Buy Buy Buy or Sell Sell Sell?

[Showlove01]

However, there’s people that want to purchased their Bitcoin on a low price like whenever price dip. They have time to wait and that’s not a bad idea either.

It is also true that many people want to buy Bitcoin at a lower price as the price drops, if they have the time and,or patience, but this strategy is not bad. The main thing is that no matter what point you buy, you have to have a long term mindset. If you can move forward with your plan without worrying too much about short term fluctuations, the chances of success in Bitcoin investment increase.

I aggree with you, having long term goal or mindset in Bitcoin investment is among the tool that will lead someone to the success, the height they want or desire to go to because it is going to be like a reminder or a bell that will be informing an investor that this is what they want and desire and then you need determination to conquer whatsoever distractions such as Dip, selling because of little profit etc that will come your way as you progress because if you don't stand firm and stick to what you have in mind you can be easily distracted by this minor things.

[8rch7]

We never know whether a significant price drop will occur or not, so it's better not to wait for it If it doesn't happen we've missed out on investing in Bitcoin.
I believe that for long-term investing we must be able to implement a strategy and implement it consistently, For example, if you have a fixed monthly discretionary income, it's better to continue using the DCA method, It's a much better way to accumulate Bitcoin than waiting.

Right, we can't predicting when bitcoin raise the significant drop some time after buying at dip price have another dip for bitcoin and its important to buy bitcoin with difference lower price by separated capital. If investing bitcoin target for long term buy at dip price is good thing although few hour or days later reach another dip price and most of them not worry as investment target for several years later. Get new position to buy back if have dip price and not worry after buying not faster raise back to higher price.
Investor will accumulate and buy back bitcoin not matter will raise dip price or bitcoin still stable, for goal decision as long term investment optimistic bitcoin back higher price at right moment.

[MainIbem]

We never know whether a significant price drop will occur or not, so it's better not to wait for it If it doesn't happen we've missed out on investing in Bitcoin.
I believe that for long-term investing we must be able to implement a strategy and implement it consistently, For example, if you have a fixed monthly discretionary income, it's better to continue using the DCA method, It's a much better way to accumulate Bitcoin than waiting.

Right, we can't predicting when bitcoin raise the significant drop some time after buying at dip price have another dip for bitcoin and its important to buy bitcoin with difference lower price by separated capital. If investing bitcoin target for long term buy at dip price is good thing although few hour or days later reach another dip price and most of them not worry as investment target for several years later. Get new position to buy back if have dip price and not worry after buying not faster raise back to higher price.
Investor will accumulate and buy back bitcoin not matter will raise dip price or bitcoin still stable, for goal decision as long term investment optimistic bitcoin back higher price at right moment.

That's why every investor should have funds intact to seize the opportunity of every dip, no one know what the movement of Bitcoin could be at any time but we can prepare for it by keep our funds ready to take advantage of different dips. It's not as if investors should wait for it to go deeper before buying but those who are financially capable can buy daily during the period when the market is going down. One thing about Bitcoin that's mind lblowing is that both the bear and bull market has their own advantage but most people don't know this.

[Merit.s]

However, there’s people that want to purchased their Bitcoin on a low price like whenever price dip. They have time to wait and that’s not a bad idea either.

It is also true that many people want to buy Bitcoin at a lower price as the price drops, if they have the time and,or patience, but this strategy is not bad. The main thing is that no matter what point you buy, you have to have a long term mindset. If you can move forward with your plan without worrying too much about short term fluctuations, the chances of success in Bitcoin investment increase.

The problem is not about only having a long-term mindset bit accumulating as many bitcoin as possible overtime since bitcoin is the new asset that has the potential to multiply your money overtime. This is why we advise people not to wait for the dip because you're hindering yourself from increasing the size of your portfolio overtime to a certain level for your future.

I think you don't get the game, the higher the size of your bitcoin, the higher your profits will be in future. Will you love to end up with very little bitcoin after 12 years of being in the game because you were busy waiting to buy cheaper. It's better to buy at any price level and be consistent and persistent with your regular weekly DCA for 4-10 years and above till you reach your bitcoin target. Those who are waiting for the dip don't set a bitcoin target rather, they set a price target that might be impossible for them to buy at.

