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

[Franklyn-wood]

It is very certain that in life when it comes to choices every one has their own opinion to follow, determining on how long their faith can carry them reach and why so many make a wrong foundation of Bitcoin investments because inability to capture the right information that could be more profitable to them in years to come, so with the  knowledge i have gotten so far about Bitcoin investments, i see Bitcoin investments as long term investment opportunities, which one need to invest without his discretionary income only because allover years it is believe only those investors that invest with their discretionary income that deal with long term investments.

Yes it is a long time investment rather than short investment for any one planing to investing Bitcoin.
Every long time investment should always be run withh discretionary funds, to do Bitcoin investment to avoid tension that could lead to selling out the investment to solve urgent situation faced with. Life is full of don't different challenges that could warrant one to sell out the coin out of duress.

[Itz-prisigold]

Bitcoin is a volatile asset so how do this people know when the price will go up or down. It's more like a guessing kind of think which is definitely a red flag. Quick money can make you rich in short period of time and can also make you broke to the core if you think of it as an opportunity to scale up. Those who managed to use that to scale up, if they continue using same strategy they might end up losing everything. However,  smart people would use the money to invest in a long term investment that is more secure than the short term trade.

I agree that short trading can turn into risky business if they view every price movement as a chance to trade.  But the issue is, if one trade is successful, it can generate too much confidence which can lead to the next trade being larger than it needs to be.

The true art of the game is to know when to quit and not to lower or increase your level of risk because of a few good hits.  It's easy to make money quickly, but more difficult to retain what you've made.

[SmartCharpa]

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.

Without a doubt. People are out there who are making huge gains from short term investments. But do you ever see where some of these traders ever mentioning the amount they lost from trading? I have never seen any of them say they lose so amount, they will just show what they gain, and it makes it look easier as if trading is an easy way to make money. But everything is a lie. I don’t believe what I see online, people hardly tell the truth, and the market cannot favour them every time.

Everyone will say that long term holding is better than short term investments because the higher the risk, the higher the chance of losing money. Trading definitely favours people who have the knowledge, but I will not consider it more better than long term investment because I also have friends who are into trading, and I know how much money they have lost.

[Zackz5000]

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.

We are not guarantee to make profit from Bitcoin even though we hold for long but from the process of Bitcoin it has been handsomely rewarding long time Bitcoin holdlers with profit so this is the advantage long time have over short time, those hustling for time gain mostly loss their money and when they make profit they make little profit while those accumulating and holding has an advantage of making more bigger profits .

[Sonia_123]

Involving yourself self in a short term like OP has said it is very risky, it is for those that understand it more better that is why I will advice to strictly be involved in a long term investment so that you will be rest assured of lesser risk and be focused with time of accumulating and holding properly instead of being scared at every point of losing your fund, although we can not denied the fact that holding for a longer term  doesn't have its own risk but can't be compared to short term.

Long term investment remains the best since it gives you the opportunity to invest more without panic of market price and has a good reward.

[Stormisover]

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.

Without a doubt. People are out there who are making huge gains from short term investments. But do you ever see where some of these traders ever mentioning the amount they lost from trading? I have never seen any of them say they lose so amount, they will just show what they gain, and it makes it look easier as if trading is an easy way to make money. But everything is a lie. I don’t believe what I see online, people hardly tell the truth, and the market cannot favour them every time.

Everyone will say that long term holding is better than short term investments because the higher the risk, the higher the chance of losing money. Trading definitely favours people who have the knowledge, but I will not consider it more better than long term investment because I also have friends who are into trading, and I know how much money they have lost.

I know of a person who is in to trading, most of the time he always honest to talk about his lost and also when he wins but one of the biggest challenge for him whenever he wins is that he always end up giving back to them as lost, that is to say every winning get to increase his confidence which gets him in to trouble, I found traders as people who doesn't just trade with the money they can afford to lose, this is desperation and very risky, no doubt people have make money through trading and it has also destroyed many and while it can never be more better than long term investment.

[Agbam]

Bitcoin is a volatile asset so how do this people know when the price will go up or down. It's more like a guessing kind of think which is definitely a red flag. Quick money can make you rich in short period of time and can also make you broke to the core if you think of it as an opportunity to scale up. Those who managed to use that to scale up, if they continue using same strategy they might end up losing everything. However,  smart people would use the money to invest in a long term investment that is more secure than the short term trade.

I agree that short trading can turn into risky business if they view every price movement as a chance to trade.  But the issue is, if one trade is successful, it can generate too much confidence which can lead to the next trade being larger than it needs to be.

No be like say short term trading can turn into a risky business, the normal natural state of trading Dey very risky because you’re making a decision on something volatile and unpredictable.

Yes the little wins have the power of increasing the greed of the trader; and an increased greed equals greater risk. It requires great deal of skill, knowledge and strategy to be profitable in trading but even at that n good trader is without a loss  but the good thing is they have more wins than loss.

