If people sees Bitcoin investment as a place to try out their luck ,that is where they usually missed it , because with such mindset they can easily panic at any downtime for Bitcoin,which leads to trading ,selling when it's not right .
When it comes to profits, who wouldnt want to profit from a Bitcoin investment, everyone does. However, theres often a misconception, people want to invest but dont have a proper plan or perhaps no plan at all and simply focus on buying, hoping the price will rise quickly so they can sell at a full profit. In this case, there will always be people who are just trying their luck.
Bitcoin investment is usually for long term, and it's always advisable to use discretionary income to invest possible weekly or monthly, depending on how the money comes, it's more of saving for the future, and having the long term goals helps in getting higher chances when it comes to profit making ,so determination and patience is the principal rules to guide one to that point , so Bitcoin should not been seen a place to get rich quick or to try out luck .
Youve explained it very well. Perhaps i add that as you build your Bitcoin investment, you should also expand your knowledge of Bitcoin itself, that way, you gain even more confidence in holding onto it. After all, it would be ridiculous not to fully understand the asset youre investing in
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