Quote from: Princess Leah on Today at 12:59:54 PM

Quote from: Umulala-alala on Today at 11:50:28 AM

Quote from: Big_panda_01 on Today at 08:21:00 AM

Anyone who wants to venture into bitcoin should look at the long run, one should know it's an investment and investments are for the future, you shouldn't be bothered about the current price of bitcoin if u want to invest and targeting to make reasonable profit out of your investment because bitcoin definitely has a great potential for the future. We have seen how it has grown from nothing to the price it's now and it won't even stop rising so everyone should just target the future.
If you're a bitcoin trader that buys when the price drops and sell when it rises you should also be able to make long term plans too you can buy and sell, you should also buy to hold too because no one can predict the market.

Buying and selling of bitcoin is not the Better way to go about bitcoin investment because you might sell at lost, bitcoin investment is a long time you can start buying bitcoin using the dca strategy and hodl for 4-10 using your discretionary Income, as a new investor you shouldn't think of selling your bitcoin instead your main focus is how you should be able to buy stack more bitcoin.
Those who buy and sell bitcoin are traders and not investors and investor will reap from his long time investment because his bought good size of bitcoin to his portfolio while trader will run at big loss.

Using the word "might" is an understatement, someone who buys bitcoin then sell when it increase and buy back later Will definitely sell at lose, that's not how bitcoin investment work, and it relates with traders. I've figured out that people try to implement strategies used for trading on bitcoin investment but the sad truth that most of them don't know is that it doesn't work that way for one to maintain a healthy investment on bitcoin and profit more in the future you must hold for atleast 4-10 years.

Traders claim they're risk takers, well they should keep up with it since it's their problem anyways but instead of risking my money on something I might regret doing in the future I'll rather focus on bitcoin that only requires patience then invest what I can afford on a weekly or monthly basis depending on the income I generate, that's a more calculated risk that would be more beneficial in the future and even better than trading.

Well I was just trying to put it in a simple way, but a short term trader of bitcoin will surely trade at loss because it's certain that bitcoin has definitely cemented it's place it doesn't matter if it's falling now we all know that sooner it's going to go higher.
I can only advice everyone to invest and hold the future will definitely be beneficial. Thanks for observing too