Quote from: CryptopreneurBrainboss on July 30, 2025, 11:44:36 PM

Quote from: Yablee0 on July 27, 2025, 06:37:13 AM

- Ready to hold for long term (patience) : you must have that self patience in you despite any thing, you must have that mindset that bitcoin need more time before you can start benefiting from it,and it is not a get rich scheme that you will put in your money and get a huge outcome in a twinkle of an eyes. You must be ready to wait for longer term if you want to hit it big.

This is what's more important as a Bitcoin investor, you'll have to be willing to hodl for as long as you can to make profit and not belike most people in the market that are only here to make the quickest profits then disappear. Those seeking for quick profits aren't the real winners in the market. It's the long period investors that get the best part of the pie because they hodl for years and end up getting the most from their investment. I choose to talk about this because you'll be full of regrets when you don't have more patience and end up selling your Bitcoin. Instead of doing this have some altcoins that you can dispose of when you're in need of cash.

I agree with you. Regarding the advice you gave about holding altcoins. Sometimes we may need money to meet our urgent needs, so we can meet that need without having to withdraw our long-term Bitcoin holdings. The disappearing short-term traders are basically seasonal traders who put their capital at risk and are also irresponsible. They randomly use their valuable assets in short-term ways and with the hope of getting small profits.

My recommendation is to keep an emergency fund in the long-term Bitcoin accumulation cycle rather than not holding risky altcoins because most of them tend to drop in value unexpectedly but if you keep floating cash with you, there is no risk of losing money and at the same time it can make you win in the long term investment.