Quote from: Cossyblack on Today at 06:26:58 AM

Quote from: Lembo69 on September 29, 2025, 05:46:18 PM

Many people are new to cryptocurrency and don't know much about investing or trading.

Trading is a shortcut to quick profits and high risks and losses. Trading requires a lot of time and puts your own money at risk.

And investing is a means of earning high profits in the long term. Why invest, there is no risk in investing and you don't have to spend much time and money. Only long-term investment has the opportunity for high returns of 4-10 years.

Bitcoin is known as the best currency of the present time and investing is one of the best means of earning profits from Bitcoin. Because if you can overcome the cycle, you may be able to earn high profits. A new investor should always be willing to invest in Bitcoin for the long term and invest in Bitcoin to make yourself and your money risk-free.

Trading is similar to gambling,no matter how hard you try to analyze the market,losses cannot be avoided and yet,traders still think this strategy is the best approach to make profits in Bitcoin. Short term investing in Bitcoin has never been proven profitable in anyway,making cheap profits from selling your Bitcoin stash early is insane. However, Bitcoin investment have proven to be profitable for the long term doesn't mean investing in a violatile asset as Bitcoin is risk-free. We have been asked to only use funds we can afford to loose to invest in Bitcoin because of the risks. By Using a discretional income only to buy Bitcoin minimize our investment risk as we wouldn't have much to worry about if any should go wrong in the future.

Many traders are using the same strategy to invest in Bitcoin, and when they end up losing money from the short profits they are chasing, they quickly jump to the conclusion that Bitcoin is like any other investment and compare the risks. But as you said, we cannot be profitable in Bitcoin when we are only after short term gains. We have to sacrifice our time and patience before we can truly be profitable in investing. Of course, long term investment has proven to be profitable, but that doesn’t mean the risk in Bitcoin is less, it all depends on how you invest.

With long-term investment, you feel less pressure and more comfortable with your money because you are investing only what you can afford to lose. Even if something happens in the future, you will understand that you didn’t invest an amount that would affect you badly if you end up losing everything.