Quote from: sotelorene on Today at 08:53:39 AM

Quote from: Ever-young on January 13, 2025, 08:12:08 PM

Quote from: ManOfSteel2412 on January 12, 2025, 08:29:33 PM

Investing in Bitcoin can be a complex and challenging endeavor. It's essential to approach it with caution, thoroughly understanding the risks and potential rewards, before investing in bitcoin first you have to define your investment objectives and time range of the investment, your investment strategy is it long term or short term are you investing to sell or to hold all these are considerations needed to be considered before investing

Bitcoin investment complex I don't picture it that way. Assuming you said learning the technicalities of bitcoin is complex, it could have been understandable for me, but saying investing in it is complex, I disagree, at least from my own point of view.

You don't need any stress to calculate how much of your earnings you can invest in bitcoin, how long you want to hold it, and what strategy you want to use in buying it. Another area that could have made it complex, which it's not, is buying, because acquiring bitcoin nowadays has been made easier more than ever.

I think i understand what the op was trying to say and i think what he was trying to say is that investing in bitcoin and holding it for a very long period of time can be very challenging because of some unforeseen circumstances that may or will try to push an invest or would i say make them want to touch their holding thereby spoiling the whole idea, target and plan. However, being consistent is not also easy even though some investors will claim it to be and apart from being consistent too some investors encounter financial challenge sometimes as a result of source income depreciation and which off course can make an invest not to be steady with a particular amount so i think these are what the op was trying to say.

A true investor who has high hopes in his/her investments , who definitely knows what good can come from those investments wouldn't take the risk off cashing in on an investment that has yeilded little or sometimes no return.
Yes probably holding for a long time might seem tough but it clearly shows you lacked determination right from the very start. Because if you should know the kind of investment you are heading into , and then you fully understand that in this kind of investment you need to be a long term holder in other to achieve success in your investments. You should create takes that can seemingly be a form of distraction for you, or maybe something that could also literally see you earn a little so that your mind would be off your holdings.
Like I said. Also determination matters, if the OP was determined from onset then I see no reason why selling because of financial instabilities when the time is not yet ripe should even criss your thoughts.