Quote from: Spaceman1000$ on September 12, 2025, 09:00:42 PM

Quote from: HajiBagi on September 12, 2025, 07:53:48 PM

Quote from: Y3shot on September 11, 2025, 08:41:40 PM

Quote from: Muba20 on September 11, 2025, 08:33:47 AM

In the case of investment, if Bitcoin cannot be held for at least one cycle, then it can never be called long-term. As we know that one cycle is completed every four years, and for this, the investor can hold Bitcoin for any period of time above the minimum of 4 years. The longer the investor can hold Bitcoin, the greater the possibility of his return. If it can be observed before and after each cycle, it will be very clear about this fact. The Bitcoin market is always volatile, long-term investors can use this volatility to increase their Bitcoin accumulation. Those who are long-term investors and regularly invest, on the one hand, get the opportunity to increase their Bitcoin portfolio, and on the other hand, if the price of Bitcoin increases, it creates the opportunity to take even bigger returns.

I think in this time where we find ourselves now, people have a better understanding of what Bitcoin is all about. Some years back, people just tried to invest in Bitcoin without knowing what it is truly about. It is important for those who want to invest in Bitcoin to prepare their minds and understand that Bitcoin is a long-term investment. If you are not sure or willing to invest for the long term, there is no need to invest in Bitcoin, because planning to hold Bitcoin for a short time is not always productive. Bitcoin investment is a long-term investment, and there is no two ways about it. I think investors need to work on their mindset first before investing, because if you are not prepared for the long term, it is impossible to make it big in Bitcoin.

I think people who invest in bitcoin some years ago do so because they trust and believe what bitcoin will be in the future. The reason why some people don't have the mind of holding bitcoin for a long term is because they don't trust bitcoin and believe what they are doing, in this life, you have to believe in everything you are doing to be able to achieve your goal. What people need to do is trust and be patient with what they are doing, no matter of how it is , if you don't trust bitcoin before investing in it, you will always panic when the price drops.

Some people need to understand that bitcoin is not a short-term investment, and that being patient is the best way to hold for the long term. This is why it is not advisable to invest all of your money or money for your daily expenses in bitcoin, because some people lied that they needed money, which is why they decided to sell their bitcoin. As a good investor, your plan should be to continue accumulating bitcoin rather than holding for a short period of time and selling when the price rises.

I also feel some investors with such level of impatient are investigating not with their descriptionary income, there is a whole lot of difference when you meet an investor that is investing in Bitcoin with his discretionary income, their aura is always different, their approach and understanding of the concept of bitcoin investment seems out of this world, bitcoin they do it with a lot of peace of mind, with no anxiousness to withdraw or sell in a short term. The mindset is a strong tool, hence your not properly nurtured with the strategy you should use from the beginning, you might, then those inconsistencies in not having a long term plan will begin to creep in.

For an investor to invest in Bitcoin outside his discretionary income, should that not be a bad investment strategy, because from what I have know and learnt during my time here, that wouldn’t be a good investment strategy, well I guess that is why you feel it’s whole lot of difference if you are to compare with someone that is investing through his discretionary income, if I’m to invest with my discretionary income is more comfortable than investing outside my discretionary income which is quite awkward way of buying Bitcoin for me, and that might just be a premeditated mistake.