Buy Buy Buy or Sell Sell Sell?

[SPIDERMAN008]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

[The Founding Titan]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

[Princess Leah]

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When you say people, it sounds like you're generalizing but then everyone has their different reasons for investing in Bitcoin and even though it has the potential to grant a good financial position in long-term some people don't put that in front based on their reasons for investing in it, moreover someone that's yet to reach over accumulation shouldn't focus the expectations on profits but doing everything possible to get there.

 That's one major reason why people are advised not to put profits at the forefront cause the investment is not centered around profiting since it's something that requires long-term holding. Do not forget that holding can be tough due to challenges an investor might encounter in the long run, it's even more better that an investor focus on consistent accumulation and how to ensure they maintain long-term holding than thinking of profits.

[Gallar]

There is nothing wrong with expecting profits in investments. Rather, the potential for profits in Bitcoin is what encourages many to save more. But the problem is if someone assumes a guaranteed profit and trades for quick profits or is busy watching short-term price fluctuations instead of long-term savings.

Bitcoin can be a powerful means of long-term savings and value preservation, but the potential for profit is also part of it. But it is wrong to see that profit as guaranteed or short-term. Because when someone sees Bitcoin as a guaranteed profit, he can destroy his long-term savings due to greed and fear when he sees market fluctuations.

Yes, profit isn’t the only thing you can gain from investing in Bitcoin. The purpose of investing isn’t solely to make a profit; there are several other important factors that influence investment decisions, such as preserving value to prevent it from being eroded by inflation. Or it could be for specific planning purposes, such as your children’s education or retirement. But in my personal opinion, the most important aspect of Bitcoin investment is its role as a store of value.

Because just recently, the currency in my country has really weakened significantly, and I imagine what would have happened if the money I had wasn’t invested in Bitcoin and other assets—the value of my money would have certainly plummeted. So right now, I’ve truly experienced firsthand that Bitcoin is indeed an excellent asset. So rather than seeking profits at this moment, I’m more inclined to focus on preserving value. That’s why,, while I certainly want to profit from this Bitcoin investment, it’s clearly not my top priority right now.

[Rockson1]

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

I think I have corrected this impression before now maybe I don't know if it is in particular thread or not, it will impress me and every other other person that doesn't not buy this idea of yours if you just present yourself as those that invest in Bitcoin for this reason you stated here, do you want us to believe everyone including me are investing in Bitcoin for profit and nothing more? To me your conclusion is not correct.
There many investors in this forum and in real life that their major reason for investing in Bitcoin is their level of understanding about Bitcoin which goes beyond profit, you have heard about Bitcoin being a hedge to inflation, meaning that inflation has no effect on Bitcoin, don't you think that there are some investors whose main aim of investing in Bitcoin is as it serve as a store of value and wealth?

[DubemIfedigbo001]

Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

Bitcoin is designed for decentralization, but it is still up to us to practice such and hold it in a way that we are free from the government control which is self-custody wallets. Those who use CEXs as their major holding are holding bitcoin like fiat and are still at the mercy of the government and worse still at the risk of loosing their major holdings if the platform suffers bankruptcy or a hack.

If they consider profits to be part of the short term they're misinterpreting it. There's no specific guarantee for those who invest in short-term investments. Many who have experienced it will certainly still use the long-term approach. Therefore those who do or consider short-term investments as guaranteed are those who I believe don't fully understand the process of investing in Bitcoin. For example someone might buy Bitcoin today at a market price of $73,000 and then invest for a short period of time, say two weeks. During those two weeks, the market price sometimes drops to $68,000. So, we're looking at whether this is a short-term profit of course not. However if someone buys Bitcoin for a long period of time it's possible that in the first year the market price could reach $85,000. This could be a true profit they've earned after investing in Bitcoin. Therefore it's better to invest in Bitcoin with a long-term perspective.

Profits this and that every time is making investors loose focus on the long-term target of investing into bitcoin which is attempting to secure your financial future in it. Have you even envisioned being able to live off your bitcoin portfolio forever?? If you have such visions, then you should be more concerned with building out a bigger portfolio for yourself, so your portfolio can better sustain you in the future.

