Buy the DIP, and HODL!

[avp2306]

Everyone makes this investment as a sign of long-term holding of their Bitcoin investment before investing. But many of them are not able to keep their investment for long mainly due to their lack of proper investment plan and source of income. Suppose you invest in early stages and even swear from the beginning that I will continue for a long time. After you start investing in bitcoins, you find yourself in a financial crisis and sell your investment. Such is the case with many people that they try to keep their investment for a long time but they cannot continue their investment for a long time due to lack of sufficient opportunity i.e. lack of sufficient money.

So before investing in Bitcoin make a decision in such a way that you never have to sell your investment. Set a specific goal and keep investing until you reach that goal.

and because of that, someone who invests in bitcoin needs to have a stable income and also savings that they can use when they need money for emergencies. because when someone does not have savings and they need money, then what they will do is think about selling the investment they have made, even though the condition at that time could be that their investment is in a state of loss, and that is a big mistake.

investors from the start must think about how they can divide between their investments and savings, so that when they need money for emergencies, then the savings can be used for that, not selling the investment they have made which can cause losses.

That's why when think about investing for long term people need to settle first their financial capabilities and have a steady income since nothing will happen to their plans if they don't have good source that can generate them stable income since their investment with bitcoin for long term will fail with that. Also they should not get stressed out about the idea of having an emergency funds since it doesn't need to put a huge money on it instantly so that they would able to have that funds for important purposes. They can put some amount when they earn and with that for sure it cannot totally affect their investment. Proper planning especially separating between needs is important so that all plans will work well.

[Hallroom]

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Patience is very important in investing in Bitcoin. Many times it is seen that many big investors lose patience, so if we can invest without losing patience, surely we can change our fortune through this investment. This bitcoin investment has changed many people's fortunes so if we can invest bitcoins properly then surely our fortunes can change.

Patience is the key in investing in bitcoin and beginners who want to get profit from bitcoin need to be patient in their investment. There are many examples of how investors who are patient in their investment get high profit after several years of holding bitcoin in their wallet, and this can be an example for beginners so that they can follow how these people can be patient and consistent in their investment and get profit from it.

Even when the market is bearish, if they are patient and able to see how bitcoin will be worth in the future, then they will not be affected and rush to sell the bitcoin they hold, instead they prefer to accumulate or DCA to get more bitcoin in their hands, because they understand that patient and not selling is the right thing to do at that time.

Many times it is seen that many big investors also lose patience so we should not lose patience if we can hold bitcoin with long-term planning without losing disaster, surely we can achieve a lot of success through this bitcoin investment. Many times we are in a hurry to invest in bitcoin so if we check the market without rushing and check the market and invest at the right time then we can change our life with this investment. Bitcoin investment has changed the fortune of many people so we should not be careless in Bitcoin investment we should always join our mind in Bitcoin investment so that we can get enough profit from this investment. There are many investors who invest too hastily without knowing about bitcoin market and they end up losing more than profit so I would say to them before investing in bitcoin you must gain enough knowledge about bitcoin market then you have to invest.

Success can only be achieved by adopting the DCA method, as now is the only time to buy dips. So only those investors who buy the dip at the right time can achieve success in the right way. An investor can keep his investment alive with proper control, and if the planning is right then success is definitely possible.

[cryptoWODL]

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Success can only be achieved by adopting the DCA method, as now is the only time to buy dips. So only those investors who buy the dip at the right time can achieve success in the right way. An investor can keep his investment alive with proper control, and if the planning is right then success is definitely possible.

Maybe it's wrong. There is no guarantee that you will succeed in investing if you only adopt the DCA method. But one advantage of investing in DCA method is that we can invest in small increments over time with the hope of reducing the average cost which is considered a balanced method of investment.

The dollar cost averaging (DCA) method of investing is preferred because many of us may not be able to afford to buy a large amount of bitcoins at once. For which he is encouraged to buy bitcoins in small quantities so that he does not stop his investment but can invest continuously. Balanced planning in Bitcoin investment is very important for investors. Due to lack of proper planning, many investors are forced to sell their investments midway after starting the investment. As a result, even if they set their goals, they cannot reach that goal.

