01-21-2022, 01:16 PM
It’s crazy how fast people lose faith in a long term investment
<!-- SC_OFF --><div class="md"><p>Any investor that’s been in the market and made money knows that nothing matters but time. It is a fact that bitcoin trends higher with time. Therefore in a year or so we will be laughing at these prices. </p> <p>We all say we’re long term investing, but I don’t think people know what a long term investment means. </p> <p>This means no matter what happens, YOU DO NOT SELL. Your scope is 5-10 years maybe even 3 but that’s what a long term investment is. You don’t just start selling at a loss at the first sight of trouble. </p> <p>Bitcoin trends up with time. If you want to win you must HODL and buy more. These are the times when millionaires are made. </p> <p>You will be rewarded for buying into fear. This is not hopium, this is a fact. Throughout history whenever markets have crashed, the ones that had money to buy the crash always came out on top. Nothing is lost until you sell.</p> <p>As much as this sub preaches buy high sell low. Profits are taken at the top, not at the bottom. Bitcoin will survive and recover. </p> <p>However the people who bought alts that have no purpose but hype at ATH’s are in for a rude awakening.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cryptochacha"> /u/cryptochacha </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s968ad/its_crazy_how_fast_people_lose_faith_in_a_long/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s968ad/its_crazy_how_fast_people_lose_faith_in_a_long/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Any investor that’s been in the market and made money knows that nothing matters but time. It is a fact that bitcoin trends higher with time. Therefore in a year or so we will be laughing at these prices. </p> <p>We all say we’re long term investing, but I don’t think people know what a long term investment means. </p> <p>This means no matter what happens, YOU DO NOT SELL. Your scope is 5-10 years maybe even 3 but that’s what a long term investment is. You don’t just start selling at a loss at the first sight of trouble. </p> <p>Bitcoin trends up with time. If you want to win you must HODL and buy more. These are the times when millionaires are made. </p> <p>You will be rewarded for buying into fear. This is not hopium, this is a fact. Throughout history whenever markets have crashed, the ones that had money to buy the crash always came out on top. Nothing is lost until you sell.</p> <p>As much as this sub preaches buy high sell low. Profits are taken at the top, not at the bottom. Bitcoin will survive and recover. </p> <p>However the people who bought alts that have no purpose but hype at ATH’s are in for a rude awakening.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/cryptochacha"> /u/cryptochacha </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s968ad/its_crazy_how_fast_people_lose_faith_in_a_long/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s968ad/its_crazy_how_fast_people_lose_faith_in_a_long/">[comments]</a></span>Kind Regards R