Do you see Bitcoin as a short-term hustle or a long-term opportunity?

[Ishicryptic]

It depends on your preference so far your goal is to make profit, you can plan for short or long term strategy although short term strategy carries more risk than long term because Bitcoin is volatile. You don't control the market so you don't know how price will swing on the short term to present you a perfect opportunity to either enter or to take profit but for long term you have believe that Bitcoin will always reach ATH. Bitcoin investment is less risky than trading so you have to make up your mind on which to choose. I know people who hold Bitcoin as investment yet they trade crypto and forex, if you can combine them you can go ahead but if you want to make a choice I believe Bitcoin investment is better.

[Bigjoe33]

Doing this is very risky, if a low income person does this, then if he faces a loss, he can face a very big financial crisis. Many times it is seen that due to the profit, they become greedy and focus on trading instead of saving Bitcoin. This is the matter of taking oneself towards trading and going in front of the lion and saying that eat me. No one can ever handle the greed of money, no matter how wise a person is, whenever he sees money, he may become greedy. We always need to maintain distance from trading.

The best way for a person is to continue buying continuously and hold it for a long time. The risk in long-term investment is very low and the possibility of losing your money is very low. Whenever a person tries to step between two boats, he may not be able to manage either one properly. So it is best to focus on one side. And the best way for us to survive is to take the less risky and profitable option in the future

Short time trading no really easy like that ooo.. some people wey dey trade no go talk say Dem dey loss ooo. Imagine just yesterday and today, see where the tin don drop reach, and person wey buy the day before yesterday go dey think am and wish say make e come up. You see for me, I no get strength to give myself HBP oooo. To they monitor price and no wen u go sell no be small work ooo. Na so so everytime, you dey update to see wether e don climb or not, and if you see red flag movement, ewoooo, you go shout.

As for me and my household, lol, we see Bitcoin as a life time opportunity ooo, I no dey for collect small, buy again, do this one, and all the worry. Of course, nothing stops me from getting some chunk of my assets if I really need it and have no other means to survive, but to become a short time trader while I have means to survive, no way. It's long term thing.

[DiMarxist]

Bitcoin can only be a short term side hustle to those days traders which is risky if you ask me. Because Bitcoin trading is risky due to its volatile nature and will require a high level of expertise to trade successfully to come up with gain before you can consider it as a side hustle. Because seeing Bitcoin as a short term side hustle will mean that investors will be looking for opportunities just to make a quick profits and go out of the market. These sets of person's always follow the market and only enter the market when they feel that there is an appreciation in the price of Bitcoin. The best option when it comes to Bitcoin is long term investment which is key.

[Bitcoin.com97]

The fact still remain the same , the only way one can get good profits it’s from long term, long term is the real goal of Bitcoin , anyone that is hustling for short term is a trader ,because real investors won’t even think of selling instead they accumulate for as much as they want, but it all depends on individual and what they really want , but investing for long term is where one can get a good portfolio.

[Agbamoni]

How you see Bitcoin is based on what you do using Bitcoin. An investor will see bitcoin as a long-term opportunity to grow their finances. While traders will see Bitcoin as a short-term hustle to make wealth. Eventually, nothing stops us from being both. In fact, there are many people who are both investors and traders, with different portfolios serving different purposes. Irrespective of how we see Bitcoin, it is a rare gem. It's worth has no limitation.

[Makus]

If you are thinking about focusing on holding them it is important that you only invest for a long term because this is how you are going to get something substantial profits from it. You can make short term profits from Bitcoin if you are planning to trade, trading is quite different because whether you are into swing trade, day trade, spot and so on, all of these are short term but an investment comes with a long term opportunity. Bitcoin is a profitable investment, as a long term holder or investor you have an opportunity to make lots of profit

[Doan9269]

Bitcoin has been created and will always remain for us as long as we have the understanding of how it could be applicable for our use, this now depend on the area we wanted it to perform and how we are more in need of it within a particular area of our needs, this is why you will discover that some are trading while some are investing for a long time and either a short or for a longer the reason does not matter than we understanding the reason why we are taking any decision regarding Bitcoin in cryptocurrency, so that we can end up making profit instead of losing.