[JayJuanGee]

We never know whether a significant price drop will occur or not, so it's better not to wait for it If it doesn't happen we've missed out on investing in Bitcoin.
I believe that for long-term investing we must be able to implement a strategy and implement it consistently, For example, if you have a fixed monthly discretionary income, it's better to continue using the DCA method, It's a much better way to accumulate Bitcoin than waiting.

Right, we can't predicting when bitcoin raise the significant drop some time after buying at dip price have another dip for bitcoin and its important to buy bitcoin with difference lower price by separated capital. If investing bitcoin target for long term buy at dip price is good thing although few hour or days later reach another dip price and most of them not worry as investment target for several years later. Get new position to buy back if have dip price and not worry after buying not faster raise back to higher price.
Investor will accumulate and buy back bitcoin not matter will raise dip price or bitcoin still stable, for goal decision as long term investment optimistic bitcoin back higher price at right moment.

That's why every investor should have funds intact to seize the opportunity of every dip, no one know what the movement of Bitcoin could be at any time but we can prepare for it by keep our funds ready to take advantage of different dips. It's not as if investors should wait for it to go deeper before buying but those who are financially capable can buy daily during the period when the market is going down. One thing about Bitcoin that's mind lblowing is that both the bear and bull market has their own advantage but most people don't know this.

For any serious investor, holding back money for buying dips has its limitations since it is quite easy to run out of money or just to lapse to a point that you are waiting rather than buying.

Surely a person who emphasizes ongoing buying would be in a better mental position than one who is waiting for dips that might not happen, so there is nothing wrong with holding some money back (or on the side) for buying dips as long as it is not the primary strategy, and in that regard, I hesitate to consider any plan that holds back more than 20% of the regular bitcoin buys as being seriously focused on bitcoin accumulation.

Sure if we spend years and years investing in bitcoin then we might be in a better position to hold back for just the dips, but anyone investing in bitcoin in their early years (perhaps their first whole cycle) would be better off to just focus on accumulating regularly, consistently, persistently ongoingly and aggressively rather than fucking around preparing for dips that might not happen.

I see that your account (MainIbem) has been registered here since May 2017, so surely you may well would have had already had a lot of chances to accumulate a lot of bitcoin over the past 8.5 years, so you may well be in a better position than someone who is still in his first cycle of accumulating bitcoin.

[Edited out]

The problem is not about only having a long-term mindset bit accumulating as many bitcoin as possible overtime since bitcoin is the new asset that has the potential to multiply your money overtime. This is why we advise people not to wait for the dip because you're hindering yourself from increasing the size of your portfolio overtime to a certain level for your future.

Of course, the amount of bitcoin to accumulate will not be clear, yet the overall idea of accumulating as many as possible without overdoing it (without wrecking yourself in the accumulation process) remain valid considerations.  

A guy might have a general idea based on his current income, and maybe he wants to match his income or maybe he wants to 2x or 3x his income or maybe he has some other largely reasonable target.  There are some guys who might create targets that are unrealistic, too.. so we should aim to think and to project our possibilities in realistic terms..

I think you don't get the game, the higher the size of your bitcoin, the higher your profits will be in future.

Of course, profits are not guaranteed.. but yeah more bitcoin will likely give more options, so you end up being in a better position and with more flexibility if you are able to overshoot your target.

Will you love to end up with very little bitcoin after 12 years of being in the game because you were busy waiting to buy cheaper. It's better to buy at any price level and be consistent and persistent with your regular weekly DCA for 4-10 years and above till you reach your bitcoin target. Those who are waiting for the dip don't set a bitcoin target rather, they set a price target that might be impossible for them to buy at.

You are right about this, and even though the progress might sometimes seem slow, there is likely more progress happening for guys who are ongoingly building their bitcoin holdings rather than guys spending time waiting for lower prices that might not end up happening, and even their waiting rather than acting will likely put them into a less than serious mental framework that is coupled by inaction rather than ongoing and reinforced actions that ongoingly build the bitcoin holdings to larger and larger amounts.

[Umulala-alala]

However, there’s people that want to purchased their Bitcoin on a low price like whenever price dip. They have time to wait and that’s not a bad idea either.

Timing and waiting for dip before you can buy BTC is bad if you are still at their early age in bitcoin investment i still wonder why you are saying that it's not bad maybe you does that, don't blame me if i say that you are a trader because you are just sounding like one now and it can be misleading most expecially to newbies.

Buying the dip is a good time to buy but waiting for the dip before buying is actually wrong.

