JJG’s Outline of Bitcoin Investment Ideas

[Obulis]

Having a steady income is good but having a steady discretionary income is much better because it is discretionary income that we need to invest in bitcoin weekly or monthly.

Most Bitcoin investors fails to understand that discretionary income is more important than a stable income, because having a stable income still doesn't guarantees that you can figure out your discretionary income to invest with, so in as much as a stable income is very good, it's more better to have a discretionary income constantly, so that you can invest in Bitcoin consistently.

Some steady income earners may not be able to have discretionary funds but in so many other cases, having stable income is helps to determines the steadiness of discretionary funds thereby also determining the steadiness of Bitcoin buying. If you check, not all steady income earners has discretionary funds but more steady income earners has discretionary funds than unsteady income earners. That is to say that many unsteady income earners hardly has discretionary funds compared to steady income earners.

[Sally9256]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

This is very wrong. You say this as if there's guarantee of success with Bitcoin investment. Just like every investment even Bitcoin investment doesn't guarantee anything, success is just what we hope for but it is never a guarantee no matter how long you hold your Bitcoin. Even long term investing still carries risks too because markets movement is unpredictable at every point and Bitcoin is always volatile. Long term investing only improve the chances of benefiting from Bitcoin’s long term growth over time.

[Big Dirams]

Many people wants to buy at a 'perfect price' and they end up missing the bigger picture of long term accumulation. In the Bitcoin market, no one can predict the bottom exactly and consistently and sometimes people wait for dips that don't cond the way they expected. One must build the habit of investing gradually and that is way better than waiting forever from the perfect time to invest.

I think when investing in Bitcoin one needs to be consist and disciplined rather than trying to outsmart the market. Invest small amounts regularly and it can grow over time if you are patient and not desperate. Most people wish they had invested in bitcoin earlier and now they regret they were waiting for the perfect time.

There is not anything as waiting for the perfect time to invest or perfect price to invest in bitcoin.predicting the market is very difficult and also we know how volatile bitcoin is so no right time or perfect time to invest, we can invest at any giving time no need to sit back and wait for dips that just is wasting so much time.
 Nowadays things have been more easier and understandable for us that with the help of DCA we can easily buy at any given price and keep up with constant buying to start growing our investments journey little by little over time. With DCA we buy at any time and never felt left out and also we can see dips as an opportunity when they show up but waiting for it isn’t advisable.

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.

The honest truth about bitcoin investment is that even with the volatility of bitcoin, investing in it doesn’t guarantee profits or success at all at the long run. Bitcoin doesn’t guarantee profits no matter how long we hold and you implementing that “Every investors would become rich when they hold bitcoin for long term” that all just a myth mate.
 The outcome of bitcoin investment is unpredictable and success isn’t guaranteed at all the earlier we understands and accept this the better the journey relives us. Risk what you can afford to loss and invest with cautions because success and profits isn’t guaranteed and one more thing let not prioritize profits or go into investing all because of the profits that a wrong approach.  

[GhostOfBitcoin]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

This is very wrong. You say this as if there's guarantee of success with Bitcoin investment. Just like every investment even Bitcoin investment doesn't guarantee anything, success is just what we hope for but it is never a guarantee no matter how long you hold your Bitcoin. Even long term investing still carries risks too because markets movement is unpredictable at every point and Bitcoin is always volatile. Long term investing only improve the chances of benefiting from Bitcoin’s long term growth over time.

Bitcoin is a type of investment that can be really risky. So you have to be ready for some problems.. People who invest in Bitcoin for a long time are not just guessing. They like Bitcoin because there is a certain amount of it and more people are starting to use it.

Bitcoin can be very unpredictable.. If you look at what happened in the past people who held onto Bitcoin for more than 4 or 5 years usually made money. This is because Bitcoin is like a kind of money that helps protect you from inflation. To be safe it is an idea to invest a little bit of money at a time, which is called Dollar Cost Averaging. Do not invest money than you can afford to lose. A real investor in Bitcoin is someone who understands how it works and is willing to take some risks not someone who hopes for the best. Bitcoin investors, like the fact that Bitcoin's a type of investment that can help them in the long run and that is why they invest in Bitcoin.