[Abbatty]

everyone is also allowed to put forward their own ideas as long as the ideas are good enough and do not oppose other people's ideas,

Ideas in discussions will undoubtedly conflict with those of others because people may hold different beliefs. But in order for an idea to be accepted as true or to take precedence over the beliefs of another, it must be supported by evidence and facts that can be easily be understood by others. Disagreements open doors to more conversation and the sharing of knowledge. Disagreements do not always imply that the other person's ideas are incorrect, rather they might be opposed for a variety of reasons, including personal beliefs, and if they are not supported by evidence, they may become irrelevant or invalid.

Those who believe that the current state of bitcoin is the only reason it is failing are presumably impatient investors or those who bought because they were afraid of missing the approaching bull run and tried to take advantage by investing immediately after the halving. They are upset that things didn't turn out as planned and that they were blind to the decline. Competent investors will not panic and begin to believe that bitcoin is failing, but rather will see this as a chance to keep buying the dip.

There is a saying that "when the purpose of a thing is not known, then abuse becomes inevitable". This statement is so true for Bitcoin investment because many people do not know the real purpose of investing in Bitcoin neither do they have plans for same investment.  Some just bought because of the trend while others bought because they want to be rich within a short time. Those who have plans such as I have mentioned, actually planned theoretically without facing the fact that Bitcoin requires time and patience.

If we must tell ourselves the truth, Bitcoin have done so well already and from this time last year till now it has done over 100%. I do not see why people will panic when the price of Bitcoin is pretty high and even looking so promising to do more. I understand that some people jumped in following the hype of the halving. Well those of them who have not sold at loss are more than welcome to change their mind into long term holding because those who follow Bitcoin with patience will always reap the fulll reward.

When you don't understand the purpose of something, you abuse it by giving it a different purpose that deviates from its original objective. This is similar to individuals that invest based on the hype of halving, they simply want to enter the market and try to outsmart it by investing when the bull run is about to begin and making a quick profit despite having no knowledge of the market. They believe they have implemented a decent approach, but it is not a reliable plan because bitcoin demands patience and time, and a long-term investment plan is the best method to maximise returns.

This statement is so true for Bitcoin investment because many people do not know the real purpose of investing in Bitcoin

I am finding this statement really confusing. Are there other purpose of investing in Bitcoin outside getting more than what you invested?, Because I don't think anyone in a right state of mind would want to invest in Bitcoin inorder to make loss. If you invest in Bitcoin, then your real purpose is to get more than the amount you invested after a specific time. The same thing goes for me, and every other person, so I don't know the other real purpose you think many people do not know about.

You are getting it all wrong, you need to read through his entire post to understand better what he meant, bitcoins volatility has given us other benefits we can enjoy and making profits is part of if but that doesn’t mean we should pursue this profit aimlessly without a well thought out plan. By trying to outsmart bitcoin and investing because of halving hype is not a well thought out plan these people are not considering the volatility of it, they neglect the fact that the market can still move in either direction.

[G_Besar]

Success can only be achieved by adopting the DCA method, as now is the only time to buy dips. So only those investors who buy the dip at the right time can achieve success in the right way. An investor can keep his investment alive with proper control, and if the planning is right then success is definitely possible.

Investors who buy Bitcoin when the price falls in such large amounts are investors who have a lot of money saved so they can do this all at once without using the gradual purchase method or in other words, DCA. So success does not lie in certain methods such as DCA, but success only belongs to those who believe in Bitcoin and are also willing to fight with their own capital without any hesitation in buying it when the price drops. Because if success can come from just one method, of course everyone will choose that method without looking at other methods that might not be bad to use to achieve success.

[Justbillywitt]

Everyone makes this investment as a sign of long-term holding of their Bitcoin investment before investing. But many of them are not able to keep their investment for long mainly due to their lack of proper investment plan and source of income. Suppose you invest in early stages and even swear from the beginning that I will continue for a long time. After you start investing in bitcoins, you find yourself in a financial crisis and sell your investment. Such is the case with many people that they try to keep their investment for a long time but they cannot continue their investment for a long time due to lack of sufficient opportunity i.e. lack of sufficient money.

So before investing in Bitcoin make a decision in such a way that you never have to sell your investment. Set a specific goal and keep investing until you reach that goal.

and because of that, someone who invests in bitcoin needs to have a stable income and also savings that they can use when they need money for emergencies. because when someone does not have savings and they need money, then what they will do is think about selling the investment they have made, even though the condition at that time could be that their investment is in a state of loss, and that is a big mistake.

investors from the start must think about how they can divide between their investments and savings, so that when they need money for emergencies, then the savings can be used for that, not selling the investment they have made which can cause losses.

