Quote from: Stormisover on Today at 09:28:17 AM

Quote from: Pi-network314159 on Today at 01:49:57 AM

Quote from: JayJuanGee on July 23, 2025, 11:34:45 PM

Quote from: Achalugo BTC on July 23, 2025, 10:15:13 PM

The key I believe lies within finding a balance based on the circumstances and position of the individual and their financial stability. I see that you also emphasized on the importance of having a discretionary income to invest in Bitcoin, rather than using money meant for other expenses, which would seem more like trading or gambling, and I see a lot of sense in what you've said, because if an investor forfeits his expenses and uses the money to invest in Bitcoin, it might later cause him some financial strain, and maybe even lead to using money from your investment to foot those bills/expenses.

Sometimes it can take a bit of time to put good systems and practices in place, and in the very beginning a guy might not even realize what is the difference between trading and investing, and even if he hears that others believe that bitcoin is a 4-10 year or longer investment, the idea might not sink in with him personally, so he might not actually understand it, even though he still might start out by investing into bitcoin with a shorter than 4 year timeline... but then as he learns more about bitcoin, he may well come to understand and accept that bitcoin investing is 4 years minimum for any of his new investments into it... and not a shorter timeline, so his ideas may well change as he better gets to know bitcoin and some of the ways that bitcoin is a relatively unique asset.

Yes expecialy the newbies who might have spent less than 1 to 4 months here. We have also been on that situation and needed a lot of conviction for it to sink into our head but as time goes it becomes part of us. And I believe why people finds it hard to understand the concept of 4-10 years or more, is because they are often stocked to the orientation of other people about Bitcoin investment and trading outside forum. A person who understands Bitcoin outside forum will usually have a different view about Bitcoin investment and trading but with the help of collective ideas from different people expecialy from thread like this will shape a person into another dimension of knowledge except such person is bent on following his own ideas. And I bet such person will never learn.

There are lots of people that has stay longer in this forum but are still struggling with that conviction of understanding the difference between trading and investing don't forget that there are those who are so much entitled to their own ideas and we still have them here, it is also possible that someone outside the forum can have a better understanding and conviction than some people here, it is personal to make difference of ideas, to some it will take time while to some it will never happen and don't also forget that the ideas are not to be forced on any one, people are allow to make choices and face consequences.

No man is an island of knowledge and that is why I find it ridiculous that people hold sway to their ideas only it comes to bitcoin investment, because as a bright person, you should be open to new ideas and not be locked down with your's alone. I'm a bit surprised when people stayed in the forum for long time and don't know the difference between trading and investing, when it is one topic that has been talked about in the community for a very long time and the difference is being spelled out almost on a daily basis. so I believe those set of persons should make the difference by enlightening those outside the forum because by virtue of them being members of the forum, they're prone to a whole new knowledge about Bitcoin investment and the outside world should be able to tap from their fountain of knowledge which they have garnered from the forum and not the other way round.