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.
Investing in Bitcoin is not basically about making a profit.There can be many reasons behind investing in Bitcoin.Its main reasons are discussed below.
For example: Bitcoin is popular for its volatility. Now people consider Bitcoin as digital gold because the amount of Bitcoin is very limited.People are attracted to invest in Bitcoin due to various difficulties faced by the country's inflation and central banking activities. One thing that is attractive to many is that Bitcoin is a decentralized currency, and is not controlled by a specific country's central bank.The short time, low cost, and ease of transactions have made many people interested in investing in Bitcoin.Bitcoin is considered the future of blockchain technology.People are investing here. People are now seeing Bitcoin as a new asset.Now people are employing Bitcoin as an alternative to stock market or gold and other investments.Bitcoin has a maximum supply of 21 Million and there are currently 19.81 Million in the market.
intelligent:
Bitcoin is a digital gold.
All this is known in the hands of people.
No center, no barrier,
But the game of risk has to be shouldered.
The price goes up and in the name,
Floats in the investor's dream.
No one knows what the future holds.
Be wise, otherwise you will have a misleading picture.