Quote from: Orpichukwu on June 14, 2025, 11:07:19 PM

Quote from: Rockstarguy on June 14, 2025, 09:34:14 PM

Quote from: Orpichukwu on May 24, 2025, 11:32:20 PM

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There is no point in checking the price of bitcoin when one has taken it as a habit to start monitoring the price of bitcoin. It is very difficult to invest in bitcoin and make something out of it. An investor who really knows what he or she is doing would never try to always check the price of bitcoin just to monitor it. But the truth is that those who are fond of monitoring the market while investing in bitcoin don't understand bitcoin and are not sure of it; they are only trying to see if they can make a quick profit. Real investors who understand bitcoin and know what they really want don't bother about the market; their main concern is to accumulate and hold bitcoin.

I understand the point that you are making, but do you think it's very easy to invest your hard-earned money, I mean your sweat and earnings, into something and not have a look at it often from time to time? I don't see that as something that's possible even if the money invested in it is relatively small compared to what the person has as a network.

There are days when you will randomly run into crypto news and will want to check your investment to see how it's doing. Even if the price is going down, you will not want to sell off because of how determined you are to hold. Sometimes you might be tempted, but your courage will tell you what next you will do.

I completely agree with you on this just as they say where our treasure is that is where our hearts will be, many usually say that we should buy and forget about it and it is not as easy said than done, perhaps there is nothing wrong getting updates of the price of Bitcoin and that doesn't make you less than an investor provided that the investment plan is for long term and they didn't buy with the money they are supposed to use in sorting out their important living expenses for quick profit maximization, but a part of their discretionary income they are willing to invest over the long term.