[Swift_tr]

Bitcoin can either serve as a long term or short term investment based on the individual and the invested capital. Some people intend to hold long term while their are some who trade Bitcoin short term buying low and selling high to make quick profit. It is important to note that both long term and short term are not bad it all depends on the individuals and thier risk tolerance, purpose and knowledge available to them.

[Xackie]

Involving yourself self in a short term like OP has said it is very risky, it is for those that understand it more better that is why I will advice to strictly be involved in a long term investment so that you will be rest assured of lesser risk and be focused with time of accumulating and holding properly instead of being scared at every point of losing your fund, although we can not denied the fact that holding for a longer term  doesn't have its own risk but can't be compared to short term.

Long term investment remains the best since it gives you the opportunity to invest more without panic of market price and has a good reward.

Trading requires good amount of knowledge and mindset If their goal is to become profitable.  Short term investment or Trading is risky but can be reduced if traders follow up their plans and risk management's properly. It's those who are greedy, have Fomo that losses money the most.  As for me , I will always prefer long term investments over short term. You don't need to have deep understanding before you can start.  Moreover it allows investors money to grow without checking the market every few hours.  When it comes to short term investments , you can't use small amount of money to start because you might easily lose it (if you do high leverage trades) whereas in long term investment, you can start with any amount, but you will have be accumulating consistently to compound.  Even long term investment isn't risk free, what an investor needs to do is have proper backup funds and bills and needs take care off. To avoid panicking which can lead to selling at the wrong time. Guys who trade mostly has more loss than their win unlike long term investment .

[Asiska02]

Bitcoin is a long term opportunity and there is no two ways about it. The only reason some people don’t see the impact of bitcoin investment after investing for a very long term is their own perspective which they have around the coin which has not really given them a very good  outcome they’ve anticipated for. As a Bitcoin investor, make sure that you have everything well checked for a promising long term investment, anything left unchecked can actually affects the whole process and you may always find a reason to blame bitcoin even when the faults came from you and neglected from onset.

[Nheer]

Bitcoin is a long term opportunity and there is no two ways about it. The only reason some people don’t see the impact of bitcoin investment after investing for a very long term is their own perspective which they have around the coin which has not really given them a very good  outcome they’ve anticipated for. As a Bitcoin investor, make sure that you have everything well checked for a promising long term investment, anything left unchecked can actually affects the whole process and you may always find a reason to blame bitcoin even when the faults came from you and neglected from onset.

The key to a successful Bitcoin investment is not just how long you are able to hold for but how well you plan your investment journey. There are lots of challenges investors face when holding for a long time and it requires proper planning, discipline and patience to be able to survive that long. Many who have approached long term investment without proper planning end up selling prematurely even without reaching their target.

There is really more to investing than just holding. An investor need to make sure every other expenses are not affected so they are not forced to sell their holdings. They also need good financial management and also make provisions for emergency situations which are very likely to come up along the way.

[Oyoyoma_yu]

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, I quite believe what you are saying, but that is specifically for those who understand or know the exact time to buy, and the exact time to sell without attaching greed to that. During Bitcoin bear market, their are times when the price of Bitcoin will crash, and the market will become very red, this could happen within a short period of time, possibly within days, and if you are calculative enough to enter the market then, as the price reversed, and turn green, you could make some good cash from that. This method is moreoreless like trading, and is not favourable all the time. If you are new in Bitcoin investing, don't try this , otherwise you will loose your money, and possibly sell your Bitcoin asset at loss.

[Queen uloma]

I agree that a person can combine both long term holding and short term trading, but that doesn’t necessarily mean that everybody should rush into Short term trading. Short term trading has higher risk and it requires discipline, good knowledge, and good risk management.

 If a person knows what his doing, the profit can help them to accumulate more bitcoin, but it can still lead to big losses. So for me, long term accumulation remains the best, while in trading one need to understand it very well before trying it out.

[Umulala-alala]

I agree that a person can combine both long term holding and short term trading, but that doesn’t necessarily mean that everybody should rush into Short term trading. Short term trading has higher risk and it requires discipline, good knowledge, and good risk management.

 If a person knows what his doing, the profit can help them to accumulate more bitcoin, but it can still lead to big losses. So for me, long term accumulation remains the best, while in trading one need to understand it very well before trying it out.

How will that be possible to combine long term holding and trading it's sounds complicated to me because you can't be holding your bitcoin for long and at the same time selling in a short time. You could either be an investor or a trader you can possibly be both, bitcoin is long time investment even though some people trade for a short time, trading is for those who has understanding of the market with some level of knowledge about bitcoin price movement and trading is also too risky, buying and holding for long is certainly the best as it gives you some peace of mind not to be regularly monitoring the market.