When people plan for short term investment then price volatility may create inconsistency in investment that is why people are always told to plan for long term investment in Bitcoin. When a person plans for long term investment in Bitcoin i.e. at least 2-3 cycles then he has enough time to observe the market and during that time he can take appropriate decision about his Bitcoin portfolio as per the time suitable for him. I think those who are currently investing in Bitcoin for long term will not be disappointed.
Short term investors are those investor that does not really see long term investment as being necessary or important because they feel it's waste of time and money
There are some investors that believes that long term investment ties their money down and it's always not profitable as compared to their short term,
At this point, I don’t even have words for anyone that says long term investing is not necessary and they prefer short term while investing in Bitcoin. it just shows not everybody is financially smart, simple as that.
Because I don’t see any reason why someone would say short term investing in Bitcoin is smarter or better in the long run.
Sometimes I feel like people should just calm down and study the history of those who have actually built real wealth and are financially solid today. you will notice something common, 90%+ of them did not build it through short term moves. It took a lot of patience, time, and long term plays to get there.
Same thing applies to Bitcoin, if you want something sustainable from it, then chasing quick profits and jumping in and out of charts every time is not the way. That is just plenty stress with no real direction.
There are already proven patterns people have followed for years to become successful Bitcoin investors. those same patterns are being shared here openly now. Yet some people still want to force short term into everything.