Fiat depreciates, fiat is constantly debased and you are losing the value of your fiat as it continues sitting in the bank idly, do you not want to preserve the value of your money on the long-term? Bitcoin provides such opportunity to preserve value put into it on the long-run and it will be a good decision if we preserve the value of some of our funds in it instead of stacking it up in banks.

Bitcoin is decentralized too and those that value freedom of their finances would gladly use self-custody practices to hold their fund in bitcoin, so that in the future they can use it whenever they want without being controlled or manipulated and that is the kind of financial freedom bitcoin presents.

It must not always be about profits, profits is good, but it is important we look beyond momentary gratification and focus on other valuable prospects of investing into bitcoin and why it is a very good investment option.

[Hardyrobust]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

It is not all investors that are into bitcoin investment because they want to make profit. So you are wrong to think that everyone that invested or holding bitcoin is doing so because of profits. An investor can be holding bitcoin because they want to retain value or wealth and bitcoin has proven it's worth as a good store of value. Apart from this bitcoin is decentralised in nature and anyone that value privacy most will definitely wants to invest and hold on to bitcoin and just because of profits.

[Bigjoe33]

If they consider profits to be part of the short term they're misinterpreting it. There's no specific guarantee for those who invest in short-term investments. Many who have experienced it will certainly still use the long-term approach. Therefore those who do or consider short-term investments as guaranteed are those who I believe don't fully understand the process of investing in Bitcoin. For example someone might buy Bitcoin today at a market price of $73,000 and then invest for a short period of time, say two weeks. During those two weeks, the market price sometimes drops to $68,000. So, we're looking at whether this is a short-term profit of course not. However if someone buys Bitcoin for a long period of time it's possible that in the first year the market price could reach $85,000. This could be a true profit they've earned after investing in Bitcoin. Therefore it's better to invest in Bitcoin with a long-term perspective.

Taking Little profits from your investment of just a year isn't investment at all. I would still keep that at a level of Trading, it seems you were just watching and waiting for it to climb, and once it did, you sold. In long term investment, you should be able to HODL your coins at least for a circle or more, that is 4yrs or above. In the long run, that is when the true worth of Bitcoin investment profit is seen since it may have approached another level of increase in market price.
I think the best is just to take our mindset off gains when starting, and focus more how best to invest and then set a target for yourself, and pursue the target. Profits will come at its own timing. Ours should be to accumulate and HODL

[Charcol]

Yes, it's true that if you want to invest long-term in BTC, you don't need to find the right time to buy BTC. Long-term investment in BTC isn't trading, which typically requires precise entry times. What's essential for long-term investors is discipline and making purchases using discretionary income or money you can afford to lose

The constantly fluctuating price of btc must be utilized effectively by ignoring price fluctuations when buying BTC. Indeed, sometimes if we wait too long for the market to fall, we don't buy BTC because even though it has dropped, we sometimes don't buy because we think it will fall further. This ultimately leads to a significant rise in BTC, leading to a purchase decision

It's not feasible for them to wait for the right time to buy Bitcoin. Those who invest long-term are guaranteed to have a stable cash flow. I say this because they definitely have money coming in just like they have a business with a daily income. It's natural for them to just buy without waiting for the right time.

Your idea that a long-term investor means that he will have a stable cash flow is not entirely correct. Stable income or stable cash flow is not a mandatory condition for investing, that a long-term investor means that he must have a stable income. If there is a stable income, planning can be easier. But if you mean that long-term investors mean those who will have a stable income or a stable cash flow, then those whose income comes irregularly will not be able to agree with your words. Because not everyone here can be expected to have a stable income. If the plan is right, he can be a long-term investor despite having irregular income. It does not matter whether the income is regular or irregular. Rather, if someone invests from his discretionary income, as well as keeps an emergency fund, understands his cash flow, and if the plan is strong, then whether the income is regular or irregular, he will definitely be able to hold Bitcoin for a long time.

