I do not support focusing on profit in long-term investment. You should keep managing your investment based on your goal, this is the best goal. But if you keep calculating the amount of profit while focusing on profit, you may be tempted to sell the holding. Entering into an additional portfolio in long-term investment can become an obstacle to your long-term investment.
The main purpose to invest bitcoin is just to make profits, we don't invest in bitcoin all in the name of just to invest but we invest in it because it is profitable and it is good to invest in it. The profit that bitcoin has is just the goal that is why we will always focus on investment to yield good profit in the future. Focusing on the profit of bitcoin is not what will distract people from investing in Bitcoin, what normally distract people not to concentrate in their investment is lack of patience, greed, lack of understanding, these have always been the reason why people have always failed to hodl to their investment.
For those who understands bitcoin and understand how profitable it is, infact this will be a motivation to focus more investing just to make a better profit in the future.
Yes, the purpose of investment is to make a profit. This is the case for any investment, be it Bitcoin investment or other investments. There is nothing wrong with focusing on profit in investment, but planning the investment period based on profit may be a bit confusing. It may be based on the percentage of profit (%). But my question is if you are able to get your specified percentage (%) profit from the investment in the initial stage of investment, will you sell it immediately?
Although there is nothing wrong with focusing on Bitcoin's profit, determining the investment period based on a specific amount or percentage of profit can create some confusion. Because, Bitcoin may be able to give 2X or 3X profit even in the initial stage of Bitcoin investment, but if you decide to sell the investment at that moment, then you are trading with Bitcoin. Because, your investment does not have a stable goal, your goal is unstable. Holding Bitcoin for volatile purposes may not meet the definition of investment.