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

[TokenTikas]

Both short-term and long-term approaches offer chances to make profit, as both are possible but if you focus on the short term, it tends to be more risky, while the long-term approach is more stable and easier to manage. Long-term planning gives a better sense of assurance, whereas short-term strategies come with higher risk, even though some people who understand bitcoin and the market very well can still make profit from it. Personally, I do not prefer taking high risks, so when it comes to bitcoin, I give more priority to the long-term approach.

[BitBakerr1]

Short term bitcoin investment, which is also known as trading is something that people are using to make money and it is working very well for them. However, the risk is too much a lot of people are losing money day by day because of trading and so it is advised to only focus on long-term bitcoin investment however, if you can manage the two at the same time comfortably, then you can do it, but I will advise that if you are trading use only 10% from your discretionary income to trade then use the rest 90% for a long-term investment. If you are doing this, you will not have any issue in the future but if you decide to use 50% from your discretionary income for trading and 50% for longtime investment then you will get yourself into a big mess, your financial status will be affected so to be in a safe side use 10% for trading and 90% for long term investment.

[Wiwo]

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 .

You mean to say the leverage trader's, yes this are set of bitcoin investors who gamble on the price of Bitcoin,  their are not actually investing in bitcoin since they dont buy bitcoin directly, but just owning a multiplier position in bitcoin,  the risk with trading is that even with your knowledge of the market, short term market uncertainty via volatilities could put you at risk of losing.

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.

For the newbies, trading the Bitcoin spot market is the most appropriate and less risky.

Those with knowledge can speculate the market via leverage positions for short-term gains, but should be well-grounded with various trading techniques and skills to succeed in that market.

[Stormisover]

Bitcoin can be used in both short-term and long-term, depending on the mindset of a person. Those who invest in the short term will have less profit potential and will have risk if the market starts to fluctuate, but will not lose money. And for those who plan for the long term, even if the market is volatile, the risk is much less and long-term investments always have more profit potential. Short-term investments are not very good, but here the impact on price fluctuations is high, resulting in a lot of risk. However, there are long-term benefits, an asset for the future that will give high profits and there will be no risk, so most people plan for the long term when investing and they hold Bitcoin.

It is not right to say that short term and long term are good or bad separately. Both have their own place. The risk is higher in the short term, but if you have the right skills, it is possible to make consistent profits from there. And the long term is certainly comparatively safe, but it is not exactly no risk either because market cycle, timing and patience are big factors here. Not everyone can hold on for the long term, and panic sells in the middle.

I doubt if there is anything like right skills that will put anyone in the position of consistentntly making profits in the short term, there can opportunity of making profits in the short term but saying it is possible to be making consistent profits is what I will not agree with you because even with skills it can not be as easy as you said it, chasing short term profit can be very difficult as it may not come as short as expected, I see Bitcoin as a long term opportunity as it is conservative and only those who can be patient can benefit from it.

[Cryptoprincess101]

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.

How much gain do those who trade bitcoin in the short term makes? I hold about a thousand dollars' worth of bitcoins for 6 months last year and i only gained $110 so is the $110 enough? Let's do it this way, if i were to withdraw my profits during when the price of bitcoin reached $126k and then i start accumulating for another 6 months again with the hope of the price increasing and i take another profits would it have been possible under this circumstance that the price fell to almost half of $126k? If you want to trade and take short term profits you can invest in some altcoins but for bitcoin i don't really see any profit to be proud of in the short term.

[Grace333]

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.

Exactly,bitcoin investment profits more in the long term though one’s profit may come from trading but it’s certain that trading involves a whole risk,and the chances of earning more profits isn’t an easy task.It requires deep learning and a lot of practices,anyways that’s not the point we’re talking about.Personally,I see bitcoin as a long term investment not an opportunity,because bitcoin investment isn’t a get quick rich scheme so I wouldn’t want to disturb myself with little profits that comes from the short term.

Those who think bitcoin is profitable to short term trade are delusional, they lack the experience and the reasoning to make cumulative calculation of how profitable bitcoin is. Short term exposes one to too much risk and short term traders and majorly emotional with their decision so the possibility of running at loss due to greed, fear or even over confidence is at the high whereas all you need to do as a long term trader is to have patience and long term goal, the price of bitcoin isn't any threat to those kind of persons.

[yixichloro2xx]

‎Its not a bad thing if someone is actually doing the two together. We humans have their choice so nobody can force us do anything. Yes people make profit from short term trading. In eyes it looks simple until emotions takes over , coz that's where the problem is. Because it makes people to lose focus and start trading against their own plan.  There's high chance of losing all your money in short term trading than you actually profit from it. I have also tried trading before but I couldn't continue due to losses. That's why I jumped into holding because it's more simpler and has high profitability if done properly. If you want to mix both, make you have rules and limits that you mustn't break.