[Derekfunds]

You are right about this, and even though the progress might sometimes seem slow, there is likely more progress happening for guys who are ongoingly building their bitcoin holdings rather than guys spending time waiting for lower prices that might not end up happening, and even their waiting rather than acting will likely put them into a less than serious mental framework that is coupled by inaction rather than ongoing and reinforced actions that ongoingly build the bitcoin holdings to larger and larger amounts.

You are absolutely correct and there is something I have come to observe and that thing is that if someone can not buy little by little it will be so hard and difficult for them buy large even though the price of Bitcoin Dip because a serious minded person will always start small and hoping to increase or grow. There's something they use to tell me before when I was tender, they use to tell me that if you can not give someone something or help someone when you have little, that even if you have plenty that you cannot still be able to help and I don't believe until I see someone myself. Bitcoin is a very nice asset and someone doesn't need to get it in a bulk, gradual process is the key.

[ejikeme24]

[Edited out]

You are absolutely correct and there is something I have come to observe and that thing is that if someone can not buy little by little it will be so hard and difficult for them buy large even though the price of Bitcoin Dip because a serious minded person will always start small and hoping to increase or grow. There's something they use to tell me before when I was tender, they use to tell me that if you can not give someone something or help someone when you have little, that even if you have plenty that you cannot still be able to help and I don't believe until I see someone myself. Bitcoin is a very nice asset and someone doesn't need to get it in a bulk, gradual process is the key.

This theory is only for those that doesn't have a good cash flow or those that keep hoping to buy after they must have figured everything out or have a stable source of income, because even when they finally succeed in achieving all of this they won't even think about investing instead they will keep procrastinating or even waiting to get a different source of income before investing, That is because they are used to procrastination.

However if you're not used to procrastination you won't find it hard to buy because most investors prefer buying in lump sum and that is due to their cash flow, so investment is supposed to be make according to our cash flow. If you don't have all it take to buy in lump sum then it's better you stick to the regular buying of Bitcoin using the DCA and then allow those that think they are qualified/ or buying in lump sum is the best idea for them.

[Tonimez]

[Edited out]

You are absolutely correct and there is something I have come to observe and that thing is that if someone can not buy little by little it will be so hard and difficult for them buy large even though the price of Bitcoin Dip because a serious minded person will always start small and hoping to increase or grow. There's something they use to tell me before when I was tender, they use to tell me that if you can not give someone something or help someone when you have little, that even if you have plenty that you cannot still be able to help and I don't believe until I see someone myself. Bitcoin is a very nice asset and someone doesn't need to get it in a bulk, gradual process is the key.

This theory is only for those that doesn't have a good cash flow or those that keep hoping to buy after they must have figured everything out or have a stable source of income, because even when they finally succeed in achieving all of this they won't even think about investing instead they will keep procrastinating or even waiting to get a different source of income before investing, That is because they are used to procrastination.

However if you're not used to procrastination you won't find it hard to buy because most investors prefer buying in lump sum and that is due to their cash flow, so investment is supposed to be make according to our cash flow. If you don't have all it take to buy in lump sum then it's better you stick to the regular buying of Bitcoin using the DCA and then allow those that think they are qualified/ or buying in lump sum is the best idea for them.

The different bitcoin investment strategies are meant for people based on how it fits into their plans. For me what really determines the strategy of choice is the stage of your life at which you joined bitcoin investment and also your cashflow management. A person who has a low income and willing to invest in bitcoin would definitely invest in bitcoin but in a minimal manner unlike a high income earner (depending on their responsibilities). When we think about stress-free the DCA strategy is it appears like that's the only working strategy but it is not. The concept of investment little by little is good because it helps to because it helps a person build his bitcoin portfolio without stress. It's disadvantage is that it takes more time to build than the lump-sum strategy which you can employ to enrich your portfolio faster over a short period of time.

One can be assured that he would choose the DCA strategy over other strategies due to its flexibility and disciplined methods of investment and holding.

[doffiaicial]

  “Buy or sell” really depends on what the market structure is telling you. Blindly buying or selling is how people get rekt. I prefer to let the chart make the decision: if we’re printing higher highs and higher lows with strong volume, I’m more comfortable buying dips. If structure breaks, support fails, or momentum dries up, selling or taking profit isn’t a bad idea.

