...There are many investors who decide to sell their investments even after getting a small profit from their invested money. In my opinion, they are not investors. They are traders. The first thing an investor does is to be patient. And to hold the investment for at least 2 cycles from the cycle in which he is investing. If someone sells the investment after getting a small profit from it, then he has nothing to do but regret it later. The longer you hold your investment, the more profitable you will be.
It's no new thing that traders enter the market just to take profit in a short period after they've made little gains but ignorance can make new investors make such mistake too, many investors have made such mistake before they realize that they were doing the wrong thing and desist from it, one thing about Bitcoin is that if you come into the market with a trader mentality whether you're ignorant or not it would always prove to you that's it's meant for a long-term purpose and make you regret on the long run cause when you take profits due to over excitement, panic or whatever the price would definitely increase beyond the point you sold and you'll regret why you didn't hodl it for longer, it's a mistake that lots of people have made in the past before the learnt from it and became long-term holders.
Believe it or not, a lot of people are still making these mistakes today, there will always be newbies, people with no experience in bitcoin investment but who want to go into it and sometimes their problems come from the people who advise them, they get feed false enticing news which leads them to make poor investments (trading) choices ultimately leading to regret and loss on the part, financially.
If newbie investors can have access to credible information on how the bitcoin market works then they can invest the right way with the mindset that they are venturing into a long term investment that can run for decades on end and they need to stay away from failed bitcoin traders who want to drag other down with them, because let's face it, most of the people busy giving out these false advices didn't make anything out of their bitcoin trading, yet you see them advising others to still trade, you can keep doing thr same thing and expecting a different outcome.
The above comment is very vague. No one has experience before investing. After investing, experience is gradually gained. In the first case, if you have basic knowledge about Bitcoin, faith in Bitcoin and a stable income, you can invest. Over time, you will gain experience. In the first case, you can find a person who is capable of holding high and long-term investments. If you want, you can take advice from such a person in the first case. For example,
* You can get some ideas about how to control your emotions.
* In which method of investing will be good for you.
* You can take advice from him about how to keep yourself calm during a downturn.
Etc. But it is not possible to leave it completely to him, you have to do research with him to see if he is giving you the right advice or the wrong advice. Because if he gives you the wrong advice, your investment may be lost, so you always have to be aware
How vague is it, newbies aren't experienced, that's what make them easy to manipulate, and this manipulation is done by others who just want people to fail, while this is not the reason all of the time it is the reason why it happens most of it, and that's why a person who wants to go into bitcoin investment needs good guidance to not mistake trading for investment