Many people don’t buy Bitcoin they rent It

[tabas]

Some newbies might overreact, but it’s also about how they learn from these experiences. Panicking can be tough, but staying in for the long term with a solid plan can really pay off. Just keep learning and refining your strategy as you go

Choosing long term really pays off. We've known that until we get to experience it. That's why the wisest choice is to hold long term. Some are thinking of simply trading it in a short period of time and they'll keep on repeating that. They think it's easy to do but it's not. The panic at the start is a normal decision that they'll soon change when they have already come up with a plan on what is the desirable and best decision by staying invested to Bitcoin. It will eventually gone and they'll become one of the most patient investors ever after learning that.

[Fivestar4everMVP]

People say they “hold” Bitcoin… but the truth is, they only own it emotionally until the next price dump scares them out

They buy during excitement, feel like long term investors for two weeks, start talking about financial freedom… then the market turns red and suddenly conviction and the " investor" in them disappears. Panic takes over.

That’s not ownership… that’s emotional renting.

Real ownership means understanding what you hold and why you hold it. It means preparing for volatility before it comes, not crying after it happens, It means DCA with patience… not buying with fear and selling with regret.

Many people think the hardest part of Bitcoin is price analysis, but honestly, the hardest part is controlling yourself.

Bitcoin tests discipline more than intelligence.
Most times, the market is less about strategy and more about emotional stability.

Whats your opinion

You are right any way, for bitcoin knows exactly how to reward those who are patient.
Anybody who claims to be a bitcoin investor but can't hold through a bitcoin storm is not really an investor yet, people who are fearful to invest in bitcoin during a dip but would rush to sell at a loss what they bought at the top and held, how does such a person plan to make money from investing in bitcoin?

No body, no matter how intelligent will make money through buying high and selling low, the only thing they will incur is loses all the time, whoever is coming into the market to invest in bitcoin must first learn and possibly master the rudimnents of investing, they must learn that dips shouldn't be treated as a threat but rather as an opportunity to buy more bitcoins at a cheaper price to continue holding until price starts to rise significantly.
People who make real money from bitcoin investment during bull runs obviously did not fomo while or when the price of bitcoin was going up, they took their time and money buying the dips, and this is where good profit is made from.

[Patikno]

People say they “hold” Bitcoin… but the truth is, they only own it emotionally until the next price dump scares them out

They buy during excitement, feel like long term investors for two weeks, start talking about financial freedom… then the market turns red and suddenly conviction and the " investor" in them disappears. Panic takes over.

That’s not ownership… that’s emotional renting.

People like that are just FOMO (fear of missing out) types, and they don't understand Bitcoin fundamentally. If they understand Bitcoin (at least fundamentally), then they shouldn't panic when the price drops, and instead see opportunities in it. I once read a post talking about; "Bitcoin isn't for everyone", and I am sure those with FOMO are included in what is read in that matter.

Basically, investing in Bitcoin isn't as easy as turn the palm of the hand. It requires mental preparation to run it smoothly, especially over the long term. Therefore, try to learn the basics first, then move on to more advanced levels (including learning about investment strategies). By that way, I am sure they will be thoroughly prepared to invest in Bitcoin, and ready to reap the rewards in the future.

[SeriouslyGiveaway]

People like that are just FOMO (fear of missing out) types, and they don't understand Bitcoin fundamentally. If they understand Bitcoin (at least fundamentally), then they shouldn't panic when the price drops, and instead see opportunities in it. I once read a post talking about; "Bitcoin isn't for everyone", and I am sure those with FOMO are included in what is read in that matter.

When people started without good preparation, their motivation of joining this market is likely only profit while they did not understand about Bitcoin, this market, risk that always exists and possibly triggers market corrections, crashes or bear market any time. Without solid preparation, including psychological preparation, during such market chaos, such people will easily feel fearful and they will humanly make panic sell for exiting the market as soonest as they can.

Basically, investing in Bitcoin isn't as easy as turn the palm of the hand. It requires mental preparation to run it smoothly, especially over the long term. Therefore, try to learn the basics first, then move on to more advanced levels (including learning about investment strategies). By that way, I am sure they will be thoroughly prepared to invest in Bitcoin, and ready to reap the rewards in the future.

Surely people have to learn about Bitcoin, the market but they must learn about market psychological cycle too.
Wall Street cheat sheet: The psychology of market cycles.
The psychological pitfalls of market cycle.

[Peanutswar]

So basically, they are trading based on their emotions. If you are a trader you must need to know what's your agenda with the coin if this just for ride on the trend, you are hodling for a long term or basically use for your transactions. People get hyped for a coin and suddenly because of being greedy they dont take profit they still hodl their position reason their investment get trapped with the market ending once the market turns down, they panic sell and cut losses instead analyze first their strategy with their investment.

[rbynxx]

Most times, the market is less about strategy and more about emotional stability.

Whats your opinion?

I agree with you in this one, I may be a hypocrite but I have been this in the past and only regrets comes afterwards. It was just a matter of time before you finally get that 10x but we're just human and being impatient is so natural even so we're talking years here. Threads like this reminded me about that meme of a guy that stopped before getting those diamonds inches from where he's digging.