Quote from: De seer1 on September 28, 2025, 06:53:00 PM

Quote from: puloweh555 on September 28, 2025, 05:26:20 PM

Quote from: Cyber_warrior on September 28, 2025, 03:34:20 PM

Quote from: Albert David on September 27, 2025, 10:30:27 PM

We should buy Bitcoin for the long term, and put a lot of effort into it, people succeed because of hard work! So we should be careful when we buy Bitcoin for the long term, sell it when the price goes up, then they can make a very good profit

Why did you say we should be careful when investing in bitcoin for long term? The people that are suppose to be so careful are short term investors and traders, if you are planning to invest for long term, their is nothing to worry about, just buy your coin and hold, to be at a safer side, make sure you make use of DCA strategy when investing. I know everyone will definitely sell when the price goes up, but not that you going to be monitoring the market, and when you are in maybe 10 percent profits you going to sell, if you can do that, then that means you are not holding planning to hold for long term.

Investing for the short term or long term is actually fine for any investor because the goal is still to seek profit, and each investor has their own goals and targets. If the price rises 10%, selling it won't be a problem they just don't want the much larger profits that can be achieved by holding it for the long term.

What I disagree with is his statement that caution is needed when investing for the long term, when in reality, he should be careful with short term investments, because selling Bitcoin in the short term wastes an opportunity. For example, if he buys Bitcoin at $80,000 and sells it at $100,000, even though he makes a profit, he won't have the opportunity to buy it again at $80,000, or even $90,000, or even $10,000. So, it's better to invest for the long term to avoid regrets.

You made some great points especially about the DCA strategy, some people claim they are for long term goal the moment market value dips high they panic and sell their coins that is not long term investment that is called emotional trading. long term investment sounds little till you actually have to sit through a brutal bear market or when you watch your portfolio go red for some months, buying and holding is good but it only works if one understand the risks, manage your motions but do not overexpose your investment. i think it decrease about being careful in a fearful way and more about being ready and knowing what you are getting into. Bitcoin have rewarded long term investors.

You have bought Bitcoin and you have held Bitcoin for a long time, this is your long-term investment, but if you sell your Bitcoins after understanding the market movement within a few months or a few days after buying Bitcoin, then it cannot be considered a long-term investment at all. I think there are some things that should be proven by action rather than words. There is nothing to get excited about when it comes to the Bitcoin market, here many bigger investors than us are investing regularly and they are holding their investments. So I think we should focus more on buying Bitcoins only. The more we buy, the more our investment will increase and the longer we hold this Bitcoin, the more likely we are to get a good return from it. So those who can afford it should focus only on buying and not on selling.