If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.
Okay I have learned something today, atleast you have given a timeline for short and long term Bitcoin investment. Most people who target to buy during the Bitcoin halving are short-term traders, and that's a very wrong investment approach. I know people who are currently disappointed with the price of Bitcoin because they thought it would have reached $150k. But long term investors are not perturbed because they are still on profit or are not selling.
I so much believe that learning always took place in everyday of our life, because knowledge is really power indeed, so talking about short-term investment, those investors that always make use of short term investment i see those investors as a gambling, because they are betting not investing, they are just for quick money making not to wait till dip finally happen, so buying in the dip and hold in a long term investment is the best.
Yes I think long term investment is the best, but many people try to choose this best but due to lack of experience and strategic knowledge many investors get left out. You can see that long term investment requires a strong wallet and experience, you need to have the ability to take risks, and you can participate in Bitcoin investment through deep buying and DCA method.
But if you are in a financial crisis, then it is most important for you to do DCA method, in this you can benefit while saving money and doing Bitcoin DCA method weekly.
I cannot agree with your words. Because investing does not require much experience and strategic knowledge. You can invest only if you have basic knowledge about Bitcoin and investment. And you can gain experience in investing. Before starting investing, you need to find a source of stable income. If you do not have a stable income source, then you can get out of investing after a few days.
In addition to investing, you need to create an emergency fund and a reserve fund. This is so that you do not have to sell your BTC during an unexpected financial disaster. Put 3 times your stable income in the emergency fund and reserve fund.
Newbies can start investing in Bitcoin once they know how to buy Bitcoin. From there, they can further their learning with whatever they want to learn about Bitcoin. To start investing in Bitcoin doesn't require much knowledge. Bitcoin is really very simple to start once someone has made up their mind that they want to invest in it.Looking for more knowledge before investing in Bitcoin is just a waste of time, and that can even make some lose the opportunity to invest in time.
Newbies don’t need to first focus on emergency funds but should focus mainly on buying Bitcoin first. It is not necessary that someone must have emergency funds before they can start their Bitcoin investment. Emergency funds can be started a few weeks after beginning Bitcoin investment. So, in a few weeks, one can start building emergency funds, which will serve as a backup for unexpected situations while holding Bitcoin.the best advice for newbies is to start buying as money comes into their hands, rather than waiting to build emergency funds first before investing in Bitcoin.