No save money inside Bitcoin for short term use because of price dip

[Out of mind]

Bitcoin is one of the trusted and popular cryptocurrency among the best virtual currencies to invest in. Newbies have very little idea about investment for which they can't wait long to invest in Bitcoin and also can't follow their investment plan properly. Moreover, a new investor needs to know the market well in advance and have some knowledge about when the market volatility works. DCA should be adopted to invest in Bitcoin, but it is an easy way for an investor and here it helps him to reduce the risk. Moreover, one should not think of short term profit by investing in bitcoin, but it is best to wait for long term and hold till bitcoin market ATH. So I think if a new investor follows your advice and invests then he will surely get good profit from Bitcoin.

[AVE5]

Bitcoin is one of the trusted and popular cryptocurrency among the best virtual currencies to invest in. Newbies have very little idea about investment for which they can't wait long to invest in Bitcoin and also can't follow their investment plan properly. Moreover, a new investor needs to know the market well in advance and have some knowledge about when the market volatility works. DCA should be adopted to invest in Bitcoin, but it is an easy way for an investor and here it helps him to reduce the risk. Moreover, one should not think of short term profit by investing in bitcoin, but it is best to wait for long term and hold till bitcoin market ATH. So I think if a new investor follows your advice and invests then he will surely get good profit from Bitcoin.

Bitcoin has become one of the best digital investment due to the fact that it doesn't require technical investment techniques if not for accumulation techniques such as the Dca that's practically endorsed for newbie investors who can't afford to buy the satisfied amount of bitcoin to their assets at a higher price probably due to lack of fun to buy once and for all.
The basic fact newbies need to understand is that the market can't be controlled by emotional sentiments neither expected to actualize a quick goal but as a digital investment that grants your assets safe and maintaining potential increase of values despites its volatility unlike other cryptocurrencies or related digital trading that its volatility is extremely high with potential values to total lost. Perhaps, bitcoin isn't an investment technology for the greeds and impatient because investors could be panic to sell at lost due FOMO to a situation of market Dips but if patient and holds longer, definitely would sell at great profits because after a bear come the bull market events.

[Anayochukwu]

Bitcoin is one of the trusted and popular cryptocurrency among the best virtual currencies to invest in. Newbies have very little idea about investment for which they can't wait long to invest in Bitcoin and also can't follow their investment plan properly. Moreover, a new investor needs to know the market well in advance and have some knowledge about when the market volatility works. DCA should be adopted to invest in Bitcoin, but it is an easy way for an investor and here it helps him to reduce the risk. Moreover, one should not think of short term profit by investing in bitcoin, but it is best to wait for long term and hold till bitcoin market ATH. So I think if a new investor follows your advice and invests then he will surely get good profit from Bitcoin.

Bitcoin has become one of the best digital investment due to the fact that it doesn't require technical investment techniques if not for accumulation techniques such as the Dca that's practically endorsed for newbie investors who can't afford to buy the satisfied amount of bitcoin to their assets at a higher price probably due to lack of fun to buy once and for all.
The basic fact newbies need to understand is that the market can't be controlled by emotional sentiments neither expected to actualize a quick goal but as a digital investment that grants your assets safe and maintaining potential increase of values despites its volatility unlike other cryptocurrencies or related digital trading that its volatility is extremely high with potential values to total lost. Perhaps, bitcoin isn't an investment technology for the greeds and impatient because investors could be panic to sell at lost due FOMO to a situation of market Dips but if patient and holds longer, definitely would sell at great profits because after a bear come the bull market events.

Even as a new investor in Bitcoin I won't even think of going for short term investment strategy because during my research I have seen that short term investment in Bitcoin is more risky. High risk and high reward but the reward part doesn't come easy because the investor stand a chance of losing both the profit and capital in the twinkle of an eye and except other coins, investing in Bitcoin should always be in a long term investment plan for better benefits, I adopted DCA the moment I made up my mind to invest in Bitcoin and it has been working for me.

[Mate2237]

Many people wey like to invest in bitcoin, like to invest for short term because them want to use the money buy something and dem think say Bitcoin go give dem very huge amount of profit at the short term investment. So me I no dey tell the to invest I short term but long term investment nai I dey tell dem to invest so that the profit sef go big small. And nai make if any newbies want to invest in bitcoin they should know the advantages of short and long term investment so that when they want to start they should know which one to start with.

But best of them all is long term investment because the benefits are more.

[Sonia_123]

The reason why most persons save for a short term is because they don't have a lot of fund on them,the little the have, they don't want to loose it since it will be disastrous ,also some of them borrowed the money to invest on the short term in other to have extra fund no matter how little that comes out,they can manage it with their lives in other to  meet up their daily expenses and for them not to go bankrupt,for they feel that little drops of water makes a mighty ocean. Long term saving will have to take a very long time before they can access it, though it's more profitable than short term

[Barikui1]

Bitcoin na one of di best investments wey anybody fit to enter but many newbies no know say e de better to hodl am for long term. Unto say Bitcoin de volatile dat na why e de advisable to hodl am for long term because na store of value wey de take long term to reach new ATH price and give better ROI.

