Why do folks focus on quick gains?

Imagine your buddy is in front of a four-story building, with a twenty-story one right behind it. He picks the four-story building because he's too close to notice the taller one. What would you do? You'd probably pull him back to show him the full view, so he can really compare and see what's better for him. Now, when does this happen to us? Like when we grab fast food for a quick fix instead of opting for a long-term healthy diet. Or scrolling through social media instead of hitting the books for better results down the line. So what's the solution? We need to shift our focus away from those short-term wins, allowing ourselves to take in the bigger picture. This way, we can properly weigh our options and see what truly benefits us. It’s crucial to push aside those tempting quick wins that give immediate satisfaction. Long-term happiness trumps short-term pleasure, no doubt about it. I think this applies to Bitcoin too. A lot of people only hear about quick trading profits and chase after them, losing sight of the long-term investment game. The allure of those fast gains is so strong that it makes us forget the real potential of Bitcoin as a long-term asset. Honestly, we should all take a step back and reassess the entire picture.

The quicker the reward, the faster we’ll feel good. That is why there is the thing called Delayed Gratification wherein you delay the gratification. You delay anything that may make your brain feel good. But it’s something we have to keep striving for because we should know it’s for the best.

Quick profits are attractive, the stories of turning x amount into 100x over the night is more tempting for anyone who is desperate to make money rather than I invested x and waited 10 years to make it 1000x and honestly you can't change them and having such people is going to benefit the remaining ones who got delayed gratification.

I have read your full thread, and it has some pretty interesting examples. In our life we first saw What's in front of us? We usually don't look behind. But only a farsighted person can imagine what's waiting behind our front. Yes, definitely, it's applicable for Bitcoin trading. For short-term profits, we often ignore long-term profit. I have learnt a lesson as well; I bought a Bitcoin at $25K but sold after small profits only. Now regretting why I haven't held till ATH. You can suggest stepping back, but you can't force it, really, if they don't want to understand. Those of us who know about Bitcoin's potential may try to explain it to those who only believe in short-term profits. But trust me, people will make mistakes as well, like me, and some people often repeat those things and regret them later. Unless we can take the risk, we can't make money from Bitcoin.

This is a very common observation and mindset that's applicable to every individual from all facets of life.Truthfully,short term gains are appealing,but everyone seeks instant satisfaction without realizing the aftermath of that choice.Long term growth comes from a pathway that's isn't glamorous but builds sustainablility and profitable results.

I don't think this is an appropriate comparison. Eating food and taking financial risk are not the same thing. Trading involves high risk and more expensive than food that cost not quite much. So a trader will want to guide and protect his capital which he can use to buy many more good and healthy food. So we should understand that panic of losing fund will make you take a decision that is not long term. But the point is that it is not every trader that will be a swing trader whose characteristics is to go a longer time on a single trade. A scalper and day trader won't leave a running trade for days. So they are likely to cut off profit at the short. I think it is normal for scalper and day trader to do that. It is a choice where you belong as a trader.

TBH, with bitcoin I mostly see long term hodl success stories, but maybe we have different feed algorithm. Typically, I see short gains with high volatility altcoins which more often than not shoddy lol. But be careful of stories you see from supposed traders especially on PMs and X.com because a lot of them are fake designed for engagement farming. It's so easy to fake screenshots especially because we have AI now. If it is on PMs, it's likely scam too.

Most people are very greedy, they want to get money quickly without working hard, even success, but in reality, to get success, you need the right knowledge, as well as consistency and prudent money, long time and patience are very important. Those who invest in the short term or choose trading in the hope of getting money quickly can never achieve success, because short-term investment or trading is relatively risky, and those who invest money for a short time without having the right knowledge about trading or investment only in the hope of getting money quickly, they only face losses. Long-term investment is relatively good because the amount of risk is very low and the possibility of achieving success is very high, so dreams should always be big, not small. The smaller the dream, the smaller a person's vision or needs will be.

It seems more like a poem to me than a story. Well, those people who just came here they thought that they could get rich quick by investing in Bitcoin and later regretted buying it because they got a negative profit and ended up panic selling because they were afraid to lose more. If they prioritize checking the Bitcoin history or the past cycles, they should be able to determine right now that Bitcoin is under the fair price for those who have a long-term perspective. Even the price still will go much further below $60k; that's a slight bleeding rather than a huge reward after the next few cycles. Also, having a bit of knowledge of reading the chart should also help you see that there is a price pump every 4 years, so the longer you hold, the more reward you will get.

Some new user that come into this investment of a thing always miss the real and genuine picture of it and this always makes them loss a lot and regrets most of their decisions and actions. As a new user to anything one should always prioritize researching  and understanding more about such thing before we can even imagine of participating in it or trying it out most especially when it does involve funds and our money.  Why will a user just walk Into something just over hypes and promotions they see over the internet. Things ain’t supposed to be done in such manner most especially when it comes to crypto currency. And however this hyped makes this new users think that cryptocurrency space is a place to make quick, fast and easy money not knowing it comes with a lot of sacrifices and risks involve in it.

