Buy Buy Buy or Sell Sell Sell?

[Finebone]

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

One of the biggest mistakes most of you newbies does is giving out lectures to those that you should be learning from, who told you that trading your Bitcoin brings higher rewards?
It's more risky, but less rewarding if it is being compared to investment in bitcoin, because the short term you are talking of is either trading or gambling with your holdings.

Overtime it has been proven that the biggest benefactors are those that buy and held their Bitcoin coin for a very long time, not those that sell prematurely or for minimal gains that will have less impact on their financial status.

[MusaPk]

One of the biggest mistakes most of you newbies does is giving out lectures to those that you should be learning from, who told you that trading your Bitcoin brings higher rewards?
It's more risky, but less rewarding if it is being compared to investment in bitcoin, because the short term you are talking of is either trading or gambling with your holdings.

Overtime it has been proven that the biggest benefactors are those that buy and held their Bitcoin coin for a very long time, not those that sell prematurely or for minimal gains that will have less impact on their financial status.

Selling Bitcoin with intention of buying them back later is a big mistake, by doing so one is getting few bucks of profit but he is missing the bigger piece of the cake. Bitcoin is only for long term and there is no shortcut of becoming rich with Bitcoin. There are different tools available that gives us overview (by tracking bitcoin previous data) of how beneficial it is if we keep investing in Bitcoin for at least 4 years and if someone can keep Bitcoin for 10 years then it will defiantly help him in achieving financial freedom. 

[ChocolateBitcoinK]

One of the biggest mistakes most of you newbies does is giving out lectures to those that you should be learning from, who told you that trading your Bitcoin brings higher rewards?
It's more risky, but less rewarding if it is being compared to investment in bitcoin, because the short term you are talking of is either trading or gambling with your holdings.

Overtime it has been proven that the biggest benefactors are those that buy and held their Bitcoin coin for a very long time, not those that sell prematurely or for minimal gains that will have less impact on their financial status.

Selling Bitcoin with intention of buying them back later is a big mistake, by doing so one is getting few bucks of profit but he is missing the bigger piece of the cake. Bitcoin is only for long term and there is no shortcut of becoming rich with Bitcoin. There are different tools available that gives us overview (by tracking bitcoin previous data) of how beneficial it is if we keep investing in Bitcoin for at least 4 years and if someone can keep Bitcoin for 10 years then it will defiantly help him in achieving financial freedom. 

If we want to invest in Bitcoin, then we have to invest in Bitcoin with a long-term goal, there is no guarantee of what kind of results those who expect in the short term will get from this, rather the chances will be against them, they may lose more than they expect. So we have to think long-term, we can never get any guarantee by investing in any way, but when we invest in the long term, even if there is no guarantee of success here, the chances will be in our favor, and we should continue investing while maintaining this possibility.

[Just Say]

Basically, investing is taking risks, there is a saying that no pain no gain, the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

Hey, you know the basic principles of the DCA method first, why do you sometimes choose a short-term when investing in this method, if someone is under financial pressure, has a less job and additional responsibilities, they should not look for shortcuts in Bitcoin investment because this short-term method destroys the discipline of any investment.

Remember, with a small amount of dollars, each of our categories of investors can get several thousand satoshis, so why choose a short-term approach? So I would say that morale needs to be increased, because see here that it is mentioned that Satoshi gave or created the idea of creating this digital gold 17 years ago but it has currently touched a record amount of market capitalization and has become the global reserve currency, so perhaps this is where the potential of this digital gold is hidden that it will grow further in the long term.

[ejikeme24]

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

[PhilosopherKing]

Basically, investing is taking risks, there is a saying that no pain no gain, the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

What the hell will you gain by trying to advise people toward trading bitcoin? Lets be clear here, when you start to be talking of short term goals, that is no longer investment, it is trading, so why don't you stop sugarcoating it.  You think that high income will make anyone immune to the loss of trading Bitcoin, hahaha, then you must be wrong.

DCA is not some weak strategy for scared people, it is the bestest( if there is a grammar like that) strategy that can be used to confidently build a good Bitcoin position. My new year gift to you is the advise to stop trading bitcoin, go and DCA

[JayJuanGee]

Waiting for the dip before buying bitcoin is never the perfect strategy for a true investor whose initial strategy focused on the long term goal of investment. Waiting for the dip is going to gradually turn you into a trader who’s in for a quick profit and will always panic to sell if the market is not going their way or if they notice a little increase in price. It’s advisable for newbies to use the DCA method of buying bitcoin regular either on weekly or monthly basis with just their discretionary income to enable them buy at any market price and hold for long term goal where they can gradually build up their portfolio to a decently large amount of bitcoin before they can think of relaxing a bit with their accumulation and buying the dips.

All the strategies has its pros and cons. Buying the dip isn't a good strategy for beginners that are still starting to invest in bitcoin. The DCA strategy would be more good for them to start with as this will eliminate the stress and pressure of always timing the market and missing out opportunities as a result of waiting for a dip. However, I won't say buying dip isn't good for someone who has been buying bitcoin or who has bought a huge amount of bitcoin either through lump sum buying, they can decide to use buying the dip

Buying the dip and lump sum are different strategies.

