Quote from: As-Soon-As on Today at 06:41:54 AM

Quote from: Futurexxx on January 24, 2025, 01:15:52 PM

Are you sure of what you are saying?
Am talking about the bold letters in your statement, what about those that were forced to sell at a loss due to the fact they have no emergency funds in place when a serious financial needs arises?
Or those people that sold their Bitcoin bit by bit at a loss due to bad financial planing?
It is mostly long term holder and mostly people that are in no pressure to sell that always benefits from Bitcoin investment, once you are forced to sell your holdings, their is a very high likelihood that you might sell in a loss because the value of Bitcoin might be down as at then, so try to be sure of what you are saying before talking.

You think that those who sell Bitcoin due to stress or financial crisis due to Bitcoin holdings are basically failing to know the strategy. Of course, a long-term strong Bitcoin holder must have an emergency fund, and the source of income must be good.
Because if that person invests in Bitcoin for the long term, he will not sell Bitcoin until he reaches the state according to his plan, but all those who have invested in Bitcoin must have the right plan, (an unbridled horse can never reach the destination) You have expressed such an attitude here.
A holder must be according to all plans and he must have a future plan and if he can reach it correctly according to the plan, he will definitely be successful, that is why the most importance is given to long-term investment where every investor can find his success.

A solid plan is crucial for anyone investing in bitcoin. Its not just about holding onto your investment, but having a comprehensive plan that includes an emergency funds and reliable income source. But one can start bitcoin investment immediately without having a burgos plan but as you progress the importance of setting asside emergency funds become clear. Doubling up your hustle for income is a smart move too. It really helps to alleviate the stress during financial crisis. Without these, the stress of financial crisis can force people to sell off their holdings . Long-term investment require a solid plan to avoid dipping into your investment, especially as volatile as bitcoin . Plan ahead to ensure that your investment journey remain smooth and successful.