Quote from: Gost ms on Today at 03:59:38 AM

Quote from: Silentcursor on Today at 12:58:40 AM

Wrong
What suits your preference might not be the most reliable approach to your investment. The thing about trying to study the market like you said earlier is that you have to time your buys and your sells. It is very risk to do that when you are a Bitcoin investor.

Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it. When you focus on timing the market, you are putting a lot of pressure on yourself, and not one can really predict the future accurately. And as you try to sell for short term profits you will miss out on the bigger gains over the long run. If you are not sure of holding your Bitcoin for the long term then you shouldn't have started your investment in the first place.

I feel it is more better for an investor to look back at the massive growth of Bitcoin overtime for them to see more reasons why they need to hold for long term..remove the mindset o constantly trying to figure out the perfect moment to sell and then buy again, because you will be automatically acting more like a trader than an investor. The whole point of investing for long term especially in an asset like Bitcoin is to buy and hodl and not to be obsess over quick profits.

Your comment seems very confusing. Because it is never right to wait for buying and selling or it is not right to set a time. Because anything can happen in the market at any time. A lot can happen in the market in a minute. An investor should just keep buying. Until his portfolio accumulates a sufficient amount of Bitcoin.

Investment is long-term, never investing in the hope of quick profits. Investment is for the future. Buying during the decline and selling during the rise is never a sign of an investor. Rather, a trader does this all the time. By doing so, he is putting all his money at risk. Because short-term investment has many risks

@ gost ms i think you're the one who is confusing the whole thing here, because i just went through silentcursor comment he didn't said that is good to time the market rather what he said is that (Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it) which is true because if you're this set of investors that always like Timing the market there are some certain opportunity you will be missing, an investor is not supposed to engage him or herself into Timing the market. Just as silentcursor said that Timing the market is mostly used by traders since trading has to do with short time profit, and timing the market is not always that easy for them because there's always a pressure when doing this, Which is why i prefer investing all my money into bitcoin because if you're investing in bitcoin you won't undergo this stress.