But I don notice say many newbies wey I know for Bitcoin matter no get knowledge about how e de work, dem de buy Bitcoin with money wey dem wan use on the short term because dem hear say e de profitable. I believe say na only wen we enter bull run proper wey Bitcoin price go de surge steadily na im investors fit to take chances to invest money for short term profits.

Nobody know exactly wetin Bitcoin price go be in di next 24 hours, weda e go pump or dump, na only speculations and predictions we fit to do. Dat na why newbies need to understand say e no de advisable to invest in Bitcoin on a short timeframe because di price fit to dip wen dem wan use di money. Invest di amount wey you fit to put aside, preferably do DCA method and no plan to sale am on the short term. Na my advice to newbie investors.

My brother, you don talk well, almost all newbies investors believe say once them invest in Bitcoin, them go just grow rich overnight, them no know say Bitcoin investment no dy easy like that, you need to hold for a very long period of time to reap the full dividend of your investment, and as such e no dy encouraging to invest money wey you wan use in a week or monthly time, because due to the volatile nature of Bitcoin, when you wan sell and use the money, the price of Bitcoin fit don drop wetin no nice, and your money go also drop, so at that point,  you will be forced to sell at a loss because you definitely need the money badly, so na very nice update be this wey the op of this thread share with us.

And lastly, the way Bitcoin is structured, if you really want to benefit from it, the best way to go about it is to think of holding for a very long period of time, because short term thinking na for traders and e no go give you better results as long as na Bitcoin investment.

[Jerrycrypto2024]

Op waiting you dey Yan na truth but the only issue way most newbies have is financial imbalance also not far from FOMO issue too as they may not truly detect the right direction to go if not with a post like this you made, before now I was of poor thinking of selling my holding once I see little increase but with several information encounter here I see my plan as wrong direction to take, that makes me believe that failure of been informed on a particular thing is a failure for not succeeding even when others succeed on that particular thing.

There is no result of short term can be merge or compared with long term venturing into Bitcoin investment required good knowledge about long term holding and also removing the mind of selling off asset or taking profit in short term just as a discussion and many post advise on other sources of income when holding BTC , that is the right thing that can scale through any one who desire the long term hold or else unforeseen circumstances will destroy the plan along the way in my opinion good knowledge is very important and one must not solely depends on the investment made on BTC as only source of sustainability.  So that the long term holding can be actualize as that is true way if making it huge in the BTC system.

[Odohu]

The reason why most persons save for a short term is because they don't have a lot of fund on them,the little the have, they don't want to loose it since it will be disastrous ,also some of them borrowed the money to invest on the short term in other to have extra fund no matter how little that comes out,they can manage it with their lives in other to  meet up their daily expenses and for them not to go bankrupt,for they feel that little drops of water makes a mighty ocean. Long term saving will have to take a very long time before they can access it, though it's more profitable than short term

All you have described are things that should make one not to invest in Bitcoin just yet. If you do not have enough money to solve your basic problems like food, shelter, medicine and others, what are you doing talking about investment? Furthermore, when you borrow money to invest in Bitcoin, what guarantees doe you have that the investment will be able to generate profit to pay back the borrowed money and the interest? Therefore, borrowing should never be an option for anyone willing to invest in Bitcoin neither should you think about investing when you do not have enough money to cover your basic needs and possibly leave some to serve as reserve funds.

[Cryptomultiplier]

Bitcoin is one of the trusted and popular cryptocurrency among the best virtual currencies to invest in. Newbies have very little idea about investment for which they can't wait long to invest in Bitcoin and also can't follow their investment plan properly. Moreover, a new investor needs to know the market well in advance and have some knowledge about when the market volatility works. DCA should be adopted to invest in Bitcoin, but it is an easy way for an investor and here it helps him to reduce the risk. Moreover, one should not think of short term profit by investing in bitcoin, but it is best to wait for long term and hold till bitcoin market ATH. So I think if a new investor follows your advice and invests then he will surely get good profit from Bitcoin.

This topic is well directed at the newbies because it is assumed that the oldies already have an idea or experience or indepth knowledge of how to make best profit from Bitcoin since it has been successful so far and has achieved more than a mile stone when it comes to the emergence of cryptocurrency and the innovations of web3 , Blockchain and virtual reality projects.

Besides the strict demand for discipline that a DCA strategy would require when an investor aims for close to a decade in wealth accumulation plan through investing in Bitcoin, the lump sum strategy and the hybrid strategy of investment would do, but the bottom line is that, Bitcoin investment is more profitable over a long term accumulation plan.

