There are many risks in long-term investments.
There are risks in all forms of investment, so don't glorify the risk when it comes to bitcoin long term hold as if it's something that you can't find in every other investments out there. I don't even see the many risks in long term investment, order than the general risk that are associated without bitcoin investment, which is the risk of everything going down to zero, of which we are even yet to see it happen since the invention of bitcoin. So long term investment doesn't manufacture other risks, that made you said that there are "Many risks" in long term investment.
You can make some money by investing in the short term, but investing in the long term will be foolish.
I find it very disturbing and insulting that you have the guts to come to a major thread as this, that's specifically dedicated to long term investment, and say trash like this. If you think investing in long term is foolish, what then are you doing here? Or were you sent to come and say things of this nature in here? Get off this place and go find somewhere else to talk about your short term money or whatever. Can't still understand how you came up with the thought that long term investment is foolish.
Yoo! Calm down a bit and understand the fella maybe go back and re-read that comment he was talking about Altcoins and Shitcoins. Yes, there are more risks in it for a long term. Remember notcoin the web3 tap to earn shit
Yeah it had so much hype and frenzy, I know someone who bought it and was is holding for a long term right now the price is far below what he bought, he’s at a serious loss right now he’s still hoping the price will go up. That’s the kind of situations you face with going long term on Shitcoins and some Altcoins. So it’s not advisable to go long term on such.
Try to read and understand the full picture before you go off
There's no place for any shitcoin mentions on this thread, this place is about Bitcoin and and long term hodl. We are here to discuss the best strategies, opinions and mindsets on when to buy and hodl, our discussions should be centered on related discussions. Bitcoin has proven it's potentials over the years as a store of value and for investors that understands this they have to find the best strategy for them to stay focused on accumulation. We cannot overemphasize that DCA method remains the most effective strategy to accumulate Bitcoin on the long term.
Short term accumulation plan is not suitable for investors that wants to do Bitcoin investment, it's a volatile asset and it's price can dump and pump at anytime. But on the long term we'll always sees ATH price and that should be the focus of Bitcoin investors so that they will not panic or worry about short term dip, correction and rally then dip again.
There's always some level of risks in every investment that yeilds money, any investments that promises zero risk is probably a scam. Smart investors goes for investments that have low risks and high ROI, Bitcoin more than qualifies in this category. The only sacrifice is that you need to hold for a long term, the longer you hold the more profitable it becomes for you in the peak of bull circles.