Quote from: Promocodeudo on Today at 07:00:54 AM

Quote from: cryptoWODL on December 26, 2024, 05:22:36 PM

If you can't control your greed and emotions while investing then surely you will lose confidence in consistent investing. Because if you are greedy then you can sell Bitcoin when the price goes up a bit. Experienced investors never lose confidence in their investments, they always think positively about the Bitcoin market and they keep their investments for long term. So all experienced investors can achieve the most success from their investments.

Buddy this emotion of a thing is likely for traders and gamblers whose main aim of being part of Bitcoin inveytment is for quick profit, as for an investor that abide by the concept of Bitcoin being a long-term investment, i don't think such investor has anything to do with emotions, emotion is been attached when one consistently check the market price to enable him or her trade but the thing is all these are stressful, Bitcoin investment is not meant to be an emotional thing, it is an asset thats meant to benefit individauls in a long-term, so anyone going contrary against that is doing what we call trading and it is to his or her detriment.

Mate I don't think it's greed that makes people to sell prematurely during Bitcoin upsurge, I see it as what individuals want though it is not the right thing to do but we can't conclude that the reason for people to sell during Bitcoin pump is greed personally I don't concur to that.
There are people who came for quick profit in Bitcoin investment not that they don't know about Bitcoin being a futuristic investment, just that they are not ready to wait for the said long-term to come in other to achieve their expectations.

I truly agree with you on this. Trading is a lot stressful when they try time to the market. But some people enter Bitcoin knowing its a long-term thing and still choose to adapt the habit of trading. I am not against anyone who is trading or gambling but let it be on another asset. Bitcoin is not for trading because the full potential will not be reviewed to anyone who adapt the attitude of trading it. Excuses upon excuses mate. Honestly if any investor threats Bitcoin like a long term asset they will never feel the need to check preces every day or panic sell. Only unprepared investors can get derailed by short term needs and price movement.