[CageMabok]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

While your statement sounds more logical regarding holding Bitcoin, some investors will also consider how long they will hold Bitcoin. Because no matter how long, the duration of time is clearly limited. What needs to be considered in this case is their confidence and willingness to continue increasing their investment in Bitcoin throughout their investment journey. This means that if they want to let go of some of the Bitcoin they purchased five or eight years ago, their desire to buy more must still be there.

Because investors who frequently use the DCA method typically don't make all their Bitcoin purchases in one go, the time they spend accumulating more Bitcoin will also vary. However, I also agree with the patience point, as most investors who are more patient and continue to buy frequently are those who have already achieved significant returns through Bitcoin. Therefore, we can use this as an example, as achieving greater returns always requires a process that isn't easy for anyone.

[NewRevelation]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be ide

You sound like there is a guarantee 100% or assurance of making enough money once you begin to invest in Bitcoin. Such assurance can be misleading since Bitcoin is a volatile assets and is always on the move either upwards or downwards. Sure, there are possibility of making gains if we buy and HODL for long term, but talking with full assurance as though we are covered with total enough gains because we are investors doesn't sound too well.

Due to the volatility of the assets, investors should invest with all carefulness, knowing that the price is not static but can fall or rise at anytime. And with this, we are not guaranteed of success at anytime. Every investments have risk, wether long term or short. Perhaps, the earlier we understand that Bitcoin investment has no guarantee of profit at anytime, the better for us and the more careful we must invest to avoid undue pressure and panic

[Barikui1]

Some steady income earners may not be able to have discretionary funds but in so many other cases, having stable income is helps to determines the steadiness of discretionary funds thereby also determining the steadiness of Bitcoin buying. If you check, not all steady income earners has discretionary funds but more steady income earners has discretionary funds than unsteady income earners. That is to say that many unsteady income earners hardly has discretionary funds compared to steady income earners.

Either steady income or not, the most important thing is figuring out your discretionary income to invest with, I don't know why most of us here are always emphasizing on steady income as if it guarantees anything. We have seen some stable or steady income earners that cannot take proper care of their basic needs, because the money is not enough, so how can such person figure out his discretionary income to invest with, when he has not even taken proper care of himself and his basic needs?

So we should stop emphasizing on steady income and be talking more about figuring out our discretionary income or having a source of discretionary income, because that is the only way we can invest in Bitcoin consistently without obstruction.

[The Founding Titan]

Waiting for dips shouldn’t be the approach we take into bitcoin investment because such approaches is just a procrastination and procrastinating shouldn’t be what stop us from investing in bitcoin. No time to waste at all let go into bitcoin investment as soon as possible because the market is always unpredictable so sitting back and waiting for dips that we ain’t even sure it would come is just us wasting unnecessary time.
  Let not see waiting for dips as an option at all or even think of it as a smart strategy to go into bitcoin investment when we have long term mindset and also we have the DCA strategy at our fingertips.

Waiting for the dip before starting your Bitcoin accumulation is wrong, and it's even more unwise to be waiting for the dip when you are a no coiner or you are just starting your Bitcoin accumulation journey, because by waiting you are going to waste valuable buying opportunities by waiting for a dip that may not come when you expect it.
So that is why consistent buying and accumulating is encouraged, then if along the line while accumulating consistently and the dip comes, you may still decide to buy or do it aggressively if you have a reserve funds to carry it out, so it's better we should only treat the dip as an opportunity that hardly comes by, not by pausing our accumulation by waiting for a dip that we are not sure when it's going to come.

To me I think you getting it all wrong with buying the Dip. I know DCA have proven to be the best not because other methods of accumulating bitcoin are bad but because it best suitable for all kind of user, that is the, poor, rich and even the middle class, it helps you accumulate with what you can actually afford regardless of your financial status.

But you see buy the Dip is often used by rich people, people who set aside a margin that when bitcoin drops even by 10 or 20 percent they will buy in bulk and hold for as long as possible. It doesn’t really matter if you are new into bitcoin investment.

You see every strategy has it audience and advantages too, but we all say DCA is better because it very okay for all kind of Audience.

You need to understand that what people are talking about isn't buying the dip but waiting for the dip before buying, that's what's wrong, there is nothing wrong with buying the dip, of you have enough discretionary income that you don't have to put a hold on using the DCA then you can buy the dip with a different percentage of your discretionary income, this way you don't have to stop accumulating bitcoin because you are waiting for the dip, if you get your hands on a good amount of discretionary income then you can set out a good amount of your discretionary income to buy the dip with while still accumulating with the DCA, if the discretionary income for DCAing runs out and you still haven't bought the dip then start DCAing with the discretionary income you had planned to buy the dip with,  you shouldn't put your investment on hold when you have the discretionary income to buy with because you are waiting for a dip that might not happen.

