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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 115163 times)
Promocodeudo
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Today at 02:39:56 PM
 #13881

There are many new investors who are attracted to short-term profits after entering the market, thinking that it is possible to make profits by buying and selling quickly. But this mentality only leads them to more losses quickly. They should understand that it is not easy to make profits in the short term by understanding the fluctuations of the market, and without experience or strong mental preparation, most people face losses. That is why a long-term view is much more realistic in the case of Bitcoin, because in this case, market volatility cannot affect us, and our holdings are formed at the long-term average price, so those who have the mentality of holding it patiently for a long time, regardless of all the risks of volatility, have a much higher chance of making profits in the long term.
I understand your point but being attracted to something is different from falling for what you are attracted to, we can easily identify those that fall for that trap which are traders, i might be forced to agree with what you said that the number of newbie that are attracted to making quick profit are much and to me that's caused by their intentions for being part of Bitcoin investment, one thing I know about every investment is that, it is not every invetsor that will not taste the effect of abandoning the real Bitcoin investment concept, your decision as an investor is detrimental, no investor should deceive himself about Bitcoin investment being an investment for which profit so that they'll not be disappointed, Bitcoin investment is a long-term journey that has to b followed with such concepts to make it to the future for us to achieve our aim, as an investor that's ready to invest or that's investing already, we should have been prepared to hodl for a long-term of 15-20 years

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