Advice for those who feel scared at the moment from a long term investor

The voice you hear and see can influence your thinking, so I advise everyone to resist the urge to invest now. Emotional investors are poor investors.

Do you feel the urge to buy it when it was at its peak because everyone else was buying and the charts looked good? Do you feel the urge to sell now because you don’t want to lose your money?

You’re too emotional.

Look at the charts but zoom out. Don’t focus on a day, week or month; zoom out for two years and four years.

Now, if you believe you can wait that long and don’t need the money, start investing and hold on. Even if it drops to 40k, no problem. Think of it as Bitcoin for sale because emotional investors are selling.

Yes, you need to wait. Yes, it could be two years before you make a profit, but making money (and even in business, it takes years. It took me over 25 years to reach 40 million plus in revenue this year without investors or loans) takes time, risk and a steady hand.

– Don’t invest more than you can afford to lose.

– Stick with your investment and play the long game.

– Please don’t trade.

– And remember, you’re only in a loss if you sell now. If you hold and wait, you can step out with a profit.

– Remember how you felt when it was at its ATH. Didn’t you wish to buy where the price is now?

Goodluck everyone