[Proty]

If they consider profits to be part of the short term they're misinterpreting it. There's no specific guarantee for those who invest in short-term investments. Many who have experienced it will certainly still use the long-term approach. Therefore those who do or consider short-term investments as guaranteed are those who I believe don't fully understand the process of investing in Bitcoin. For example someone might buy Bitcoin today at a market price of $73,000 and then invest for a short period of time, say two weeks. During those two weeks, the market price sometimes drops to $68,000. So, we're looking at whether this is a short-term profit of course not. However if someone buys Bitcoin for a long period of time it's possible that in the first year the market price could reach $85,000. This could be a true profit they've earned after investing in Bitcoin. Therefore it's better to invest in Bitcoin with a long-term perspective.

Taking Little profits from your investment of just a year isn't investment at all. I would still keep that at a level of Trading, it seems you were just watching and waiting for it to climb, and once it did, you sold. In long term investment, you should be able to HODL your coins at least for a circle or more, that is 4yrs or above. In the long run, that is when the true worth of Bitcoin investment profit is seen since it may have approached another level of increase in market price.
I think the best is just to take our mindset off gains when starting, and focus more how best to invest and then set a target for yourself, and pursue the target. Profits will come at its own timing. Ours should be to accumulate and HODL

Those that have the mindset of taking profits from there investment within an interval of a year or anything below 5years are trading with bitcoin which is the same thing as gambling with bitcoin. There focus is supposed to be on continuous accumulation of bitcoin instead of thinking of taking profits from there investment at this early stage of there bitcoin investment. Therefore, what he described wasn't investing in bitcoin but trading.

[Renampun]

Talking about profit making all the time is not that encouraging here because most newbies will start thinking that Bitcoin investment is only about profit, and a narrative like that may push them into trading their Bitcoin for smaller gains, believing that it's the best way to go about their Bitcoin investment, while in reality not everyone thinks that way, because it's seen as a store of value to most investors than just for profit making.

One thing that needs to be understood for newbies of Bitcoin is that it is not only for investment alone, because if we put Bitcoin in a box like that, then we are really belittling Bitcoin.. but more than that, Bitcoin is bigger than just an investment alone, since people can use it to store value in their currency which experiences inflation over time.. they can use it for financial freedom where they can control their own assets without having to rely on third parties like banks.. it can also be used for borderless transactions where one can send money to another person without the hassle of high fees or long processes, and various other things that Bitcoin offers. so actually Bitcoin is bigger than it seems, and making it an investment is just one small side of its potential.

[PhilosopherKing]

Those that have the mindset of taking profits from there investment within an interval of a year or anything below 5years are trading with bitcoin which is the same thing as gambling with bitcoin. There focus is supposed to be on continuous accumulation of bitcoin instead of thinking of taking profits from there investment at this early stage of there bitcoin investment. Therefore, what he described wasn't investing in bitcoin but trading.

Any person that is going into bitcoin have to know that there is time for everything. When a person is starting, that time is the time for them to just focus on ongoingly investing so that they can build their stash up to a sensible figure. And there is a time for taking profit, so a person should not combine these two together. When It is time to invest, they should ongoingly invest and put profit taking out from their minds.

Five years is not even the benchmark for taking profits. If after five to eight years and person bitcoin stash is still low, that person should continue investing ongoingly and also stay the hell away from taking profit because taking profit can collapse person bitcoin investment pretty quick.

[Umulala-alala]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

It is not all investors that are into bitcoin investment because they want to make profit. So you are wrong to think that everyone that invested or holding bitcoin is doing so because of profits. An investor can be holding bitcoin because they want to retain value or wealth and bitcoin has proven it's worth as a good store of value. Apart from this bitcoin is decentralised in nature and anyone that value privacy most will definitely wants to invest and hold on to bitcoin and just because of profits.

Those who focus more on profit making in bitcoin are gamblers this usually makes them to sell when they see a little increase in the price of BTC along the line they also sell in lost when there expectations are not working out for them, BTC is also a store of value. A long time investor doesn't put attention in profit making knowing that even profit is not even guarantee but only hoping they will not also regret in investing on such a potential asset like bitcoin, looking from the history of bitcoin it has always been favorable to long time holders, if it doesn't also favour them there will be no much panic because from the beginning they already know that nothing is guarantee and provided they also invested with there discretionary income.