[Nightwatchmare]

If you don’t have a stable income, how do you intend to a discretionary income? It is from the stable income you are getting on a regular basis that your will take out the money for personal and household expenses, possibly be left with discretionary income if your personal and household needs doesn’t consume all the money.

Discretionary income is not only gotten from stable income. There are various sources one can get discretionary income from which must not necessarily be a stable income. Discretionary income is the extra money you have left after taking care of essential expenses and it can be from your salary income, allowance, gift, profit from other business, from winning a lottery and so on. So whatever source it's from as long as it the money left after taking care of the expenses then it can be regarded as discretionary income.

Yes, discretionary income is not only gotten from stable income, and i agree, there are various sources people can get discretionary income, but the reason people talked about having a stable income as one who wants to invest in Bitcoin is because with stable income one is likely to have discretionary income and remain consistent in accumulating Bitcoin and building up emergency funds that will help in taking care of any emergency that may surface during Bitcoin investment. We can invest in Bitcoin with any source as long as the money we are using is discretionary income.

[cyberninja2]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.

This makes a consideration that must be done by investors, which is how far the time is for them to be able to hold the time to reach the point they want so that it really requires their desire to increase what they do towards their desire to be able to continue with full consistency in efforts to buy Bitcon only with the aim that they are always there in taking action on the amount they have to collect based on the way they do it by always buying with any amount that is clearly there and never escapes from forgetting for years.

[Grace333]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

This is very wrong. You say this as if there's guarantee of success with Bitcoin investment. Just like every investment even Bitcoin investment doesn't guarantee anything, success is just what we hope for but it is never a guarantee no matter how long you hold your Bitcoin. Even long term investing still carries risks too because markets movement is unpredictable at every point and Bitcoin is always volatile. Long term investing only improve the chances of benefiting from Bitcoin’s long term growth over time.

Becoming rich is not all that bitcoin offers, besides he sounded too sure about investors becoming rich. The fact that past investors have made it clear that long term holding is profitable doesn't mean it would continue to be that way. In fact the can clearly see that the moving average of bitcoin is reducing in terms of significant price deflection in comparison with then days when bitcoin was still less than 5 years old. However that tells us that there is no guarantee that any investor who happens to invest in bitcoin will become rich as of old. In fact common sense can tell us that investing $5000 today in bitcoin wouod have same effect as investing that amount in 2015 so becoming rich off bitcoin would mean you'll have to have high purchasing powers and not everyone has this same luxury of cash flow. Which is why it's best to work with your financial capability with your major focus being bitcoin as a hedge to inflation rather than trying to become rich.

One major thing some investors don't know is this, when you have configured your mind to focus on becoming rich you might end up stopping halfway if you check you overall progress and observe that it's not moving according to your expectation, but then there are other advantages of bitcoin so why focus only on becoming rich when you can have  self custody over your funds and hedge over inflation at thesame time or even have a decentralized and anonymous financial status for your own privacy and protection.

[Tongley]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

There is no certainty that they will become rich or profit from Bitcoin if they can hold their holdings or hold Bitcoin for a long time.

The Bitcoin market is volatile, but if a person holds it for a long time, then his chances of profiting are much higher than the benefits of short-term investments or cycles. In order to hold it for a long time, we need to be patient and have a consistent and correct financial management and it is very helpful. We do not need a stable income to start investing or to continue investing continuously, but if we have a stable income, then it is definitely a lot of convenience to manage our financial situation and we can have expectations.

[Nightwatchmare]

To me I think you getting it all wrong with buying the Dip. I know DCA have proven to be the best not because other methods of accumulating bitcoin are bad but because it best suitable for all kind of user, that is the, poor, rich and even the middle class, it helps you accumulate with what you can actually afford regardless of your financial status.

But you see buy the Dip is often used by rich people, people who set aside a margin that when bitcoin drops even by 10 or 20 percent they will buy in bulk and hold for as long as possible. It doesn’t really matter if you are new into bitcoin investment.