[AmaGold70]

It is important to know that every genue wealth is being created on long term planning, and on this note if you are looking quick way of making money which means Bitcoin is not for you. But if you are looking for a genue way of creating wealth on the long run, then investing in bitcoin is a great opportunity. There are many people who talk about bitcoin but everyone understands how bitcoin investing works. They talk about the price of Bitcoin, where it started and where the price is presently, and possibly where the price will be tomorrow. They know Bitcoin is a good asset to invest in, at the same time some of us have failed to engage in proper research to know how long it takes Bitcoin to rally and reach all time high.
Some of these people who want to invest in Bitcoin are impatient investors, and when they invest and did not see any profit on the short term, they feel very discouraged and even sell at loss.

[Bryan jessy]

Doing this is very risky, if a low income person does this, then if he faces a loss, he can face a very big financial crisis. Many times it is seen that due to the profit, they become greedy and focus on trading instead of saving Bitcoin. This is the matter of taking oneself towards trading and going in front of the lion and saying that eat me. No one can ever handle the greed of money, no matter how wise a person is, whenever he sees money, he may become greedy. We always need to maintain distance from trading.

The best way for a person is to continue buying continuously and hold it for a long time. The risk in long-term investment is very low and the possibility of losing your money is very low. Whenever a person tries to step between two boats, he may not be able to manage either one properly. So it is best to focus on one side. And the best way for us to survive is to take the less risky and profitable option in the future

Short time trading no really easy like that ooo.. some people wey dey trade no go talk say Dem dey loss ooo. Imagine just yesterday and today, see where the tin don drop reach, and person wey buy the day before yesterday go dey think am and wish say make e come up. You see for me, I no get strength to give myself HBP oooo. To they monitor price and no wen u go sell no be small work ooo. Na so so everytime, you dey update to see wether e don climb or not, and if you see red flag movement, ewoooo, you go shout.

As for me and my household, lol, we see Bitcoin as a life time opportunity ooo, I no dey for collect small, buy again, do this one, and all the worry. Of course, nothing stops me from getting some chunk of my assets if I really need it and have no other means to survive, but to become a short time trader while I have means to survive, no way. It's long term thing.

Yes, I believe the short term investment is very risk, and stressful as well and I wonder how the short term investors cope, because as a short term investor a person will always keep watch to observe the market, imagine the trauma they go through whenever the market price drops below the original price they bought it. The long term investment is a win win for me, because I do not want to get traumatized over monitoring the market price when I can just engage in long term investment and focus on other things without being bothered of any price drops, it is that easy. Though everyone has what works better for them, there are some short term investors who are doing great regardless. Everyone do with whatever that works for them.

[Pi-network314159]

I know many will belike I see bitcoin as a longterm opportunity (which actually true ). But it can be both , let’s be real to ourselves there are folks at there making money from short term market wave while still having some Bitcoin stack in their wallet for longterm gains and stuff .

Where folks missed it is focusing on shortterm alone , while you can actually do both yes it may not be for everyone only those who are knowledgeable to take good advantage of bitcoin . There some folks at there that are equipped with both fundamentals and technical knowledge about bitcoin, and some are even using that knowledge to make shortterm profits by trading (even making use of spot trading ) , yes it come with high risks compare to that of holding but (Life is inherently risky).  If you endup getting the hang of it , it can help improve your bitcoin accumulation.

This space is filled with various opportunities but how are you making use of it.

Well Bitcoin is not limited to only long term opportunity, it also gives opportunity for Short term gain. It only depends on your choice wether to chose a long or short term goal. Many guys are investors and yet traders but that doesn't stops them from their normal investment. The thing is that in this crypto space you need to be smart and wise to be able to make profit. The only reason why Long term is more emphasised is because it gives.more opportunity and reduce the risk of losing more money on trading plus emotional trauma you'll face when trading.

[Y3shot]

People make money from short-term profits from Bitcoin, and most of the time, these profits are small. Long-term profit can be compared to what is gained from short-term investments, especially when investing consistently.

In pursuing long-term profit, using the DCA method to accumulate Bitcoin and HODL is profitable; it is an achievement that can help one start something worthwhile. I think short-term profit will always be useful for small demands, but long-term profit is a true asset that can sustain one over a long time. That is why I will always go for long-term profit instead of short-term profit.

