Quote from: bitzizzix on Today at 01:41:06 PM

Quote from: Doan9269 on Today at 12:11:21 PM

Quote from: asarfiar on Today at 11:25:42 AM

I have been gaining knowledge about Bitcoin for the past one year. When my knowledge was narrow, the fluctuations in the Bitcoin market price made me unstable. Now I am constantly gaining knowledge about Bitcoin which is making me confident about Bitcoin long-term investment. So you should gain deep knowledge about Bitcoin which will help you hold your Bitcoin for 10 to 12 years.

We actually made profits more being a long term holder than short, those that have been holding for instance over 5 year to this time know what they were already into, the same way you cant compare them to those already holding 10 year ago, so in support of your idea, we need more time to be a holder if we are truly going to be long time investors, than those who could be inconsistent with their holding base of the market reactions they see, that is why we need to build up our confidence in what we are investing, to keep holding irrespective of the market condition.

Having a strong belief in Bitcoin is the most important thing for those who care about Bitcoin in the long term and besides that you don't need to learn more about Bitcoin before starting it and the most important thing is that you see, learn and also understand its traces. Because the Bitcoin trace will be your motivation to continue to pursue Bitcoin in the long term without caring about the unpredictable market situation or reaction, and all you do is keep trying to collect more Bitcoin which is done routinely consistently and save it for the long term to generate big profits and this is what you should do because you can learn more about Bitcoin by doing what I have mentioned because delaying it with the excuse of wanting to learn more about Bitcoin is not a good idea because you will miss the opportunity if you delay it.

Those who are genuinely interested in Bitcoin will never be afraid of Bitcoin volatility. If you study Bitcoin's past movements well, you can understand very well how possible Bitcoin is in the long term. For Bitcoin investment, you must first improve your financial situation as much as possible, because Bitcoin is a long-term investment journey. If you want to get something good, you must have a long-term plan. Bitcoin cannot make you rich overnight. If you think of getting rich quickly through Bitcoin investment, it can give you negative results instead of positive results. So, you must maintain the right mindset, learn to adapt to the fluctuations of the market, and have the mentality of buying more by taking advantage of the volatility, only then will a good portfolio be created.