Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Fara Chan
on 01/12/2024, 09:59:17 UTC
I also agree, many investors look at investing in Bitcoin as a way to make short term profits, which is the first mistake a new investor makes. Bitcoin should be considered as a long-term asset, because in the short-term Bitcoin rises a lot, but it grows slowly over time, and this is something a new investor must understand, because newbies invest in Bitcoin with the intention of getting rich quickly, so they Many times losses are to be faced. Therefore, anyone who wants to invest in an asset like Bitcoin, must have a long-term perspective of 9-10 years. And keep a good eye on the financial situation, and have a good source of income, so that there is no shortage of funds in an emergency.

And after Bitcoin is placed in a long-term investment with the time frame you said, investors themselves can actually seek other benefits through various assets in a way that they can do so that the Bitcoin they save for investment is completely safe without having to be disturbed in the near future. This means that all investors who already like Bitcoin and believe that Bitcoin is very suitable for long-term investment, of course they don't have to be tempted by a slight increase in price because the target itself is not for the short term.

Now I see that there are many investment companies that are still buying Bitcoin at the current price which can be a reference for novice investors to follow these steps. Because they can also find money and profit through other things so that the profit can be used to buy Bitcoin so that the amount of Bitcoin ownership can continue to increase over time.