Bitcoin was created as an alternative currency to fiat but due to the potential of bitcoin, the value of bitcoin increases with time line, and this has made people to use it more as an investment than using it for daily transactions.

Bitcoin investment is like a physical investment that needs time to grow before you can start reaping the profit, but is you just started a business and the business is in it's baby state, and you decide to start using the investment to take care of some bills, it means that the investment will crash.

This is the same with bitcoin, and this is why you must invest in a long term so that you can limit the risk and be sure of some profit in the long run. The investors that are in good profit are those that bottom during 2022 bottom line of 16k, and those that are hodling for up to two cycles now. However, it is not still late to benefit from bitcoin if you start now.

To each his own, as much as we wanted to HODL for long term, but just imagine what kind of market will be for Bitcoin if everyone is just buying and there's no seller in the market? Right, and so this is why the market is very volatile, one of it's nature that most of us take advantage of it, some sellers and then others waiting to scope that BTC and fill their bags. For those who are holding it though, not the right time to sell, unless it's necessary (there is an emergency and you needed more money). But the best selling time is near the top of the bull run, you just have to time the market, or just sell in small portions, in my opinion. Anyhow, still plenty of time to accumulate sats before the halving in April.

This post should have been on Bear market not now on Bull market

For short investor the best way for now its ALT SEASON Like if u remember on last bull run that Shiba gained 350.000% within 1 year

see more for Alt SEASON
https://www.blockchaincenter.net/en/altcoin-season-index/

I personally also only invest in bitcoin for the long term. Because we can't expect much in short-term bitcoin investments. Because bitcoin price movements tend to have the same cycle for every bitcoin halving. So it becomes more profitable if stored for the long term. In the short term, I think we can still hope for far more from altcoins even though they have the same big risks. But in the long term Bitcoin has proven that loyal holders always have a profit as long as they hold strong until the target price is reached.

That's not really a long-term investment, that's only 1-2 years and long-term is like 5-10 years. Day trading is a very bad idea, and trying to predict weekly or monthly trends is not much better, but betting on the halvening cycles isn't bad even for beginners. Most important is not getting too greedy and actually sell during the bull run, and then not get too greedy in the bear market and buy before the price starts bouncing back.

Bitcoin wasn't designed for short term investment, more typically it was created as an alternate currency against the shortcomings of fiat currency with it's proneness to inflation and centralized regulations that takes financial freedom and privacy out of the  hands of the ordinary man. Gradually with the value bitcoin started to gain investors rather now saw it as an hedge to profit making through a long time holding duration of the coins. Bitcoin is nothing like altcoins and if anyone would make tangible profit it's only through a long time holding strategy and you can do that through DCAing and lump sum buying.

OP may be predicting the price based on the history of Bitcoin. We all know that we cannot accurately predict the future price of Bitcoin but the currency has a cycle that it has always followed. Even with the current price, Bitcoin has already started changing the financial lives of many people.  


The price of altcoins might grow higher within a short period but one also needs to be concerned with the risk of investing in these altcoins. One also needs some skills or experience to be able to navigate the altcoin sector, which makes it a highly risky area for newbies.

Your perspective on long-term Bitcoin investment is insightful, emphasizing the historical trends and the potential for significant returns. While the idea of holding for the long term has proven beneficial for many, it's crucial for every investor to approach cryptocurrency with careful consideration. The market's volatility and unpredictable nature require thorough research, risk assessment, and an understanding of individual financial goals. Diversification and staying informed about market dynamics are key elements in navigating the cryptocurrency landscape. Your advice to potential investors to make informed decisions and prepare for market fluctuations is well-noted. As always, it's recommended to seek professional advice and stay updated on market trends before making any investment decisions.

Everyone has different plans and strategies in treating Bitcoin and all of them aim to make a profit, and this is the beauty and freedom of Bitcoin's existence.
However, we will never know for those who use Bitcoin for trading, short, medium and long term whether they use Bitcoin for transactions because we know that Bitcoin was created as an alternative currency.
And I think they will definitely use it if they have to use Bitcoin for transactions and both parties use Bitcoin and have Bitcoin wallets, and the right reason is probably because Bitcoin is still not allowed to be used as a transaction tool. And it may only be used for individual transactions if Bitcoin is prohibited from being used as a means of transaction, and if it is allowed, perhaps only a few shops or sellers will accept Bitcoin as a means of payment.
So in my opinion, even though Bitcoin is better used as an asset or investment, that doesn't mean they don't use it for transactions because we don't know about it even if it's only in small amounts. And I'm sure that eventually Bitcoin will work for transactions and investments and it's just a matter of time.

To be honest, although I use Bitcoin for long-term investment. However, I have also used Bitcoin several times as a means of private transactions between Bitcoin users because of its convenience, speed and distance.

When it comes to investing in bitcoin I prefer to invest for the long term. Long term investment gives good returns while in short term its profit is less. We all know that cryptocurrency Bitcoin is a strong long term investment opportunity but before diving into this world it is wise to exercise caution and be clear with yourself about your intentions and expectations for entering the market. Bitcoin is good at long term thinking but like crypto can go up and down so quickly that many people may be disappointed that they have to wait patiently without any thought.