That's what actually happened with many older plebs, because their life-conditions prompted them to sell their Bitcoin on times when they need money.

I wouldn't even blame the older plebs/early investors for behaving that way, then knowledge wasn't this much. They didn't have access to the kind of information and materials we have now. It was more like a gamble to them back then. Lots of them were in doubt about the ability of bitcoin to actually rise above certain amount, that's why when they ran into financial difficulties and emergencies, their first thoughts were to sell bitcoin, because what you placed less value in is what you will think of to sell. Of all your belongings, why didn't they think of selling other things. It clearly shows the value level.

It usually happens to investors who are married/have kids.
 

That's why young people who are still single should set their priorities right before getting married. They should attain certain level of financial stability before getting married. If you allow yourself to be forced into marriage without adequate planning, you might be forced to sell off your bitcoin holding which you bought as a young and single person.

[Obim34]

Success can only be achieved by adopting the DCA method, as now is the only time to buy dips

Why choose to complicate yourself inside a sentence. The DCA and Buying the DIP are basically two separate strategies very much applicable by investors in other to accumulate good portions of Bitcoin while they maintain absolute fairness with their standard of living. The DCA is investment per interval (according to the investor financial stance, daily,weekly or monthly), this strategy also allows the investor to buy at the DIP, that is why most investors prefers this among others.

Investors who also holds their funds in large amount in other to catch DIPs at which they are more comfortable with also achieve success since later on the price of Bitcoin would increase. Both strategies are unique in their own way and not only while DCAING can success be achieved.

[Sim_card]

Success can only be achieved by adopting the DCA method, as now is the only time to buy dips. So only those investors who buy the dip at the right time can achieve success in the right way. An investor can keep his investment alive with proper control, and if the planning is right then success is definitely possible.

Investors who buy Bitcoin when the price falls in such large amounts are investors who have a lot of money saved so they can do this all at once without using the gradual purchase method or in other words, DCA. So success does not lie in certain methods such as DCA, but success only belongs to those who believe in Bitcoin and are also willing to fight with their own capital without any hesitation in buying it when the price drops. Because if success can come from just one method, of course everyone will choose that method without looking at other methods that might not be bad to use to achieve success.

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171724384


 #10515433


Success can be achieved with any method that an investor uses to accumulate bitcoin as long as he is doing it the right way and also have his emergency funds, reserve funds and float funds since he is investing and hodli for a long time. DCA strategy is good for beginners because the buy bitcoin regularly weekly or monthly irrespective of the price of bitcoin at that moment. New beginners don't need to wait for the dip or plan buying at the dip because it will delay the quantity of bitcoin they should have acquired overtime if they just focus on only DCAing.

However, if you are lucky to have reserve funds for buying at the dip, it is good too because when you buy it will increase the size of your portfolio faster. Investors who have reached 50% of their bitcoin accumulation and above can use buying at the dip method because they already have a good size of bitcoin stash and waiting for the dip will not hinder the size of their bitcoin from growing.

All investors have the best method in which they can use to accumulate bitcoin in their own case scenario to be successful because we must work with our own financial strengths and how much bitcoin is in our possession.

[bitcoin_mining]

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Success can only be achieved by adopting the DCA method, as now is the only time to buy dips. So only those investors who buy the dip at the right time can achieve success in the right way. An investor can keep his investment alive with proper control, and if the planning is right then success is definitely possible.

Maybe it's wrong. There is no guarantee that you will succeed in investing if you only adopt the DCA method. But one advantage of investing in DCA method is that we can invest in small increments over time with the hope of reducing the average cost which is considered a balanced method of investment.

The dollar cost averaging (DCA) method of investing is preferred because many of us may not be able to afford to buy a large amount of bitcoins at once. For which he is encouraged to buy bitcoins in small quantities so that he does not stop his investment but can invest continuously. Balanced planning in Bitcoin investment is very important for investors. Due to lack of proper planning, many investors are forced to sell their investments midway after starting the investment. As a result, even if they set their goals, they cannot reach that goal.

Investment will never guarantee you profit so never invest thinking that you will profit if you invest in your own strategy. However, if one can invest in the right strategy and hold one's investment for a certain period of time, there can be a chance of profit. I agree with you because DCA investment method does not guarantee profit but helps every professional to invest. Besides, investing in this method reduces the risk of money a lot. As earlier we used to invest with the wrong idea that we have to collect a lot of money then we have to invest now but we don't have that wrong idea because now we can start investing with any amount of money.

