Quote from: Stormisover on Today at 05:24:59 AM

Quote from: Tamaperdana on Today at 04:27:37 AM

Quote from: Proty on Today at 02:16:42 AM

The fact that we are holding bitcoin for a longer term is not a guarantee that our investment in bitcoin is going to be successful and no matter how much plan we may seem to have done as regards holding bitcoin for a longer term, something can always crop along the line to drail our plan however bitcoin investment is best appreciated when viewed in terms of long term.so that's the reason why it is always advisable to hold bitcoin for a longer term

Maybe what you mean is that it doesn't guarantee success, in my opinion it's not because of the long-term investment, but because of the obstacles we might face when making that investment.Because I really believe that if we are able to hold bitcoin for a long period of time, I am sure we will definitely get very big profits. But it is true that when we invest in Bitcoin, there will definitely be obstacles. But for bitcoin investors who have learned about minimizing risk when investing in bitcoin, I am sure that such investors will most likely not face serious obstacles. Because if a bitcoin investor invests with cold money, then that person has an emergency fund and a stable income every month. I think investors with such circumstances will most likely have a great level of success in their bitcoin investments.

Looking at how encouraging it is to be consistent in buying Bitcoin means that the value of our asset will only be equivalent to the size we have bought and the duration we held in other words holding for long does not guarantee being in big profits but the size of your holding and how long enough the person have been able to hold which I see determines how big or small your rewards will be over the long term.

If what you are referring to as cold money can also be be called discretionary income then yes that is where our investment money should come from.

Perhaps you should explain a little on what you mean by big profit. Anyone who is actually investing for a long period of time will be in a good position to make profit and no matter the rate and money they are using to accumulate Bitcoin, and as an investor profit shouldn't be your problem most especially if you are just starting rather your problem should be how to accumulate a good fraction of Bitcoin in your wallet. However, it is only someone who calls himself an investor and refuses to accumulate consistently won't be privilege to have a big profit and lastly everyone has there standard and level that is to say that what Mr A will call big, Mr B may not call it big vice versa.