As someone who is still on accumulation stages why should we be talking about profit, we should be more interested in accumulating Bitcoin now and focusing on building a portfolio for a long term investment and to hodl our Bitcoin, because right now I think we’re very distanced from over accumulation and we should focus on stacking Bitcoin on a weekly basis or monthly basis depending on when we’ve our discretionary income.
Well think people who should talking about profits are people who have been holding for a full complete circle or have been able to complete two circles, minimum of 5-10 years, then we could even think of having our profit and that isn’t even all our bitcoin we should be considering. At this point of my accumulation stages I should be thinking more of accumulating more and holding my bitcoin more.
-Yes, that's right, you really said a beautiful thing. Why should we think about profit and loss at the present time when we are in the savings stage. Bitcoin may be in loss today, but the bright future of it is very unlikely that we will be in such loss when our investment cycle is complete.
Yes, investors can say that it is an invisible currency and its risk is high. To be honest, since Bitcoin has been decentralized, its risk has decreased compared to other things including fiat currency.
I am telling investors if you compare the risk of Bitcoin with fiat, you will see that Bitcoin is many times safer than fiat at the present time. Because the amount of inflation that is happening in fiat currency is decreasing its value day by day. Again, many times it is seen that when a country can afford a currency, it creates a new currency, due to which fiat loses its value. Again, assuming that fiat currency does not lose its value, then we deposit it in the bank, in which case there may be bank robbery or the bank may defraud investors, in which case are our fiats safer than Bitcoin? Where Bitcoin has completely gained people's trust, due to which many countries are currently enriching their Bitcoin reserves as a strategic reserve asset.
In the second case, what you said is that the profit and loss calculation will be done by those who have enriched their portfolios considerably and have already been investing in Bitcoin for a long time.
Yes, so if they need money at the present time, they can search for more or less prices to sell the required number of Bitcoins from their portfolio to meet the shortage of money. But for us, who are new investors who have started investing in Bitcoin for a while, it is not at all right to calculate the profit and loss of Bitcoin right now because it may put us in a confusing situation, this thought can create panic in our minds in an unstable market. As a result, we can lose our Bitcoin before reaching our desired investment goal.
My advice for beginners in poetic language would be-
Invest deeply and trust Bitcoin, no one will give you financial security like Bitcoin anywhere else.
I will buy, buy as much as I can. I will learn hundreds of things while investing.
Don't be afraid, newbie, don't be afraid of Bitcoin.
You don't lose money in Bitcoin like fiat."