[JayJuanGee]

[edited out]

It is true that if you do not share your ideas or experiences, others will be unaware of them. Some people may even have similar experiences and can easily share with you the best thing to do at such points, it may be something they failed to do at the time, but their experience will be able to prevent others from making the same mistakes they did. I had a terrible first encounter as well, but I've since learned from my mistakes and improved my ignorance and curiosity.

Over the years, I have had several experiences in which I responded to a post, and I thought for sure that my question and/or concern was too basic and that surely some other member would have had already responded to the very post, but frequently, there is not very much overlap in the contents of my posts versus another member who might have responded similarly (and more frequently no one had responded to the ideas that I was wanting to write).  So we can each have interesting contributions and even some of the basic responses are not made... so I look forwrard to your continuing to chime in and to bring some of your personal experiences into the mix of this thread and perhaps other threads.

everyone is also allowed to put forward their own ideas as long as the ideas are good enough and do not oppose other people's ideas,

I don't see anything wrong with opposing the ideas of other members, and those who oppose ideas of other members while giving reasons (and perhaps even evidence) for why they oppose the ideas will provide fruit for deeper discussions.  Sure there are some members who seem to just oppose for the sake of opposing, so that can be a bit annoying if some members are not really explaining why they are for or against some ideas...and yeah, sometimes it can be a bit unclear regarding how much evidence and/or explanation is needed when opposing the ideas of another member, so each of us has to make those kinds of choices regarding how much we believe we need to back up our own ideas -especially if we consider them to be going against what other members might be saying...

and sometimes we get the facts and/or the logic wrong too.. so sometimes we might believe that we are saying different things from other members, but we just end up saying similar things in different ways... so the ways of communicating can continue to be confusing for some of us from time to time, too.

And we need to do that since how those people could able to learn if we didn't oppose on their wrong statement posted. So for them to learn their mistake we should voice out our concern then provide solid proof pointing out that they are wrong so for sure with that they can learn something then correct everything to make a better decision especially for their investments.

We can clearly identify those people clearly opposing without posting any proof to strengthen up their arguments then I guess no substantial new ideas we can get from their corrections or criticism.

That's why also we need to properly communicate to people so that we could able to correct their misunderstandings and explain if we have same point so that there will be no confusion on both side then the discussions will be more focus on strategy that they want to build when everything understand each other.

Sometimes we might not be correct, and we respond to another post and we tell them how wrong they are, and so that can also be o.k... except that sometimes members will continue to push their wrong ideas..

And, so I guess that my point is that even if we go to correct another member's post, we might have to consider that we might not be correct in our own perspective, but it does not necessarily mean that we should not respond, especially if we believe that we have evidence in support of our points that we believe had not been considered.

[edited out]

But it's not actually promoting Runes, it doesn't have a coin or a token to shill to plebs like us. It's merely a protocol that's trying to build something on top of Bitcoin that would bring more utility and also interest in Bitcoin, then therefore bringing more value for Bitcoin.

There should be some utility-value in buying the DIP and/or DCA through a stablecoin in Bitcoin without going through centralized third parties, no?

I would rephrase that to say that there is value in being able to buy, sell and communicate without the permission of a third party..

Everyone makes this investment as a sign of long-term holding of their Bitcoin investment before investing. But many of them are not able to keep their investment for long mainly due to their lack of proper investment plan and source of income. Suppose you invest in early stages and even swear from the beginning that I will continue for a long time. After you start investing in bitcoins, you find yourself in a financial crisis and sell your investment. Such is the case with many people that they try to keep their investment for a long time but they cannot continue their investment for a long time due to lack of sufficient opportunity i.e. lack of sufficient money.

So before investing in Bitcoin make a decision in such a way that you never have to sell your investment. Set a specific goal and keep investing until you reach that goal.

I completely agree many people invest in Bitcoin with  intention of holding onto it for long term but mostly they are forced to sell due to financial constraints or lack of proper planning. It is really important to have a solid investment plan and stable source of income before investing in Bitcoin. Setting specific goal and sticking to it is very important so we do not end up selling our investment prematurely. It is important to be realistic about our financial situation and only invest what we can afford to hold onto for long term. By doing this we can avoid pressure of selling during market fluctuations and achieve our investment goals.

