Before diving into anything, especially when we lack knowledge, its only right to conduct thorough research before making an investment decision.
As investors, our primary goal is to gain returns based on our capital.
Investing just because you heard something from someone without thinking about its actual potential is a huge risk. While Bitcoin is proven and tested
For the long term, the key is having a clear target: when do you plan to sell, and how many years are you willing to hold?
Research is key, but Bitcoin's value goes beyond timing. It's rooted in scarcity and game theory. Most overlook how fixed supply forces discipline. Understanding this makes patience strategic. Newcomers often chase quick gains like a lottery ticket. But exchanges profit from those fees and liquidations. Self-custody isn't optional-it's foundational. Write your seed phrase on paper, store it securely, and ignore daily price swings. The real risk? Acting without grasping why its design makes it antifragile. Study the economic model, not just price charts. That's how you build conviction to hold through cycles.
Many treat Bitcoin as speculative hype. But its fixed supply creates a different dynamic. Investors learn discipline when they grasp this. Newcomers might chase overnight gains, but exchanges capitalize on that volatility. Self-custody matters because it's the foundation of ownership. Avoid digital storage-paper and secure hiding spots are safer. Daily price swings? They're noise. The bigger risk is misunderstanding why Bitcoin's structure makes it resilient. Focus on its economic principles, not just charts. That's how conviction forms