Quote from: Proty on Today at 02:27:29 PM

Quote from: Derekfunds on Today at 01:51:12 PM

Investing for profit is not wrong or is not a bad, I know for sure that everyone is investing for profit in the future even if some will say they are not investing for profit. The only wrong thing here is investing for a short period of time and waiting for profit is a very wrong and bad move because the market is full of surprises, the market can decide to go down (Dip) stay there for a long period of time and if one invested for a short period hoping to make profit and mistakenly used his or her expenses money for..., he or she will definitely sell his or her Bitcoin and that is loss already so these are the reasons why it is not good to invest with what you can not afford to let go and also not invest for short period of time because the above mentioned are the possible things that can happen.

It is quite wrong to invest in bitcoin with the mindset of making quick profit more specially for newbies that doesn't know much about trading technicalities and the high risk of losing one's more when things doesn't go as speculated because market is always full of surprises,so know matter how inclined one is as regard trading the chances of losing one's money is high that is why those investors that are into trading are always seen as gamblers.Instead of gambling with bitcoin it is good to invest and hold for a long time since bitcoin is best appreciated when view from long term perspective.

I agree with you that short-term Bitcoin trading is wrong and misleading for new traders. You need to know about the potential of Bitcoin initially, so you should have effective access to deposit and market analysis and reviews. This should require investment fear, otherwise more wrong decisions will come from it. To understand the trading risks, you can initially buy and review small amounts for testing. This area can give you the necessary experience for market analysis and you can get used to risk-free and long-term Bitcoin investment. Trading should not actually be comparable to gambling. It can show risky performance for talented and experienced people, but not for sure.

Long-term investment is a very cost-effective method of accumulating Bitcoin regardless of the risk, especially for new investors, they can keep their future smoothly aligned by piling Bitcoin.