Quote from: harapan on February 20, 2025, 05:19:56 PM

I know that holding Bitcoin for long term can actually results to a long term profits but in this current state now you can't tell me that buying and holding would give you financial prosperity, like it's not magic that will be perform here cause definitely it involves alot of patience and time to get such outcome. This is why some persons tend to invest in Bitcoin short term cause they already for such long wait, but nevertheless it sure can bring you financial prosperity but not in a jiffy.

Regarding financial prosperity by holding Bitcoin, it depends on where the target price you want to reach.
If you had bought below or at $20k a few months ago then you would have made a huge profit as you were able to survive the bad market until it hit an ATH of $100k++.

However, if it tends to make short-term investments on the grounds that financial prosperity will not be achieved in the near future, it will also not be a guarantee.
If you want to get instant profits, then do quick trading/scalping by taking advantage of every price fluctuation, because investing in Bitcoin cannot be instantaneous