[Rockson1]

Bitcoin is a long-term opportunity whether we like it or not, individual investors perspective about Bitcoin investment differs but whichever way we see it, Bitcoin has always been a long-term investment, a good asset to rely on for a long-term considering the indisputable fact that it long term character has been proven overtime, if we can reflect on how long Bitcoin has been in existence, it's positive movement from then till now as we speak, we will easily be convinced that Bitcoin is actaully an opportunity for a long-term but only for those that understands the long-term potentials of Bitcoin investment, every investors has their decision but that will not prevent us from letting newbie know the right way Bitcoin investment can be followed.

[IceLincoln]

I know many will belike I see bitcoin as a longterm opportunity (which actually true ). But it can be both , let’s be real to ourselves there are folks at there making money from short term market wave while still having some Bitcoin stack in their wallet for longterm gains and stuff .

Where folks missed it is focusing on shortterm alone , while you can actually do both yes it may not be for everyone only those who are knowledgeable to take good advantage of bitcoin . There some folks at there that are equipped with both fundamentals and technical knowledge about bitcoin, and some are even using that knowledge to make shortterm profits by trading (even making use of spot trading ) , yes it come with high risks compare to that of holding but (Life is inherently risky).  If you endup getting the hang of it , it can help improve your bitcoin accumulation.

This space is filled with various opportunities but how are you making use of it.

Yeah you’re correct with your first line and that’s what most of us think and practice. Sure a lot of folks might want to dabble in short term goals and profits but it’s only a handful that really makes it in trading Bitcoin.
While you can ride the wave of price instability with all the knowledge of fundamentals and technical analysis, it wouldn’t save you from the market.
I see bitcoin as a long term hustle and a profit saving plan…. What I’m accumulating now is for the future.

[Humblevirus]

Do you see Bitcoin as a short-term hustle or a long-term opportunity?

As for me, I see Bitcoin as a long-term hustle, and my reason is that most of those making a reasonable amount of profit from Bitcoin are long-term holders. I have been following this approach, and it is working for me.The main reason why some experienced people always warn others to avoid short-term investing is because of the risks involved. Some people, after doing technical analysis, may believe that it is possible for Bitcoin’s price to rise. Because of this, they might go to great lengths such as taking loans or borrowing money to invest in Bitcoin, hoping that the price will increase within a certain period, as their analysis may suggest.

However, it is very possible for them to be wrong because Bitcoin is unpredictable. If their plan does not go well, they may be forced to sell at a loss, which will lead to regret.On the other hand, when someone invests for the long term, there is a higher probability of making profits. It is also less common for long-term investors to borrow money to invest in Bitcoin because they understand that it may not pay off quickly.Although someone can sell their Bitcoin along the way when the price rises, their main goal should not be short term gain. Instead, it should be focused on the long term.

[Lembo69]

Bitcoin is effective for both short-term income and long-term opportunities, but it depends on your ability to take risk. Those who understand trading and are good at it will see that they are playing with risk most of the time, and are often victims of losses. But those who do not know about the market will always suffer losses, it actually depends on experience, knowledge and practice. But a new trader can never be profitable in the beginning because he has to know about the market in the beginning.

Long-term investment that can bring a large amount of profit to an investor. But for this, that investor has to hold for a long time. Those who have spent a long time in Bitcoin have also made profits. In my personal opinion, I think it is better to use Bitcoin as a long-term opportunity. The reason for this is that it is better to invest in one place and stay in one place for a long time rather than playing with risks like trading. Even if you don't know much about the Bitcoin market, you know for sure that Bitcoin will increase in price at the end of its cycle. That's why I see long-term investments as an opportunity to profit.

[Tungbulu]

Well Bitcoin is not limited to only long term opportunity, it also gives opportunity for Short term gain. It only depends on your choice wether to chose a long or short term goal. Many guys are investors and yet traders but that doesn't stops them from their normal investment. The thing is that in this crypto space you need to be smart and wise to be able to make profit. The only reason why Long term is more emphasised is because it gives.more opportunity and reduce the risk of losing more money on trading plus emotional trauma you'll face when trading.