Talking about short term profit is most common as it's easiest to get profit in short term from trading. All traders have experience with trading and short term profit, but in long term, it becomes harder to maintain profit. Most traders are not profitable in long term, and most traders get losses in long term, that's reason they can not talk about long term trading profit as they did not achieve that. If people want to get long term profit, they must go with investment, long term investment. Prepare their finance, prepare their discretionary income for investment capital, and don't aggressive invest money but do it with Dollar Cost Averaging strategy to reduce stress and risk. In long term, Bitcoin will have organically growth in technology, adoption and value so will give long term investors very good profit.

Bitcoin investment plans differs and besides as long as there're short term opportunity of making profit in the market, there's definitely going to be users who affords to decide in the short term goal despite it risks around the corners as market value moves trajectory. Yes bitcoin proves it values in the long term so, those investing in the long run diesnt have to be psychologically manipulated over short term attributes. It might also sound good to the ambition learning of beginners or greeds that you can earn regular profits when traded bitcoin while some are ignorant of the risks. So I'd agree with you that proper knowledge should be gained before making the decision of trading bitcoin in the short term.

Because everyone wants to earn and make money in an instant. If there is an opportunity that could provide quick profits, people will grab for it and ignore the other. People fail to realize that quick profits are just temporary, and that anytime everything will vanish like thin air. However, there are still few who managed to chose wisely and prioritize long-term gains, not because they don't get attracted with the instant profits offer, but because they prioritize long-term but permanent income because that could bring them financial stability in the long run. And let's be honest, people are born greedy, and they hate the possibility of enduring and sacrificing first before seeing profitable gains.

Initially, when I heard about bitcoin and start learning about how the network works, it was from a trader and that made me think that trading is the only way to make profits from bitcoin but I was scared to jump into trading with zero knowledge and no discretionary income. It was when I came to this forum and started reading and learning that I realized long-term hodli is the best way to venture into bitcoin investment and not short-term.

Even influencers rarely look back at how much they've spent trying to find a method that truly works and generates instant profits. It's like gambling, just as enticing. But it's nothing new that people want profits, but also pride in their "skills." Waiting too long for returns means delaying the opportunity to demonstrate their skills.

This is why whenever we are in a position to make choices and decisions, it is always very important to relax awhile, take a deep breath and sometimes get a second taught as much as possible because if we are to rush into them, the chances are that we will be making some wrong decisions because at that time, the decisions are influenced by excitement, fear, overconfidence's and the rest of it, but if you have taken some time to take a break and rest then get a second taught over what ever you want to do, you will eventually the mistake you would have made i you had rushed into taking decisions. It is always best to look at the long term be it in investment or in other things of live, because the long term does carries the lasting effect that will provide you with the kind of sustainability you will desire in most of the decisions and if you are carried away by the short term, in a matter of few years time, you will be forced to get back to restarting again which may even cot you more as at the time.

Because short term gain could be done by anyone one day or another, whereas long term can not be. I can make a 50% profit in a single day, I can even make 100% profit in a day. It is risky yet still possible, I will just do high leverage, like 100x, and then if I do that 10 times, one of them may hit and I will look right. What is really impossible here is consistently making big money. Whereas long term gains are as big as 10000% because it is a reward for your patience which is practically never possible for most people. Exchanges are sponsoring for sharing your success stories in leverage market. They just need volume and not bother the safety of your funds. When there are big corporates are continuously working  to lure you toward short term trading, obviously you do hear lots of success stories.

You've hit the nail on the head. Yes, this is the ailment or problem that plagues most people, even those with a long history in this field. Most people chase after small, uncertain profits and ignore guaranteed long-term gains. This explains why most people, especially newcomers to trading, pursue meme and shit coins while ignoring Bitcoin or cryptocurrencies with strong projects. Very few are fortunate enough to succeed, the majority regret it and realize their mistake too late.

We cannot blame other people's choices. Just because someone does not choose to invest in Bitcoin long-term, it doesn't mean they are unaware of it. And it doesn't mean they are unaware of the potential profits that can be gained from holding long-term. Some people are suited for trading or short-term investments. But there are also those who are suited for long-term investments. I think this also relates to each person's character.  We can give advice, and everyone can know about it. But the decision is still made individually. In the end, the goal is still to make a profit.

Practice that delayed gratification and you'll be good with every decision in life that you'll do including the gains you'll make in trading. That's why when we made profits in trading, others don't want to take it out because they're delaying their gratification with it. But we know that there should be ways of when it is applicable and when it is not. And as for the investors who chose to get into short term, there's no need to blame them for that. That's a strategy for them just like how we say that we're long term investors.