You see every strategy has it audience and advantages too, but we all say DCA is better because it very okay for all kind of Audience.

Since a lot of us are not in the class of the rich, I don't think it makes sense dwelling so much on that. You have already explained that the DCA is suitable for all income classes which is true, hence we should focus more on applying the DCA method and every other things that will make the investment process sustainable. The problem with diverting attention into other methods is that people will begin to ponder on them out of curiosity and you never know how the human mind works but some people can end up becoming distracted.

I want to also inform you that not all the rich purchase Bitcoin through buying the dips, we have seen some notable whales using the DCA method. The comfort that the DCA method offers is something you will hardly see in any of the other methods of accumulation.

Don’t get me wrong mate, I’m not comparing both strategies but rather I’m clarifying that both strategies has it audience and works fine for everybody.
The DCA is the best amongst all, but that doesn’t mean that other strategies don’t work fine.

, it is very understandable why DCA method is that popular, at list if not for reason but for purpose of buying Bitcoin small, small, due to every investors is that rich.

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

Even if you hold Bitcoin for a very long time there is no certainty or assurance you will be rich or successful in Bitcoin investment, so your comment is misleading as it will make plenty of newbies or bigginers into Bitcoin investment believe once they hold Bitcoin for a very long time they will certainly become rich and it could make them invest in Bitcoin with the money meant for their day-to-day expenses, because you have made them believed after if they hold Bitcoin for a very long time they will be rich. It is true we can become rich with Bitcoin investment if we hold it for a very long time but it is not certain, so as we are investing in Bitcoin we should always invest with the money we can afford to lose and we should not have the believe of becoming rich with Bitcoin investment after holding for a long time as nothing is promised with Bitcoin investment.

[Abbatty]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

There is no certainty that you will make profit when you invest in Bitcoin. No matter how long you hold for making profit over your investment is not certain. These is one the mistake a lot of people make when investing. When you invest with the sole aim of having something to hold on to for your future than thinking over profit making then you will be less concern about becoming rich.

DCA have proven to be the best strategy to use in accumulating bitcoin, it give you that freedom to invest in what you can actually afford to lose.

So mate, Stop having that mindset of believing that you can make profit over bitcoin investment, there is not certainty over it.

[Halifat]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

There is no certainty that you will make profit when you invest in Bitcoin. No matter how long you hold for making profit over your investment is not certain. These is one the mistake a lot of people make when investing. When you invest with the sole aim of having something to hold on to for your future than thinking over profit making then you will be less concern about becoming rich.

DCA have proven to be the best strategy to use in accumulating bitcoin, it give you that freedom to invest in what you can actually afford to lose.

So mate, Stop having that mindset of believing that you can make profit over bitcoin investment, there is not certainty over it.

I understand your points but i want you to remember that bitcoin is not like any other coin, which is why I so much believe in holding it because it is certain that you will make profit from your investment, my reason for all this is that check the history of Bitcoin and trace the prices of it each year you can see that it is gradually moving up that is why I said if really you invested what you can afford to lose and you hold for years it is very certain that you will see profit in that.

It is not that I am disagree with you completely because everyone's opinions matter and from the look of things you are talking from your own experience.

DCA is indeed the best strategy to accumulate Bitcoin, right now there are millions of people that are using this strategies just to accumulate Bitcoin since because they don't have enough fund to go for the big digit that is why they started like this.

[SuperBitMan]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

There is no certainty that you will make profit when you invest in Bitcoin. No matter how long you hold for making profit over your investment is not certain.

I don’t agree with you, when you are investing in bitcoin for long term theirs big hope of you making profit, it is when you are investing in bitcoin for a short period of time that’s when making profit is not certain but as long as you are investing in bitcoin for long term you are sure of making profit in the long run, so don’t say no matter how long one invest in bitcoin one is not certain of making profit that’s not true, long term investment in bitcoin is usually certain of profit.

[pusaka]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

There is no certainty that you will make profit when you invest in Bitcoin. No matter how long you hold for making profit over your investment is not certain. These is one the mistake a lot of people make when investing. When you invest with the sole aim of having something to hold on to for your future than thinking over profit making then you will be less concern about becoming rich.

DCA have proven to be the best strategy to use in accumulating bitcoin, it give you that freedom to invest in what you can actually afford to lose.