I don't know about other crypto assets in the space, but if there's one thing I've figured out about bitcoin is that it rewards consistency and patience more than smartness. Bitcoin wasn't originally created to be traded for profit or even a form of investment, but look at where we are now, it's no longer just a normal P2P asset alone as it was initially created to be, now there are several other opportunities that's that Bitcoin gives to us. So many people try to outsmart the market and others choose to just HODL on to it depending only on the long term potential of the asset and in the long run, we have seen beyond all reasonable doubts that it pays more to apply patience and discipline than smartness.

[PremiumcryptoHub]

To be honest with myself, I see Bitcoin investment as a long-term opportunity, as my investment journey is ongoing in exchange for a small amount of the country's local currency, the Naira. Therefore, it would be completely foolish to consider Bitcoin investment as a source of short-term income in this context. In fact, some of those who have both fundamental and technical knowledge about Bitcoin express their desire to hold on to their investment for the long term and I believe that if they can accumulate this asset in the long term through appropriate knowledge and discipline, it will lead them to the port of success.

[fredericktaylor]

To be honest with myself, I see Bitcoin investment as a long-term opportunity, as my investment journey is ongoing in exchange for a small amount of the country's local currency, the Naira. Therefore, it would be completely foolish to consider Bitcoin investment as a source of short-term income in this context. In fact, some of those who have both fundamental and technical knowledge about Bitcoin express their desire to hold on to their investment for the long term and I believe that if they can accumulate this asset in the long term through appropriate knowledge and discipline, it will lead them to the port of success.

From my point of view, Bitcoin always long-term investment, investing in Bitcoin with a short-term plan is absolutely not right, as this will increase the risk of investment, short-term investment in Bitcoin is nothing but foolishness. However, many investors consider themselves too clever, they invest with a short-term plan in the hope of getting rich quickly, but as a result they get nothing but losses.

When we invest with the right knowledge and a long-term plan and do not lose confidence in Bitcoin quickly due to market volatility, we can expect long-term profits from Bitcoin by patiently purchasing Bitcoin consistently and waiting for better times in the future. Success does not come quickly, it requires consistency, right knowledge,  discretionary money and patiently waiting for better times, which can lead to success.

[CryptoHeadlineNews]

I know many will belike I see bitcoin as a longterm opportunity (which actually true ). But it can be both , let’s be real to ourselves there are folks at there making money from short term market wave while still having some Bitcoin stack in their wallet for longterm gains and stuff .

Where folks missed it is focusing on shortterm alone , while you can actually do both yes it may not be for everyone only those who are knowledgeable to take good advantage of bitcoin . There some folks at there that are equipped with both fundamentals and technical knowledge about bitcoin, and some are even using that knowledge to make shortterm profits by trading (even making use of spot trading ) , yes it come with high risks compare to that of holding but (Life is inherently risky).  If you endup getting the hang of it , it can help improve your bitcoin accumulation.

This space is filled with various opportunities but how are you making use of it.

No doubt, the investment opportunities in Bitcoin are actually vast, apart from just mere holding it in your wallet while it's value fluctuates, but however, one thing you need to understand is the fact that it's risk is not the same, as it varies with respect to the profit potential of it. Because when it comes to profiting with Bitcoin short term, the common approach most people make is by trading it, of which it could be by arbitrage, spot or future trades. While secondly, in other to be able to benefit with Bitcoin short term, one need to be able to be good at analyzing the crypto market properly, knowing when it's value will rise, after having prior knowledge on all factors that usually caused it, so as to buy and hold, and likewise knowing when it's value will fall. So as to sell immediately short term. But in a nutshell, Bitcoin is my long term opportunity.

[Xackie]

‎I don't like short term moves, I cant deal with constant price movements , pressure to sell or buy. The risk is very high, the people who are involved into it stay glued to their chart 24/7, they lose more than win. There's no growth in trading because of constant losses. One of the reason why most newbies trade is because they want fast profits because of lack of basic knowledge about Bitcoin. As an investor the best option is long term holding. The risk is minimal compared to that of trading or short term moves, what you are just doing is buying regardless of the price with your DCA funds. There's no need to start panicking unnecessarily because of short moves. Long term is simpler and more stable. You just keep building your position over time and avoid too much noise.