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.