Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Cossyblack
on 20/08/2025, 13:10:26 UTC
[edited out]
I agree with you sir, Bitcoin doesn't give any guarantee in investment and that's why we should only invest/ accumulate Bitcoin using our discretional income should incase anything go wrong it would be a lot easier for us to move on so it wouldn't costs us any trouble . Although investing for the long term likewise for a period of 4- 10 years is necessary to maximise profits for holding even though they is no guarantee that it will happen. I think instead investing with a guarantee that we will cash out big which we are not certain off, its better we simply Buy from our discretional and move on without having any guarantee attached to our investments .

It seems to me that thinking bitcoin as an investment that is 4-10 years or longer will help to put us in more of an investing rather than a trading mindset,
even though surely we ongoingly retain the right to get out of bitcoin at any time we like and we also have the right to trade bitcoin rather than invest into it.

I personally don't recommend trading bitcoin, yet people are going to do what they do..
so yeah, hopefully we are at least able to frame the ideas about bitcoin in understandable ways, even if some folks might disagree with some of the ways of thinking about bitcoin and some of the ways of how we treat our bitcoin investment..

And, surely there may well be a decent number of folks who come to bitcoin with a truly 4-10 year or longer timeline in mind, yet along the way, they change their mind about their bitcoin investment either based on changes in their thinking and/or changes in their personal circumstances.


You're right sir, when we start thinking of investing and holding bitcoin for a period of 4-10 years appears we're more looking like an investor rather than a trader. Traders don't have this mindset of holding for a longer period of 4-10 years because they lack the patience to hodl. However people has the sole rights to decide in whatever way they want to do with their bitcoin stash perhaps they may decide to trade it for the shot term rather than holding it for the Long term it's up to them since the stash is theirs.

Furthermore it's obvious that trading is riskier and I personally cannot venture into trading of my Bitcoin for any reason neither can I recommend trading to any person. Sometimes people rushed into trading without even knowing or considering the risks involved,more particularly because their friends recommending trading to them as an easier way of making quick money without also telling them the negative aspects of it. I am not totally condemning trading but left for me,I cannot recommend trading to anyone.

Personally I think people have different reasons for investing in Bitcoin for the long term, circumstances and bad advice from peers groups may change an investor mindset and if care isn't taken serious may also force him to discontinued his Bitcoin accumulation. But I also believe an investor with a strong and determined WILL  cannot be persuaded from discontinuing his bitcoin accumulation no matter what. And also Early planning and preparation like building an emergency funds and reserve funds is necessary to protect his bitcoin investment from unfavorable circumstances that may arise in the future.