[ejikeme24]

Talking about profit making all the time is not that encouraging here because most newbies will start thinking that Bitcoin investment is only about profit, and a narrative like that may push them into trading their Bitcoin for smaller gains, believing that it's the best way to go about their Bitcoin investment, while in reality not everyone thinks that way, because it's seen as a store of value to most investors than just for profit making.

One thing that needs to be understood for newbies of Bitcoin is that it is not only for investment alone, because if we put Bitcoin in a box like that, then we are really belittling Bitcoin.. but more than that, Bitcoin is bigger than just an investment alone, since people can use it to store value in their currency which experiences inflation over time.. they can use it for financial freedom where they can control their own assets without having to rely on third parties like banks.. it can also be used for borderless transactions where one can send money to another person without the hassle of high fees or long processes, and various other things that Bitcoin offers. so actually Bitcoin is bigger than it seems, and making it an investment is just one small side of its potential.

Surely, aside from investment bitcoin has other significant roles to play; just like you said about transaction, of course bitcoin was created to allow users to send and receive funds directly without relying on traditional bank I think this is the main reason why it was created, it was later we discovered that bitcoin have more to offer, some discovered that it is a hedge against inflation so there are other roles that bitcoin is playing but it is Left for you and I to decide the one to go for you can choose to use it as a store of value due to inflation or for investment the choice is all ours.

[Cryptoprincess101]

Surely, aside from investment bitcoin has other significant roles to play; just like you said about transaction, of course bitcoin was created to allow users to send and receive funds directly without relying on traditional bank I think this is the main reason why it was created, it was later we discovered that bitcoin have more to offer, some discovered that it is a hedge against inflation so there are other roles that bitcoin is playing but it is Left for you and I to decide the one to go for you can choose to use it as a store of value due to inflation or for investment the choice is all ours.

Bitcoin as a hedge against inflation is due to the capped 21 million bitcoins to be mined (which about 20 millions has already been mined) because it makes it difficult to be over supplied unlike fiat currency that is being printed excessively which leads to over circulation and gives rise to inflation. Of course, people can choose how they want to use their bitcoins either for the sole purpose, which is as an alternative payment method in order to ensure transparency, easier and safer transactions, or to hodl for a long term.

[Sonia_123]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

When we say bitcoin profit is not guaranteed it means the price is not stable, the price can go up and down for a long time more than how you expect it to be, it is highly volatile that is your purchasing value can drop due to market sentiment that will make you sell off at a significant loss,there by affecting your finance because bitcoin carried inherent financial risk and can't be certained that you will be selling your investment more than you bought, also if the investment is not going as being planed your funds cannot be refunded since it's transactions are irreversible but permanent.

[Razmirraz]

Talking about profit making all the time is not that encouraging here because most newbies will start thinking that Bitcoin investment is only about profit, and a narrative like that may push them into trading their Bitcoin for smaller gains, believing that it's the best way to go about their Bitcoin investment, while in reality not everyone thinks that way, because it's seen as a store of value to most investors than just for profit making.

One thing that needs to be understood for newbies of Bitcoin is that it is not only for investment alone, because if we put Bitcoin in a box like that, then we are really belittling Bitcoin.. but more than that, Bitcoin is bigger than just an investment alone, since people can use it to store value in their currency which experiences inflation over time.. they can use it for financial freedom where they can control their own assets without having to rely on third parties like banks.. it can also be used for borderless transactions where one can send money to another person without the hassle of high fees or long processes, and various other things that Bitcoin offers. so actually Bitcoin is bigger than it seems, and making it an investment is just one small side of its potential.

Selling Bitcoin too quickly for a small profit often causes beginners to miss out on the potential for exponential long-term growth. This view is very different from long-term investors, who view Bitcoin as digital gold or a store of value to protect wealth from inflation (not just a daily trading instrument). Beginner investors should understand more about Bitcoin as a long-term store of value, this is why professional investors choose the hodl strategy for several reasons such as fighting inflation, fees and taxes. Beginner investors should also avoid Timing Risk because the Bitcoin market is very volatile, those who try to trade often get caught selling at the wrong time and miss out on the momentum of the price rally.

