Akin to the saying that excess of everything is bad,
Too much of everything is indeed bad and we must be able to maintain a boundary or let let me put it this way that a limit to everything we are doing, if we don't want to risk losing our investment fund for nothing, we must be careful of the steps we take, the way we trade or invest, the time management as well as the risk factors all inclusive on whatever decision we are taking regarding bitcoin investment, it does not end up in making the first step, but taking the right path in doing so.
The Bitcoin market is very volatile. You can never tell whether the price of Bitcoin will increase or decrease in 10 minutes. There is a big difference between investing and trading. Investing is long-term, such as for your future, and trading is short-term. The risk in short-term investing is much higher than in long-term investing. In long-term investing, you do not have to worry about small ups and downs in the market. In terms of investing, you must have the right song about your wallet. You must have the right knowledge of financial management. Along with investing, you must have an emergency fund. An emergency fund is needed to protect your investment from unexpected financial disasters.
Knowing the nature of what the market is, we must be able to related all the necessary assessments expected of us before making an investment, after doing all these, there must be a cogent reason to why we must invest at a particular time and hold, buying and selling as we already know is a continues process, the more we go in doing it the higher the bitcoin value turns to be because of its increasing demand, so setting a particular time frame to buy or invest and then taking the right position upon our investment asset will all make it more profitable for us, now on trading, we may have to trade base on the personal convictions we have towards it, if we truly understand why and how to trade, manage the risk in trading and lots more, we are also going to make some catch at the cause of doing so over time.