So mate, Stop having that mindset of believing that you can make profit over bitcoin investment, there is not certainty over it.

Friends, don't think you can get rich when you invest, because the purpose of investment is not for us to become rich, but the purpose of investment is more than that, one of which is to make us financially stable in the future. Even if you invest in bitcoin, it doesn't mean you can get rich because of it.

How sure can you hold bitcoin for a very long time? That is, until you get a profit many times over from the investment you make?

I saw a lot and even felt it myself. For example, there is a person who told me that he regretted selling bitcoin with his profits at that time, if he held it until now, then he would have become very rich. And I was the same, I sold bitcoin with the profit target I had set at the beginning, then I repeated the purchase with the DCA strategy, and so on.

[Abbatty]

Every investor will become rich if they can hold Bitcoin for a long time, the longer their Bitcoin holdings are, the more successful they will be in becoming rich. One cannot become rich by investing in Bitcoin if they cannot hold it for a long time.
Therefore, the DCA method of Bitcoin investment will definitely be identified as an effective method when it is held for a long time. This will become a reality in the current situation, because Bitcoin investment should be done patiently, and if one can follow the DCA method, it will definitely become easier to hold Bitcoin for a long time.

There is no certainty that you will make profit when you invest in Bitcoin. No matter how long you hold for making profit over your investment is not certain.

I don’t agree with you, when you are investing in bitcoin for long term theirs big hope of you making profit, it is when you are investing in bitcoin for a short period of time that’s when making profit is not certain but as long as you are investing in bitcoin for long term you are sure of making profit in the long run, so don’t say no matter how long one invest in bitcoin one is not certain of making profit that’s not true, long term investment in bitcoin is usually certain of profit.

Why did you used the word HOPE instead of CERTAIN. Having a big hope that something will happen doesn’t mean it will happen, you are just hoping to make profit but not certain that you will make profit, that is why bitcoin is said to be Volatile in nature.

If their is certainty  that investing in bitcoin will make you profit then it not Volatile, it then not unpredictable. Don’t go me wrong, I’m not saying investing for a long time can’t get you profit but the certainty that you will make profit is what is not guaranteed.

[Rockson1]

I don’t agree with you, when you are investing in bitcoin for long term theirs big hope of you making profit, it is when you are investing in bitcoin for a short period of time that’s when making profit is not certain but as long as you are investing in bitcoin for long term you are sure of making profit in the long run, so don’t say no matter how long one invest in bitcoin one is not certain of making profit that’s not true, long term investment in bitcoin is usually certain of profit.

Nothing is guaranteed as far as it has to do with Bitcoin investment that is what we have been saying and thats because of price fluctuations and volatility but we should also know that these mentioned characters of Bitcoin happens in two phases dip and upsurge which means that there is likely to be profit at the long run might be right and they should not be discouraged, I think every investor has there reasons for believing anything, of course Bitcoin continues to make upward movement overtime, many investors has experienced that and may be thats the reason they have the conviction that Bitcoin is profitable on a long-term and if we look at it thoroughly, they might  right because for an investment to repeatedly act in the same direction and manner, it means such investment is trustworthy which means the possibility of it doing what it known for or what it has been doing is high, for me thats trust, Bitcoin has existed for some years, the long-term profit ratio has been high, it means long-term is a good deal for any Bitcoin investor.

[yudi09]

-snip-

There is no certainty that you will make profit when you invest in Bitcoin. No matter how long you hold for making profit over your investment is not certain. These is one the mistake a lot of people make when investing. When you invest with the sole aim of having something to hold on to for your future than thinking over profit making then you will be less concern about becoming rich.

DCA have proven to be the best strategy to use in accumulating bitcoin, it give you that freedom to invest in what you can actually afford to lose.

So mate, Stop having that mindset of believing that you can make profit over bitcoin investment, there is not certainty over it.

If this mindset persists, it could lead to prolonged mistakes. The profits earned by Bitcoin investors come from price appreciation. The more Bitcoin an investor holds—purchased at a relatively low price and sold at a higher price—the greater their return will be. Why are people more interested in the DCA method? Because by applying DCA to their investments, they can remain more relaxed without being burdened by price fluctuations.

Bitcoin is different from other cryptocurrencies. While Bitcoin is indeed volatile, since its inception up to the present—including through several halving events—when plotted on a chart, Bitcoin has consistently shown an upward price trend.