And one thing you forgot is that investing in bitcoin also requires patience and willingness to hold onto the market fluctuations, as an investor you understand that bitcoin is of high risk investment and aslo be prepared for potential losses, been aware of these factors investors can make more informed decisions and develop strategies to manage risk.
That is because they only want to make money in the short term and do not realize that Bitcoin has a waiting time before they see their investment value increase. Investing in Bitcoin gives them a chance to make a big profit in the future so they need to open their mind that everything needs process. If they know this from their learning, they will not rush and choose to enjoy their journey in Bitcoin investment. They will not complain when their profit will be bigger because they realize they only need to accumulate Bitcoin before the price increases to the high price.
Bitcoin investment needs patience with our holdings, but that doesn't mean long term investors panic over the price of the bitcoin. When you are building your long-term investment with Bitcoin, you don't have to worry about the price before you add more because you have already set your accumulation target.
However, individuals who look at the market price before investing might be considered short-term investors since they wait for the market to fall before purchasing Bitcoin and sell anytime they make a profit and see the market is falling. Short-term investors cannot be compared to long-term investors because long-term investors set targets for the future and the benefit of their kids, and short-term investors invest to make profits that may be used to meet other needs.