Quote from: Alpha Marine on Today at 08:37:54 AM

Quote from: Y3shot on February 01, 2025, 09:04:34 AM

Bitcoin is only risky when you have in mind just to invest to make quick profit, so far as you have the understanding that Bitcoin investment is a long-term investment you will definitely get profit in hodling.

This is the mistake newbies make with bitcoin. They've refused to have an understanding of bitcoin. They see bitcoin like every other altcoins or memecoins which are mostly not good as advertised.
With bitcoin, you have to be patient. You have to play the long game. It's a way to have a long time asset or investment.
In a short period, bitcoin might increase by just 2-10% and except you bought a huge amount of bitcoin, that's not a lot, but if you're patient enough for at least a circle,you might get exponential profit. With this you can easily take out your profit and leave the actual money you invested initially.
DCA is the best way for people who aren't that rich but a lot of people still don't rate it, they want quick profit.

People who think bitcoin is equivalent or the same as Altcoin are really very wrong. That's why many people trade and not invest in Bitcoin for this reason. Even though bitcoin is clearly a long-term asset and there is no need to doubt this. But what can you do, for some people this assumption will not enter their minds. Maybe they see Bitcoin as just a digital coin and has no real form. But people like that forget that their savings in the bank are just numbers and if the system errors, their money could be lost or reduced. For this reason, people who do not fully believe in Bitcoin may find it very difficult to understand that Bitcoin is a quality digital coin asset and is different from Altcoins. But as time goes by, people like that will definitely realize when they see other people succeeding by investing in bitcoin. And maybe when that time comes, people like that will definitely flock to invest in bitcoin in the long term.