Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Futurexxx
on 24/03/2025, 19:02:39 UTC
Is not wrong when you have the capacity to make it happen for the profit to come quickly

Once someone starts thinking they can make a quick profit from Bitcoin investment, they will not be called an investor but rather a trader. This is because only traders always have the mindset of making it happen quickly, while investors don’t usually have that type of mindset but focus on how they will continue accumulating.to be honest, once someone wants to make quick money from Bitcoin, they are setting a trap for themselves and at end they will fall on the trap. This mindset often leads to losing funds easily.The best approach is to invest and be ready to hold your Bitcoin for the long term because a long term perspective looks promising, given that Bitcoin price is expected to go higher over time. Many people have lost money in Bitcoin simply because they tried to outsmart the market and make quick profits, but it didn’t work as they had planned.

There are many people who are impatient, and they do not get the money they want from their investments and they sell their investments. Then they go for short-term investments in the hope of getting rich quickly, and within a few days they lose their capital and face huge losses. You have to be patient when investing. When you exceed the time limit of your investment, you have benefited more than a short-term investor or trader.
I don't think that it all about patience, almost all long term investor are very patience to hold for a very long period of time, but patience alone is not enough when it comes to Bitcoin investment, the key thing about investment in Bitcoin is putting down measures in place that will help you to be able to hold for a very long time, without you tempering with your holdings when it's not the right thing to sell your asset, because if their is no source of income or an emergency funds that can stand as a shield against any unforseen circumstances that may arise in the future, you might sell when being faced with serious financial crisis, so on as much as patience is important, but it's can't be implemented perfectly well without having a source of income and an emergency funds that helps your investment out during emergency situations in the future.