Quote from: yixichloro2xx on Today at 09:13:17 PM

Quote from: Miles2006 on Today at 05:49:51 PM

Quote from: Yoona_As on Today at 04:52:21 AM

Currently, many investors are pouring their money into Bitcoin completely, but on the one hand, they want to make a quick profit, and on the other hand, they want to avoid risk because they only consider the profitable side of Bitcoin. However, Bitcoin is risky, and when the price of Bitcoin fluctuates, they panic the most. As a result, they take the wrong steps and sell Bitcoin, and later when the price of Bitcoin increases again, they are disappointed because they sold Bitcoin.

Invest in Bitcoin for the long term through the DCA strategy because Bitcoin will increase in value more than we expect in the next two to three years, you can save for your family's basic needs and your own unnecessary expenses and continue investing slowly because you are investing in Bitcoin. You can benefit from investing in Bitcoin in the long term.

Sounds like what a newbie will do due to lack of understanding, although this is so rare where an investor will decide to take risk or panic knowing fully well quick profit will only result to loss. I think there’s a misunderstanding when it comes to quick profit relating to bitcoin price, a situation whereby an investor buy and sell so quick is considered trade and we’re aware of the outcome. I will not advice anyone to go all in while investing because they’re other needs that need to taken care of then if anyone feels the need to go all in it’s their personal decision but it’s best maintaining a standard management.
When people try to predict bitcoin value indicating the years although it’s just a mere prediction but you actually believe such when you predict, no one can predict the price 100% but it’s better you buy with the available fund and hold so when the bitcoin price doesn’t hit your desired target you don’t need to panic.

Usually motivated by emotion or inexperience, going all in frequently results in losses. Fast profits may seem tempting, but they typically lead to dangerous trades rather than wise investments. Prioritize your needs, manage your money sensibly, and only invest money you can afford to lose. The best course of action is to remain steady, refrain from panicking, and hold onto Bitcoin for the long run because future price predictions are never guaranteed..

People have no experience dealing with Bitcoin would really think that they can get fast profit with Bitcoin. We can't blame them to think about that way especially there's so many misleading information they can see about it online. At first most of those people fall for this traps usually lose their money. Some quit because they can't handle the consequences of their mistake made, but their are people proceed.

But what's more important is that people proceed then learn something from mistake they made. So hopefully they learn to create good discipline and point out that there's other way more better approach to do with their Bitcoin and that is to hold it for long term. Although we can say there's still no guarantee to earn but chances to gain is huge compare if they trade their coins. Because if we look at the current condition of Bitcoin it gains more demand and those demands will make it became more successful in future.