[SPIDERMAN008]

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

Bro, if you have any valuable asset, then you yourself should take steps to secure that asset. If you have a gold bar, you should definitely not keep it in a place where it can be stolen or someone else can easily access it. Similarly, those who have invested in Bitcoin, with the passage of time, have got a proper idea about all these security issues. There are very few incidents of losing access to their wallet or losing their holding due to hacking for experience investor . Because now many people use cold wallets for security. Therefore, wallet security will not be such a big problem for a conscious investor, if he can save the seed phrases correctly. But if someone wants to invest for the long-term, panic selling or forced selling is the main problem. Therefore, in the case of investment, you should invest with discretionary income, form a backup fund and keep your mindset right all the time. Especially, you should never make any decision through emotions.

[Rebirth01]

The problem of some of these investors is that they put profit at the forefront of their Bitcoin investment, which is the main reason they sell or trade their Bitcoin, just because of minimal gains, because what's in their head is all profit, forgetting that it's not what we should be looking at when investing in Bitcoin.
Bitcoin as an asset is a store of value, and since it's decentralized in nature, it is the perfect luxury most investors want, because they are fed up by the fiat currency that is being controlled and manipulated by the government, unlike Bitcoin that you are the only one in charge of it, without no third party attached.

When you put profits at the forefront as an invested of focusing on accumulating you'll mostly get worried about the movement of the market which leads some investors to selling cheaply and forgetting that the goal was to hold long enough to meet their target, that's why I'll always support that profits shouldn't be the major worry of an investor but being focused on accumulating consistently to meet the target, if profits was the goal then selling early which also means selling at lose wouldn't be discouraged cause every investor would definitely make profit at some point, even when the tatget is not met.

It is not realistic that an investor will not want profit. People invest in Bitcoin because they expect their financial position to be good in the long-term and they can get profit. So having profit expectation is not a bad thing. But if an investor stops buying Bitcoin regularly after thinking about profit. Or if it has a negative impact on their regular DCA, then that profit expectation will cause a big problem in the investment. In the case of Bitcoin investment, profit is a possible outcome of long-term investment. But it is not guaranteed. But the main problem arises when this profit is made a short-term target and the mentality is changed. I mean the main thing is that it is good to think about making profit, but that will be in the case of after long-term accumulation, but if you think about profit in the short term instead of long-term accumulation, the investment can collapse.

When we say that profit isn't guaranteed in bitcoin even in long term investment we also need to understand that profit isn't guaranteed no matter what we do even outside bitcoin investment,no matter what a person does there will always be the risk of losing from it but with long term bitcoin investment this risk is relatively very low when people invest with their discretionary income, most of the times where long term investors don't profit from bitcoin investment is usually because they lost focus along the way or simply lost their wallet, so it's not that long term bitcoin investment wasn't profitable for them but more that they lost their bitcoin.

Every investor has one thing in mind which is making profit wheather long or short run it does not really matter much to them because at the end there is profit for them. Long term investment in Bitcoin allows you to monitor and control how you want to sell your Bitcoin. If there is no profit,then why do people invest in Bitcoin long run. Bitcoin has it's own risk and flaws so do fiat. Infact fiat flaws is worst because countries government will wake up one morning through their central bank and introduce one monetary policy that will make your investment in fiat worthless .

[Solokan]

Without making extra income, no one will purchase Bitcoin because the process or system is built for profitable reasons, Bitcoin are not for fancy in the digital marketing or wallets rather for buying and selling to make profit or increase one's income.[

I know we are a thread that say buy buy and sell well but that don’t mean you should mislead people with your trading mindset. Bitcoin investment basically is not about profit making but about having a well planned future, it about making sure you have something that is worthy in your future.

There a lot of people just like you who believe bitcoin investing is majorly about profit making but you guys are totally wrong. That mindset will only give you a wrong impression about bitcoin.

In my opinion, investing in BTC for the long term with the goal of making a profit is fine, as we all invest in BTC with the goal of profiting from our investments, whether it's to protect our money from inflation or to gain other benefits.

I still think that anyone who buys BTC for the long term is definitely looking for profit. If not for profit, what else is there to invest in? The point of investing in BTC for the long term is to make a profit. It seems like you have good insight, and I'd like to hear your explanation of the goal of long-term investment in BTC. However, if you're trading BTC for profit, I think it's also very risky, as many people have lost money due to short-term trading in BTC.