Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
SmartCharpa
on 20/08/2025, 11:57:30 UTC
Although many individuals are still afraid of Bitcoin because they don't understand how it works, their fear has stopped them from investing, which may be their loss because they missed the opportunity to build their wealth for the future. Even some people who choose to buy Bitcoin make mistakes, maybe they rush in without having what it takes or because they expect quick returns. Some people put themselves in a worse situation while investing, not because Bitcoin failed them, but because they failed to plan properly.
You're right; some people still struggle to understand because they want to make quick profit. I saw a post where someone claimed that he doesn't know if he is investing in Bitcoin or not because he doesn't understand how the market works; he has been investing for two years and hasn't noticed any changes, which demonstrates how greedy the person is. Bitcoin doesn't work like that; you have to be patient and the more you invest, the more you may expect a positive outcome. You can't just hold onto it for two, three, or four years and expect a significant profit in return.
My understanding is that such person might have been buying Bitcoin in bear market, a very great time to buy aggressively though, but because he was looking at seeing his investment in profits almost immediately, he felt bad that his investment did not do well. This is the reason we should not just invest and expect to see reasonable profits within a year or two, Bitcoin needs time like five to ten years to see some significant profits. To ensure I do not worry myself too much, I have start looking at my investment in terms of Bitcoin quantity in my wallet and not on the value of my portfolio, this way my target is to reach a certain quantity of Bitcoin and not just have certain amount of money in my portfolio.

You are doing the right thing, which is exactly what every investor who understands Bitcoin should do. There’s no need to always check your wallet to see the value of your portfolio. Instead, you can check it after some months, focusing more on how much Bitcoin you have accumulated rather than the price at any time. Every investor usually sets a target at the start of their journey, some may decide that once they reach a certain amount of Bitcoin, they will stop accumulating, while others plan to keep investing for some years until they reach their goal.

Quote
People have a way of developing emotions whenever they have put money into something and that is fine but we must guard those emotion to avoid making mistakes and one of the ways of achieving that with Bitcoin is to set your mind on quantity of Bitcoin and not just the price. This will help you in both buying and holding, I don't know if anyone follow this approach but I'm talking from experience and it helped me a lot.

However, many people allow their emotions to control them, especially when they see the price of Bitcoin dropping after they invest, always watching the market without managing emotions can lead to panic selling during tough times, the best thing is to think long-term and invest with money you can set aside and forget about, while continuing to accumulate gradually over time.