Quote from: Futurexxx on Today at 01:52:14 PM

Quote from: Ricardo11 on Today at 12:23:35 PM

As a Bitcoin investor, you must maintain a long-term perspective, Bitcoin history clearly proves that those who have held for the long term have certainly been able to profit, and they have profited to an extent that they did not expect. It would be best if an investor can hold Bitcoin for the next two cycles, or more if they can afford to hold it, in short, long-term holding is the only way from which people have the potential to make profits larger than expected.

If you can't hold Bitcoin for a very long time, it's unwise getting into it because short term volatility might compell the said fellow to panic and sell in a loss,

that is not a good advice for a person who is trying to get into Bitcoin investment. Even as we know that there could be challenges that will hinder our progress from investing into Bitcoin, but atleast You can't use that to discourage a person who wants to invest. Don't tell a person who is a no/ low coiner that if they can't invest and HODL for long they shouldn't even invest. At least you should advice them to start a little with what they can afford to lose, to enable them not to sell their HODLing, letting them know how important it is to HODL Bitcoin for long. Even if there will be a scenerio or something that will make them to sell there Bitcoin in the future , but it shouldn't be that you are the one who discouraged them. Because our spoken words has power to make and destroy intention. Sometimes even when people don't have the courage, you could atleast encourage them from your encouragement such person will improve progressively as times passes and increase his investment instead of selling.

Quote from: Futurexxx on Today at 01:52:14 PM

most times traders buy it with the intention of selling for minimal gains which most of them incurred some losses in the process because the market start declining after they bought it, so they were unable to wait for the market to reverse before selling,

I don't think all this is important or necessary right now, since we are not talking about trading but Bitcoin investment.