But do we need to have a stable income before investing in bitcoin? I think as long as we have the income and flexibility to handle life's incidents, we can invest in bitcoin. Because not everyone can have a high-paying job or stable income. In addition, our purpose of investing in bitcoin is because we want a better, more stable life, and if we are stable, do we still need bitcoin? Therefore, if we have to wait until we have a stable income to start investing in bitcoin, it may be too late or we will never invest in bitcoin.

I agree with what everyone says, we need to plan carefully and use cold money so that our investments are not interrupted, but I wouldn't wait until I have a stable income to start invest.

In addition, the future is unpredictable and sometimes major incidents happen beyond our imagination so just planning is not enough, we need to be more flexible to deal with it if a big bad thing happens.

I agree with you CryptoBuds that you do not need stable income to invest into bitcoin, but you do need discretionary income, which means that your income exceeds your expenses.. whether you get your income from work or from investments, savings and/or assets. 

Sure, you could have periods in which your income does not exceed your expenses, and so that might be your various kinds of excess funds that you have or investments or savings.. but in the end, if you do not have discretionary income, you would not be able to invest because you would be gambling with money that you need..

If someone has a lot of savings, investments and/or assets, those can be used as income sources, but if you don't have other income  sources, then those savings, investments and assets need to be able to generate a form of discretionary income that covers your expenses... .. and yeah there could be some exceptions in the short term, but in the long term by definition to invest you need discretionary income otherwise you are gambling, and frequently many of us who are familiar with bitcoin will suggest a 4-10 year or longer timeline in order for the investment to count as investing rather than trading or gambling... which people can do what they like, yet bitcoin seems to be amongst the best if not the best of investments, so it would seem a bit odd to either trade it or gamble with it unless you were limiting the amount of your bitcoin holdings that you would use for such trading/gambling purposes, such as less than 10%. or some other amount you have deemed to be reasonable based on your various financial and psychological circumstances.

Everyone makes this investment as a sign of long-term holding of their Bitcoin investment before investing. But many of them are not able to keep their investment for long mainly due to their lack of proper investment plan and source of income. Suppose you invest in early stages and even swear from the beginning that I will continue for a long time. After you start investing in bitcoins, you find yourself in a financial crisis and sell your investment. Such is the case with many people that they try to keep their investment for a long time but they cannot continue their investment for a long time due to lack of sufficient opportunity i.e. lack of sufficient money.

So before investing in Bitcoin make a decision in such a way that you never have to sell your investment. Set a specific goal and keep investing until you reach that goal.

and because of that, someone who invests in bitcoin needs to have a stable income and also savings that they can use when they need money for emergencies. because when someone does not have savings and they need money, then what they will do is think about selling the investment they have made, even though the condition at that time could be that their investment is in a state of loss, and that is a big mistake.

investors from the start must think about how they can divide between their investments and savings, so that when they need money for emergencies, then the savings can be used for that, not selling the investment they have made which can cause losses.

That's what actually happens with many older plebs, because their life-conditions prompted them to sell their Bitcoin in times when they need money. It usually happens to investors who are married/have kids. It's very hard for them to have the same sort of conviction as the person who's young and single with absolutely no responsibilities.

I believe if you're still young/single, DCA with some of your monthly salary, save the rest. If a golden opportunity happens again, like a bull cycle ending DIP, then like some people during 2019, Buy the DIP, and HODL. It might be a stupid financial decision, but being young gives you some time to recover and start again.

You have made this argument before Wind_FURY, but I don't buy it.  Sure if you are young, you have a longer timeline for investing, but  if you are OLDER you have had time to build your investment, so yeah, if you start investing when you are older, you have the disadvantage of the timeline, and maybe you also learned some bad habits in life that you are not able to easily break. 

I am not going to go into too many details in terms of flushing out the various flaws of your over-generalization, even if there are some truths in it, it is still problematic to presume that older folks cashing out of their investment has to do with their age and their family status rather than their failure/refusal to account for more complicated finances as compared with a young person, so the mere fact that an older person might have more complicated finances, should not mean that he was not able to learn through the years how to grow his investment style, finances and psychology in order to sufficiently deal with and to advantage from his more complicated situation. 

Surely bitcoin can serve a role in the life of the older person or the younger person, even though they likely have different personal circumstances for which to account.

[Dakcrypto]

Some weeks ago when I visited this thread it was named buy bitcoin and hodl but now it's back to buy the dips and hodl, what exactly is going on?

is there a confusion on what to consider the thread. I certainly prefer buy the dips and hodl.

