We also consume with our discretionary income... We can choose to consume right away or we can delay our consumption by investing and/or saving.
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Yeah, Spending all of our discretionary income immediately feels good in the moment but saving or investing it is what really makes the future safe.
Life isn't always stable - illness, loss of job or simply old age can end our income, and that's when the savings from the past become essential.That is the reason why we need to focus on the future and forget about Those profits we are going to make in the short term, bitcoin investment is supposed to be for future benefit since we still have enough energy to be running around waking very early in the morning and dress up for work, why don't we use that same energy to start investing into bitcoin for future purpose because some day we can start fading away I mean we won't be have the energy to be running around waking very early to work as we used to.
At this point things may get tough for us that's if we don't have any asset at all, there are some people that had the opportunity to invest during thier early stage but due to one reason or the other made them not to invest into any asset not knowing that some day they will get old and won't be having those opportunities they had before. So therefore investing for the future is the best especially those that still have a Long way to go, is good to start investing for the future so that in the future you won't be facing much difficulties.
Anything less than the long term arrangements for me is below standards, though everybody is entitled to their own opinion but I think that's the only way to better grow your income because the short term plan will always yield lower income so why not settle for the longer which has the probability of yielding better result, this should be the right strategy but I wonder why so many people keep emphasizing on this short term investment plan, it seems like harvesting a crop before harvest season.
Yes you are right it is just long term and trading will have so if it is not long term it is trading and if it is not trading it is long term and long term so far happens to be the best way to go about Bitcoin because of what it will give in the future after holding it. But the problem is that most people are so eager and interested in making profit in the short term which is not the best way to go about Bitcoin because you will either end up losing your trade or selling when you are not suppose to and should endeavor to invest and hold for long.
Bitcoin was never ever designed as a get-rich-quick scheme, and as such the real success of Bitcoin only comes in the long term (Investment instead than Trading). It's short-term movement might be quite tempting especially for beginners coz the market is volatile, but the volatility is exactly why trading usually produces more loss for people rather than profits..... Long-term holding, on the other hand, allows you to benefit from Bitcoin’s scarcity. With a fixed supply of 21 million coins, the longer you hold, the more valuable your holdings becomes as the adoption continually increase.....So yeah, Bitcoin definitely rewards those who are patient and think in years rather than days.
You should invest so that you have a lot of money in the future. And you don't have to seek shelter from others in your old age. You have to make your own arrangements. (Tading) Many people think of this trading as a shortcut to get rich. However, when they lose their money in excitement, they realize that it was not right to take shortcuts. When they realize and are able to be patient, they think that they should invest now.
And they invest later. The more greed for money in a person's life and the more shortcuts they look for to get rich, the more they will lose and put their work at risk. Any work in our life should be learned and done with patience and attention.
In the field of Bitcoin, the more they look for methods like short-cut trading, the more they will lose. So I think investing can be an ideal and profitable way for you. Invest for the long term, maybe success can come.