Quote from: Kelward on August 19, 2025, 03:09:49 PM

Quote from: Sticky Bomb on August 19, 2025, 04:49:49 AM

Quote from: Sjkah on August 17, 2025, 02:26:50 PM

I don't know if I will actually be successful one day if I invest in Bitcoin. I continued to invest in Bitcoin for many years but did not get any good results then everything was in vain. If we can invest correctly then we can make a profit then we should invest in Bitcoin and hold Bitcoin.

Were you accumulating bitcoin and holding or were you merely buying and selling with little profits, more like gambling with it? Perhaps if you were holding the bitcoin you claimed you were investing into and not trading it, you would be financially better off by now. I take it that you were among those who made mistakes by taking quick profits when you should be stacking your bitcoin for a long term ride which explains why you were unsuccessful after many years. You can still start afresh your journey with good investment practices and a long term holding plan, you can still have a chance at some level of success in the future. Bitcoin is meant to be held for a long period (4 - 10 years or more) to be profitable and the more you can hold without tampering your portfolio, the better your chance at enjoying compounded profits on your investment. Additionally, building out backup funds like emergency fund and other variances would help you keep your hand off your portfolio when in need. Be sure to accumulate it with your discretionary income so you can comfortably hold for long without fear or panic.

You can't hold Bitcoin for the long term and not be profitable, if you're not profitable that means that you're selling prematurely. Long term doesn't mean like 2 years, it needs to be atleast over 4 to 10 years or more, if you're able to hodl without selling you will surely be in profit. Bitcoin long term investment needs discipline, if you're not you can be enticed when price rallies to sell and take profit but if you understand that the longer you hodl the more profitable your Bitcoin will be you won't be in a hurry to offload it. So far you have a functional discretionary funds there's really no need to sell when Bitcoin pumps you should understand that it has the potentials to continue pumping on the long term.

Long-term Bitcoin investment will make you realize some things. One of them is patience. Which will help you a lot in human terms. Invest for the long term, at least 10 years. Your investment in these 10 years will help you become wise. And you will understand how to increase your portfolio more. Your investment can make you profitable in the future if you do not give up in the middle. Along with investing, try to increase your income. And try to increase stable income. Once those who start investing and if they sell their investment, they have admitted defeat at the beginning. No matter how much risk there is when investing in Bitcoin, you should have the goal that you will not lose your investment in any way. Fear will come in your mind of losing money, but if you can invest patiently, you may get something good. If you lose your investment, it will be like you went to an island in a boat and blew your own boat, you did not even think about how you will return and remained stuck there. Therefore, no matter how risky the investment is, never miss out on it.