 No emotion, just reacting to what the market confirms. Strategy  is  greater than guessing !

[GeorgeJohn]

I aggree with you, having long term goal or mindset in Bitcoin investment is among the tool that will lead someone to the success, the height they want or desire to go to because it is going to be like a reminder or a bell that will be informing an investor that this is what they want and desire and then you need determination to conquer whatsoever distractions such as Dip, selling because of little profit etc that will come your way as you progress because if you don't stand firm and stick to what you have in mind you can be easily distracted by this minor things.

In Bitcoin investment the longer you're holding a Bitcoin the more advantages you are for making profit, Bitcoin investment can only be profitable if you decide to make your holding to be long run

The shorter you hold a bitcoin the more you misses chances of benefiting from bitcoin, Some people is regretting today because they couldn't hold bitcoin the time it was on 17k, and some is still on a regret because they hold a large quantity of Bitcoin at of the time were on 20k-30k

It's better to hold your Bitcoin for long-term, it will give you edge to make profit from bitcoin...do not be curious to withdraw your investment on bitcoin because of the down falls of it's price...the more it falls the more it gather the momentum to retrace, some of us would have own 1btc in our wallet assuming we were holding what we earn from bitcointalk or BTC we purchased during the time bitcoin were 17k, but out panic we sold out our BTC and today some of who made such mistakes is regretting till now...so do not be among of people that will regret after selling their bitcoin


We should take advantages of falling of Bitcoin, by accumulating btc everytime it drops.

[7juju]

However, there’s people that want to purchased their Bitcoin on a low price like whenever price dip. They have time to wait and that’s not a bad idea either.

It is also true that many people want to buy Bitcoin at a lower price as the price drops, if they have the time and,or patience, but this strategy is not bad.

It is not entirely a bad strategy, but for you to the get the most out of your investment journey, I will advise that while you are waiting for the price to fluctuate, you should be buying with little amount on weekly basis, when the market eventually fluctuate (which is not certain) you can invest a bigger amount to enhance your accumulated bitcoin. That way you will be stacking up bitcoin rather than waiting without having any bitcoin in your possession. If it happens that the market drops you were hoping for didn't come you won't regret that much because you have been collecting little by little while you were waiting, and you will be console by that one.

[Umulala-alala]

  “Buy or sell” really depends on what the market structure is telling you. Blindly buying or selling is how people get rekt. I prefer to let the chart make the decision: if we’re printing higher highs and higher lows with strong volume, I’m more comfortable buying dips. If structure breaks, support fails, or momentum dries up, selling or taking profit isn’t a bad idea.

 No emotion, just reacting to what the market confirms. Strategy  is  greater than guessing !

Buying and selling is not an investment but trading, if you are more comfortable buying only the dip it shows you are also a trader who buys the dip and sell when the bitcoin price increase. Bitcoin investment is when you are regularly buying and hodl for 4-10 or more without thinking of selling, you can invest with money you can afford to loss which is your discretionary income and also create an emergency fund incase any occur you won't think of selling soon because you already have an emergency fund to take care of that. Investing and hodling for long is not too hard to do, you can be buying gradually using the dca strategy either you are buying it every weeks or every months and then hodl it for long.

[durg0319]

I aggree with you, having long term goal or mindset in Bitcoin investment is among the tool that will lead someone to the success, the height they want or desire to go to because it is going to be like a reminder or a bell that will be informing an investor that this is what they want and desire and then you need determination to conquer whatsoever distractions such as Dip, selling because of little profit etc that will come your way as you progress because if you don't stand firm and stick to what you have in mind you can be easily distracted by this minor things.

In Bitcoin investment the longer you're holding a Bitcoin the more advantages you are for making profit, Bitcoin investment can only be profitable if you decide to make your holding to be long run

The shorter you hold a bitcoin the more you misses chances of benefiting from bitcoin, Some people is regretting today because they couldn't hold bitcoin the time it was on 17k, and some is still on a regret because they hold a large quantity of Bitcoin at of the time were on 20k-30k

It's better to hold your Bitcoin for long-term, it will give you edge to make profit from bitcoin...do not be curious to withdraw your investment on bitcoin because of the down falls of it's price...the more it falls the more it gather the momentum to retrace, some of us would have own 1btc in our wallet assuming we were holding what we earn from bitcointalk or BTC we purchased during the time bitcoin were 17k, but out panic we sold out our BTC and today some of who made such mistakes is regretting till now...so do not be among of people that will regret after selling their bitcoin


We should take advantages of falling of Bitcoin, by accumulating btc everytime it drops.

