Quote from: LokhcfyBit on Today at 05:10:49 AM

Quote from: IceLincoln on September 07, 2025, 06:09:44 PM

Quote from: Dareo on September 06, 2025, 09:18:44 PM

That being said, trying to concentrate solely on Bitcoin does carry a degree of risk, and having a smaller portion in other reliable assets can provide an added layer of safety. The big lesson here is to invest consistently, be patient and don't fret over short term price movements.

Dareo I don’t understand this advice or suggestion you’re trying to make here, Are you hinting on investing in Altcoins and shitcoins as a way of providing safety to your bitcoin investments?. Concentrating solely on bitcoin isn’t such a bad thing and the risk is still minimal at worst so Long as it’s a long term investment. You make it sound like bitcoin investment can’t stand on its own and needs other investments to balance it and this idea is totally wrong, you don’t need any additional investments to act as your safety net while investing in bitcoin so long as you’re doing it right ,and if you’ve been following this thread you’ll know how best to go about your bitcoin investments.

I'm with you, because Bitcoin may not be as risky as you think it is to invest in because its value can increase drastically even two hours after you invest, then will you sell? That will not be a big gain for you because the value of Bitcoin which may be higher than we fear in the future, so it is very important to keep your long-term perspective when investing.

You gave an example of Bitcoin's price increasing or decreasing just two hours after investing in Bitcoin. and you also said that better to invest for a long time. In fact, for those who consider investing for two hours as a short-term investment, a long-term investment would be maybe 1 or 2 months for them . If you follow the example of short-term or long-term investment for 1 or 2 hours, then people will be in a dilemma about the actual time period of long-term or short-term investment. If someone continues to invest for less than 4 years, we call it short-term investment. Investing in Bitcoin for at least 4 to 10 years or more is called long-term investment. If you invest for 4 to 10 years with regular discretionary income and follow DCA, then you can get proper profit from Bitcoin.