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 .

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 .

Bitcoin should never be a decision to test luck, but if you invest in Bitcoin, you will definitely get profit from it in the future. When investing in Bitcoin, you should never make short-term plans, but rather collect Bitcoin according to a long-term plan. Bitcoin investment is never a wrong decision, but investing based on experience and skills and holding them for a long time is wise. We know that gambling and trading can often be profitable depending on luck, but in the case of investment, it does not depend on luck at all. Rather, the only success you will see in investing is the one who can hold it for a long time, and investment is not luck, but through your financial position and retention and patience. A new investor always has feelings and emotions from within himself that prevent him from investing in long-term. When the situation in the market goes bad, new investors cannot control their emotions, due to which they face losses. So I think it is possible to always control yourself and be patient in investing, hold it according to a long-term plan, only then can you achieve profit.

Bitcoin investment is just like that. It's not what you try your luck with as if you're gambling because it will make you buy out of FOMO, or buy with money that's made for your upkeep believing that you will be lucky to sell before the time you will use the money. Short term is for the smart ones but the fact is that how many of those smart traders are really smart enough to avoid losses. None of them which signifies that long term investors are the smartest.

Ask yourself why are you here in the crypto space, to look for short term profit (weak hands) which will end up putting you in losses in the long run or you are here to build a future for yourself through your long term bitcoin investment.

What are the challenges that will disrupt a new investor one from being a long term investor.

Let's discuss.

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 .

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 .

A problem that new investors face is that they have a plan in place, but do not follow it when the market is down. Some may think there is a long-term bull market ahead for Bitcoin, but panic sell following a steep decline, or purchase too much in a bid to avoid FOMO. An emergency fund, a set budget, and a knowledge of risk should all be part of a realistic investment plan. But, holding on for years does not necessarily mean a profit, patience is to be coupled with risk management. The true challenge is, if you are going to follow your plan, are you going to risk money that you need for your living expenses?

Bitcoin investment isn't try your luck.

Investment isn't what you should think of trying your luck because if you have such thought in mind, it will make you not take your bitcoin investment serious and that will lead to losses due to wrong decisions. Investment is about building and growing that business for the future. You are not after the short term out but a long term outcome and that will make you give yourself enough time to learn, study and know the challenges in the business to prevent you from unexpected losses.

Bitcoin investment is just like that. It's not what you try your luck with as if you're gambling because it will make you buy out of FOMO, or buy with money that's made for your upkeep believing that you will be lucky to sell before the time you will use the money. Short term is for the smart ones but the fact is that how many of those smart traders are really smart enough to avoid losses. None of them which signifies that long term investors are the smartest.

Ask yourself why are you here in the crypto space, to look for short term profit (weak hands) which will end up putting you in losses in the long run or you are here to build a future for yourself through your long term bitcoin investment.

What are the challenges that will disrupt a new investor one from being a long term investor.

Let's discuss.

One of the challenge that disrupt a new investor from being a long term investor is the fact that they are quick in concluding false information they read on the internet about bitcoin,before concluding on bitcoin future because of a false news you read on the internet about it,it would be wise if you sit back and trace the history of bitcoin.After tracing the history of bitcoin you’ll get to know that you’re supposed to continue holding your bitcoin regardless the false narrative you read about it on the internet,come to think of it how did those early adopters managed to hold onto their bitcoin regardless the hate and criticism it faced when it was newly created.That should be a challenge to those newbies that are easily tossed by every negative feedback they encounter on the internet about bitcoin.

Anyone who wants long-term success in Bitcoin as an investment should take their time. And most importantly, such investors must be investors, not traders. The point is, they must eliminate the element of luck from their trading.
Simply put, they need to forget about trading - any kind, even mobile trading, which I consider the most appropriate form of trading. And I have only one piece of advice for such people: study DCA and buy Bitcoin slowly, completely eliminating the influence of luck, excitement, and, as a result, losses.