[Hatchy]

Nobody know exactly wetin Bitcoin price go be in di next 24 hours, weda e go pump or dump, na only speculations and predictions we fit to do. Dat na why newbies need to understand say e no de advisable to invest in Bitcoin on a short timeframe because di price fit to dip wen dem wan use di money. Invest di amount wey you fit to put aside, preferably do DCA method and no plan to sale am on the short term. Na my advice to newbie investors.

First thing every newbie should have in mind is that investing in BTC with little capital and hoping to get much is like a waste of time. You can't expect your $10 to flip to a million in a bull, it will probably give you like $5 or $10 profits but then that's not what we want to call profits. This is reason why you continue accumulating more coins, awaiting the next bull season. This way your profits will be big and you can decide to withdraw it leaving your initial capital. Again, investment should be done with money we don't have much to do with on a long term. It should be money you have already made available for buyung BTC. That because the market is volatile and you might not see your money in the market for a long time maybe I'm the bulls.

[MainIbem]

Bitcoin na one of di best investments wey anybody fit to enter but many newbies no know say e de better to hodl am for long term. Unto say Bitcoin de volatile dat na why e de advisable to hodl am for long term because na store of value wey de take long term to reach new ATH price and give better ROI.

But I don notice say many newbies wey I know for Bitcoin matter no get knowledge about how e de work, dem de buy Bitcoin with money wey dem wan use on the short term because dem hear say e de profitable. I believe say na only wen we enter bull run proper wey Bitcoin price go de surge steadily na im investors fit to take chances to invest money for short term profits.

The earlier wey newbies understand say volatility na the nature of Bitcoin, the better for them else them go continue to dey mistakes with their investment plan all in the name of volatility. For person to consider Bitcoin as a store of value, you must think of long-term and I done see say that na wetin some investors now understand, that's why dem go rush sell their holdings whenever price drop. I done also notice say why many investors dey panic sale when price drop na because of say dem dey go into Bitcoin investment with too much emotions, to become a Bitcoin investor you must kill your emotions, overlook pressure from the market (volatility) then get patience since Bitcoin investment na for long-term goal. Na true you talk say many newbies no get proper knowledge about Bitcoin before they invest and most of them rush into the market due to influence from the media or desperation to make quick money though Bitcoin, without making proper findings about wetin them dey do, that's why them dey reason short-term instead of the other way round.

[Yucky]

Indeed, Bitcoin is a long-term investment, but the reason why people go into it in the hope of getting money within three months is because they heard the investment pays, like if you see people that are making money from Bitcoin it looks like they did ritual, so some people don't confirm, they just jump in and they want to make that kind of money that looks like blood money, but it is legit.


So, indeed, before anybody invests in Bitcoin, I advise they talk to somebody that has advanced in Bitcoin, like really have a conversation with them: how long it took them to get their first investment return, what you should know about budget investment, how to position your mindset for the best and worst, basically everything about it, how to hodl, how to trade, especially how to have a strong mind, because Bitcoin investment is not for the faint-hearted.


Especially when the market dips, I see people losing appetite, some people even crying, some getting lost in thoughts because the market dipped, and these are even people that are into the investment; talk more of people that just started, that means they will just faint.
So, before you invest in Bitcoin, I will advise you talk to an experienced Bitcoin trader, like, to guard yourself before you start. It is very profitable, but you have to go with the right mindset and directives, right on time.

[Tmoonz]

Bitcoin na one of di best investments wey anybody fit to enter but many newbies no know say e de better to hodl am for long term. Unto say Bitcoin de volatile dat na why e de advisable to hodl am for long term because na store of value wey de take long term to reach new ATH price and give better ROI.

But I don notice say many newbies wey I know for Bitcoin matter no get knowledge about how e de work, dem de buy Bitcoin with money wey dem wan use on the short term because dem hear say e de profitable. I believe say na only wen we enter bull run proper wey Bitcoin price go de surge steadily na im investors fit to take chances to invest money for short term profits.

Nobody know exactly wetin Bitcoin price go be in di next 24 hours, weda e go pump or dump, na only speculations and predictions we fit to do. Dat na why newbies need to understand say e no de advisable to invest in Bitcoin on a short timeframe because di price fit to dip wen dem wan use di money. Invest di amount wey you fit to put aside, preferably do DCA method and no plan to sale am on the short term. Na my advice to newbie investors.

Even though say this talk don plenty every where about people not to invest in Bitcoin for short term plenty people will not listen but however, it really worth reminding people about the risk involvement of their actions, Bitcoin is a coin that is best appreciated when approach with a long term intention hence it is very wrong if anyone invest in it thinking that it is a quick money making scheme, patient is needed, consistency to enable us increase the size of of our Bitcoin even as we are holding, that is the reason it is always advisable to invest with an amount we are not going to make use of, outside seeing Bitcoin as an investment, it also have so many potentials, it servers as a store of value and so many others.