‎Every thing about Bitcoin investments comes down to patience, how you handle your emotions and discipline. People who tends to be discipline especially during a short term  market downturn usually benefit the most, as they ignore any sort of short term moves or noise. Instead of reacting to every  drops or noise what they do  is to accumulate more Bitcoin  and focus on the long run like holding for like 9-10 years above which builds bigger gains.

[Popkon6]

However, there’s people that want to purchased their Bitcoin on a low price like whenever price dip. They have time to wait and that’s not a bad idea either.

Timing and waiting for dip before you can buy BTC is bad if you are still at their early age in bitcoin investment i still wonder why you are saying that it's not bad maybe you does that, don't blame me if i say that you are a trader because you are just sounding like one now and it can be misleading most expecially to newbies.

Buying the dip is a good time to buy but waiting for the dip before buying is actually wrong.

If a person is waiting for a dip purchase then he should not wait, if he buys Bitcoin according to the DCA method then he will be able to save more than buying dips every week. Those who wait are missing the opportunity to buy Bitcoin every moment, it is a kind of loss for him, because you see that time is passing and you will never get it back so you have money you can use the money and increase your Bitcoin investment. The more your Bitcoin investment increases the more benefits you will be ready to get, but every investment should be made using the DCA method then you will save on both sides and will be able to sustain your Bitcoin investment for a long time.

[Female King]

I aggree with you, having long term goal or mindset in Bitcoin investment is among the tool that will lead someone to the success, the height they want or desire to go to because it is going to be like a reminder or a bell that will be informing an investor that this is what they want and desire and then you need determination to conquer whatsoever distractions such as Dip, selling because of little profit etc that will come your way as you progress because if you don't stand firm and stick to what you have in mind you can be easily distracted by this minor things.

In Bitcoin investment the longer you're holding a Bitcoin the more advantages you are for making profit, Bitcoin investment can only be profitable if you decide to make your holding to be long run

The shorter you hold a bitcoin the more you misses chances of benefiting from bitcoin, Some people is regretting today because they couldn't hold bitcoin the time it was on 17k, and some is still on a regret because they hold a large quantity of Bitcoin at of the time were on 20k-30k

It's better to hold your Bitcoin for long-term, it will give you edge to make profit from bitcoin...do not be curious to withdraw your investment on bitcoin because of the down falls of it's price...the more it falls the more it gather the momentum to retrace, some of us would have own 1btc in our wallet assuming we were holding what we earn from bitcointalk or BTC we purchased during the time bitcoin were 17k, but out panic we sold out our BTC and today some of who made such mistakes is regretting till now...so do not be among of people that will regret after selling their bitcoin


We should take advantages of falling of Bitcoin, by accumulating btc everytime it drops.

‎Every thing about Bitcoin investments comes down to patience, how you handle your emotions and discipline. People who tends to be discipline especially during a short term  market downturn usually benefit the most, as they ignore any sort of short term moves or noise. Instead of reacting to every  drops or noise what they do  is to accumulate more Bitcoin  and focus on the long run like holding for like 9-10 years above which builds bigger gains.

When the market decline it become an advantage to accumulate more bitcoin. Bitcoin investment doesn't guarantee bigger gain or profit even if we buy and hold for 9-10, if it guarantee us bigger gain people wouldn't have been afraid to buy bitcoin with all they have knowing that bigger profit await them in the future.

Invest with money you can afford losing nothing is guaranteed in bitcoin even if hold for long for you can either be at lost or also at gain so it will be right if we accumulate with our discretionary income and hodl for long then what even the future brings take it as part of the investment.

[ruykeri]

‎Every thing about Bitcoin investments comes down to patience, how you handle your emotions and discipline. People who tends to be discipline especially during a short term  market downturn usually benefit the most, as they ignore any sort of short term moves or noise. Instead of reacting to every  drops or noise what they do  is to accumulate more Bitcoin  and focus on the long run like holding for like 9-10 years above which builds bigger gains.

