Quote from: CryptopreneurBrainboss on Today at 12:12:09 PM

Quote from: Gost ms on April 30, 2025, 03:04:12 AM

Short-term investment is like gambling. But you invest for the long term and hold your holding for a long time. The chances of profiting from your investment will be much higher.

The Idea behind investing is that there's no way you'll buy a quality assets today and then In few years time it won't be worth more than what you bought it. Investing for the long term has proven to be failed proof that it shouldn't fail you if you made the right selection in what you're investing into. For instances, if na Bitcoin you buy so, e no get how you wan lose as far you no panic when the market they fall because Bitcoin price will always increase as the years goes by so by having some, you done secure your future be that but when we put our minds on quick profits and short term beliefs, e fit dey disappoint as the market no dey do well when we expected to cash out. You need to be a very patient investor for you to make money but also be very selective and go for only assets that'll be worth holding make you no go dey hodl rubbish.

For sure, bitcoin investment is a good one, but one of the main problems whenever people invest in bitcoin is greed and lack of patience. If one can set aside greed and lack of patience, bitcoin investment will always be a profitable one. Many people think many things about the market that are quite different from reality. They expect too much when investing in bitcoin; they have in mind making a profit when they want, and unfortunately, bitcoin can't be predicted. When they are unable to make a profit as they speculated, they lack the patience to continue holding bitcoin.
It is very possible to invest in bitcoin with a clear understanding of what bitcoin is. You don't need to expect too much from bitcoin; instead, invest according to what bitcoin is. The way people understand bitcoin is the main problem why some find bitcoin investment difficult. The difference between those who invest in bitcoin well and those who are unable to invest for the long term is simply a difference in understanding.