[JayJuanGee]

Some weeks ago when I visited this thread it was named buy bitcoin and hodl but now it's back to buy the dips and hodl, what exactly is going on?

is there a confusion on what to consider the thread. I certainly prefer buy the dips and hodl.

Wind_FURY, the OP, had changed the name of the thread, and then he changed it back to the earlier name.... so "buy the dip, and hodl" seems to be the name that is going to stay.... at least for now, unless OP decides to change his mind again.

[Zackz5000]

Some weeks ago when I visited this thread it was named buy bitcoin and hodl but now it's back to buy the dips and hodl, what exactly is going on?

is there a confusion on what to consider the thread. I certainly prefer buy the dips and hodl.

That is what it is now buy the dip and hodl, and you don't need to be confused you are right about what you said about the subject buy Bitcoin and hodl which was change by the Op of this thread so along the line the masses  was like no the subject which is buy and Bitcoin and hodl is not suitable for it that it should be change back to buy the dip and hodl it before the Op of this thread later changed it back to what it is now buy the dip and hodl.

[Felicity_Tide]

Some weeks ago when I visited this thread it was named buy bitcoin and hodl but now it's back to buy the dips and hodl, what exactly is going on?

is there a confusion on what to consider the thread. I certainly prefer buy the dips and hodl.

Good choice. But just as JJG had said earlier, the OP made the changes recently, I guess sometime last week (if am not wrong). Personally, I have become acquainted with the previous and have learnt so many things. I tend to apply my deligence in following up with the updated thread title, just by reading through every reply and see where my opinion fits.

You should also do your deligence in following this current discussion as possible.

[leonair]

It is well known that long term investment in Bitcoin or holding Bitcoin for a few years can yield very good profits.  But how many people have the ability or patience to make such a long-term investment? Impatience, fear, too much cunning or poverty prevent us from investing long-term in Bitcoin. not everyone can avoid these issues very few people can be successful with such a long term investment in Bitcoin. and the rest only regret.

For those who invest in bitcoin and sell before getting good profit, I would say learn to invest for long term without regret. Because we all know that there is very little risk of losing money invested in bitcoin. But if one is long term.  Investing for time will never lose money. So I thought of investing in Bitcoin for long term rather than keeping money in the bank. I thought if I do this, am I making a wrong decision or am I making the right decision?  Sometimes I think. But I see investing as a very important thing to get something good in life.

[I_Anime]

Some weeks ago when I visited this thread it was named buy bitcoin and hodl but now it's back to buy the dips and hodl, what exactly is going on?

is there a confusion on what to consider the thread. I certainly prefer buy the dips and hodl.

Wind_FURY, the OP, had changed the name of the thread, and then he changed it back to the earlier name.... so "buy the dip, and hodl" seems to be the name that is going to stay.... at least for now, unless OP decides to change his mind again.

Yeah , and i kinda  prefer this one too, because this was the name it was when I first saw it and it always bring this comfort whenever there's decrease in market price , what will just come to my head is to buy the dip and HODL, not to panic. So I think this name is more coller than the other one to me though .

It is well known that long term investment in Bitcoin or holding Bitcoin for a few years can yield very good profits.  But how many people have the ability or patience to make such a long-term investment? Impatience, fear, too much cunning or poverty prevent us from investing long-term in Bitcoin. not everyone can avoid these issues very few people can be successful with such a long term investment in Bitcoin. and the rest only regret.

For those who invest in bitcoin and sell before getting good profit, I would say learn to invest for long term without regret. Because we all know that there is very little risk of losing money invested in bitcoin. But if one is long term.  Investing for time will never lose money. So I thought of investing in Bitcoin for long term rather than keeping money in the bank. I thought if I do this, am I making a wrong decision or am I making the right decision?  Sometimes I think. But I see investing as a very important thing to get something good in life.

I will say there's no guarantees holding for long-term though, what I mean holding for long-term doesn't mean that you ain't going to experience any losses, but it is more ensuring than holding for short-term. What I mean is that holding for long-term will definitely increase the chances of you making some good profits in Bitcoin especially when have enough stashes, and everyone have Their definition of long-term, some long-term holding is just 2 years while some are 4 years and more , so in those years we can't tell what will be Bitcoin price that's why we should focus more on getting more stashes, because the more you accumulate the more your chances of making a large profit increases, that's the rate of accummulation is directly proportional to the profit you will make in a long run.