You have given a lot of importance to patience and emotional control in investing in Bitcoin, I agree with you on this. However, if you do not have a proper plan, you will never be able to be patient when needed. Patience and discipline will work only then you will have a strong cashflow and sufficient back-up funds. Therefore, before investing, you first need a strong income source, back-up funds, discretionary income. If you can invest in the DCA method with a long-term mentality, maintain proper discipline with patience, then the chances of success increase after a long time .

[gracreavix]

I aggree with you, having long term goal or mindset in Bitcoin investment is among the tool that will lead someone to the success, the height they want or desire to go to because it is going to be like a reminder or a bell that will be informing an investor that this is what they want and desire and then you need determination to conquer whatsoever distractions such as Dip, selling because of little profit etc that will come your way as you progress because if you don't stand firm and stick to what you have in mind you can be easily distracted by this minor things.

In Bitcoin investment the longer you're holding a Bitcoin the more advantages you are for making profit, Bitcoin investment can only be profitable if you decide to make your holding to be long run

The shorter you hold a bitcoin the more you misses chances of benefiting from bitcoin, Some people is regretting today because they couldn't hold bitcoin the time it was on 17k, and some is still on a regret because they hold a large quantity of Bitcoin at of the time were on 20k-30k

It's better to hold your Bitcoin for long-term, it will give you edge to make profit from bitcoin...do not be curious to withdraw your investment on bitcoin because of the down falls of it's price...the more it falls the more it gather the momentum to retrace, some of us would have own 1btc in our wallet assuming we were holding what we earn from bitcointalk or BTC we purchased during the time bitcoin were 17k, but out panic we sold out our BTC and today some of who made such mistakes is regretting till now...so do not be among of people that will regret after selling their bitcoin


We should take advantages of falling of Bitcoin, by accumulating btc everytime it drops.

Make sense, because it all comes back to one main thing, patience. Bitcoin has always rewarded people who give it time. The reason many investors miss out is because they want quick results, and the moment the price dips, they panic. But real profit comes from holding through the noise, not reacting to every small move..

If someone truly wants to benefit from Bitcoin, they need to be patient enough to ride the highs and the lows. Every dip is just another opportunity to accumulate more, but only patient investors see it that way. I think patience is really the biggest edge any Bitcoin holder can have.

[SilverCryptoBullet]

Make sense, because it all comes back to one main thing, patience. Bitcoin has always rewarded people who give it time. The reason many investors miss out is because they want quick results, and the moment the price dips, they panic. But real profit comes from holding through the noise, not reacting to every small move..

If someone truly wants to benefit from Bitcoin, they need to be patient enough to ride the highs and the lows. Every dip is just another opportunity to accumulate more, but only patient investors see it that way. I think patience is really the biggest edge any Bitcoin holder can have.

Bitcoin does its job, grows up with time and opens opportunities of making wealth for many people but Bitcoin is unable to change lives of all people. Whether people accepts Bitcoin, invest money in Bitcoin, and do their investment rightly is up to different people. With different actions from financial management to investment capital and risk management, then are able to maintain discipline and patience, people will gain different investment results.

Some get profit from their right investment practice, and some others get losses by their bad practice but Bitcoin is simply Bitcoin with good price growth with time. People with bad investment practice can not affect Bitcoin price in long term and loss belong to them, not Bitcoin.

[alankasman]

Bitcoin does its job, grows up with time and opens opportunities of making wealth for many people but Bitcoin is unable to change lives of all people. Whether people accepts Bitcoin, invest money in Bitcoin, and do their investment rightly is up to different people. With different actions from financial management to investment capital and risk management, then are able to maintain discipline and patience, people will gain different investment results.
Some get profit from their right investment practice, and some others get losses by their bad practice but Bitcoin is simply Bitcoin with good price growth with time. People with bad investment practice can not affect Bitcoin price in long term and loss belong to them, not Bitcoin.

Bitcoin can certainly increase wealth for everyone, but the chances are quite small. First, you must understand the importance of investing in patience and discipline. Many people only want to achieve something quickly without considering the patience involved in the discipline process.
What we must understand is the different ways to manage our finances, so our investments don't generate profits because many of the wrong things we do make our investments high-risk, especially since our discipline is completely incapable of changing the outcome of our wealth.

If done correctly, it's possible that Bitcoin will provide us with substantial profits and wealth, especially if we're investing long-term. Discipline is essential. Without it, we'll constantly be worried about market price fluctuations. Market conditions aren't predictable, making them difficult for those seeking immediate returns on their investments.