Quote from: letteredhub on March 07, 2025, 10:06:47 PM

To invest in bitcoin and to come the hodl am for like 1 or two circles inno easy oh but if the investor fit dey patient hodl am that long him must make substantial profit from the investment. And whetin for fir help person to hold without pressuring to sell nah when be say the person get another source of income way dey reliable and where you match your leg on till the target duration you set reach. Because na lack of that source of income nah the make plenty people get easily affected by FUD to rush go sell even in loss.

On a norms before someone goes into Bitcoin investment or any other investment, they should already have a job cause it would help them maintain discipline and remain patient so as not to take profits when their investment is not due for that, Bitcoin investment is for the future therefore someone investing on it, needs to do that for a very long time before they could take some portions as profit, someone without job cannot keep up investing for long and could be tempted to sell within a short period due to emergency or whatever circumstances.

That is why having a good source of income before going into an investment is very important cause the investor would not fully depend on their investment for survival since they still got funds to handle emergency and other situations. Anyways, according to the concept of Bitcoin investment, the best time to take profits is when an investor has invested and held for more than a full circle which is 4 to 10 year and has gather enough Bitcoin according to their goal or target, then they can decide to sell some portions for meaningful purposes.