Quote from: Moreno233 on Today at 05:51:41 PM

Quote from: fullfitlarry on Today at 11:37:22 AM

Yes, and short term gains is just like gambling per se, and it looks like you are just gambling the hell out of it. Just look at this scenario,

2017: Sold at $10K? Missed $20K.
2020: Sold at $20K? Missed $69K.
2024: Selling at $90K? You’ll miss $250K+.

So in any case that 3rd scenario is hit in today's current bull run cycle, then short term investors are going to regret the potential profit. You just have to hold in the last 4 months or so and you will have that biggest ROI. And from what I've learn, the biggest regret here are always by SELLING, and not holding.

By now, we should 'believed' that Bitcoin should be hold long term, look at the bigger picture.
And for newbies, don't believed on the 'get rich quick scheme', those who believed it in? - they usually go broke.

This is a great illustration of how important it is to see the bigger picture. If you buy Bitcoin and store safely in your wallet, you have done your job, you don't need to pay for maintenance or service charge, you don't need to do anything whatsoever yet your money keep gaining massively over the years and far more than what is obtainable in any business anywhere in the world. I don't know why it's difficult for some people to see that Bitcoin is a rare privilege and we are indeed lucky to see such an easy way of building wealth. I knew how my parents suffered to keep things running in the family, every penny they got as farmers was through sweat. If I see how privileged I am to know Bitcoin where I can save some part of my money and in the future I'm sure I don't have to work so hard to live comfortably, I'm always happy and thankful. This is why I don't joke with my Bitcoin business.

I would also say yes on this because human beings tend to be too focused on short-term gains and fail to see the true potential of the Bitcoin. The reality is, is that the greatest returns have always been received by the ones who stuck with it when everybody is screaming and going bananas and you don t want to quit. All such sales made at an early date are really regretted when the price continues to rise. By not viewing Bitcoin as a short term gamble, the investor presents the possibility of taking advantage of its entire potential growth. Patience and discipline have never disappointed as compared to frying fast profits.