Investing is a matter of patience, and patience is a tree that takes a lot of pruning but the fruit is sweet. If someone makes a long-term investment, then he has to go through a lot of bad situations.
Not necessarily a bad situation, but investing for a long-term, especially into bitcoin for example might come with its challenges on accurate cashflow management to build backup funds, consistency in your accumulation periods and even disciplining yourself not to leverage on your investment when you're having a possibly hard time. Truth be told you can not immediately reach the maturity of being committed to your accumulation, it might take several months, or even a year or more for you to master the art of dedication and consistency in your accumulation journey and I would prefer the term
Challenging and not
Bad Situation And to invest for a long time, they have to be so perfect in the field of investment, no matter how big the danger may be in the future, they will not back down from the investment. The basic principle of investment is that you should never tell anyone about your investment. And try to invest from a position where your investment will last for a long time. And if you want to earn
then you must invest in Bitcoin
You don't have to be perfect in the field of investment to invest into bitcoin or continue investing into it for a long term, In fact you just need little knowledge to start and can continue learning about patterns of engagement and best practices as you advance into your accumulation journey. The more you engage, the more clearer it becomes and the more experienced you get. Being practical is the best way to learn. Everybody makes mistakes in their investments, both a newbie and an experienced investor, but you would not let mistakes limit you, rather you be sure to learn from it and adjust your patterns to make-up for the mistakes and continue your accumulation journey with your accumulation target as your main focus. If you wait to be very experienced in bitcoin before starting your accumulation journey, you might even end up not investing because you can never be experienced by just learning series of theories without practical involvements, also before you know it, you've wasted a lot of time you should've utilized to accumulate a good quantity of bitcoin at a better price.