Furthermore, they need to be prepared to take on risk because all investments come with the potential for loss. The key to success is balancing risk while having a clear strategy and good knowledge. It's hard for an investor to integrate all of these elements and become successful but those who can master the principles of risk, understanding the market, i do not mean technical and fundamental understanding or analysis that traders..., in my opinion investors who strategize carefully are more likely to succeed in the long term.