A person who is starting out investing in bitcoin, and if he has $100 per week to invest, then I hardly see any reason for such a person to try to hold back for buying the dip, even if he were to hold back 20% and invest the other $80 right away every week.

The advantages and disadvantages could be weighed by someone who might have some extra funds already available or if he gets the extra funds in the future.

Many times guys are using the ideas of buying the dip by describing that they are going to hold back value in order to wait for the price to dip.  I hardly see advantages and disadvantages in that, since why would we consider getting lucky in a gambling situation (if the price were to drop) to have had been an advantage - it was merely luck based on gambling.

Let's use your registration date of April 2024 Hardyrobust, and suggest that if a person had already been investing at $100 per week, then maybe when he saw the price go down from $126k in early October to below $100k, then maybe he would be inspired to buy more because he perceives that the BTC price is dipping.  So are you saying that he would have had been holding back on that money or maybe he just becomes inspired to liquidate some other investment that he has and to move that value into bitcoin because he noticed that the BTC price had dipped from its earlier price? 

On the other hand, if you are suggesting that the guy would be with advantages and disadvantages to wait for more dip, then you seem to be gambling rather than really considering the advantages and disadvantages.. since it seems to me guys need to prepare for up, and if they are inadequately preparing for up due to their vision of advantages of the BTC price going down, then they likely don't really understand bitcoin very well or sufficiently understand the disadvantages around their mindset of insufficiency/inadequately preparing for up.   

What have you been doing since April 2024 Hardyrobust?  Have you been holding back your investment or have you been investing into bitcoin regularly?  If you have been holding back based on your perception that you might come across cheaper BTC prices in the future, then it seems to me that you are insufficiently and inadequately preparing for up.. and so you are likely not really understanding the disadvantages in that, even though you are focused on a potential advantage to buy some bitcoin cheaper.. but you are gambling, since the price might not go down from the point that you are faced to make decisions in regards to whether to buy now  or to wait and how much of your value are you going to hold back for waiting for dips that might not happen?

Perhaps from your point of view, there could be advantages to gamble with your accumulation of bitcoin, yet there also could be a disadvantage because you are in the wrong mindset in regards to bitcoin sine you consider bitcoin to be a gamble rather than an investment... so you want to take chances to wait rather than to ongoingly buy.

Basically, investing is taking risks, there is a saying that no pain no gain,

Even though you use the word, "investing" you seem to be talking about trading.

You probably don't know the difference in the terms or what they mean.

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward,

Yes.  You are saying that trading might be better than investing, so you might not know how to figure out how to establish a 4-10 year or longer timeline.

Trading is not a good idea when it comes to bitcoin, even though sure, you might be able to profit in the short term and you might even be able to make quite profitable trades.

I doubt that you (or trading) would be able to beat longer term investing in bitcoin, such as 8 years or longer.

Of course, you are free to do whatever you want, yet at the same time, I doubt that you have any system for trading that would be able to beat investing into bitcoin, so with bitcoin, we have one of the best (if not the best) of assets that is available to everyone and anyone as long as they have discretionary funds, and so it seems a bit short-sighted to be fucking around trying to trade such as good asset like bitcoin.

this is best for high income earners, so Incase things goes south there's something to run back to.

Huh?  Why does it matter if a person is a high income earner or not?  Sure if someone is a high income earner, then presumptively those folks have more money that they could invest into bitcoin, yet I cannot see any reason that a high income earner would want to throw away his money on trading bitcoin rather than investing into it... even though surely high income earners have more options in terms of potentially employing a variety of strategies in their financial management, yet if they cannot resist trading and/or gambling, i would suggest that they trade/gamble with no more than 10% of the size of their bitcoin investment, so in other words, they should try to exercise some self-restraint in regards to the amount that they trade/gamble with bitcoin.

One of the problems with traders/gamblers is that they tend to have difficulties putting limits upon their bad habits... so they might start out with limits but then get sucked into trading/gambling with higher and higher amounts, and perhaps if they don't learn their lesson, they end up underperforming a more strict investing (rather than trading/gambling) approach.

[Agbamoni]

Selling Bitcoin with intention of buying them back later is a big mistake, by doing so one is getting few bucks of profit but he is missing the bigger piece of the cake. Bitcoin is only for long term and there is no shortcut of becoming rich with Bitcoin. There are different tools available that gives us overview (by tracking bitcoin previous data) of how beneficial it is if we keep investing in Bitcoin for at least 4 years and if someone can keep Bitcoin for 10 years then it will defiantly help him in achieving financial freedom. 

Not only a big mistake, but it is also harmful to an investor. Selling Bitcoin to buy back when the price drops is a typical act of trading. We all know that trading is bad for someone who claims they want to invest in Bitcoin for the longterm.

Irrespective of the fact that I prefer long-term investment over short-term, I still believe Bitcoin is not only for the long term. We should stop preaching false information. Bitcoin is preferable for the long term because of the benefits you will gain. However, everyone has the right to choose what they want, either short or long, accumulating bitcoin is important.

[Tonimez]

the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

We have to understand a person's status too before taking him very serious with his opinions. Firstly, he is still a beginner and thanks goodness he could proudly state his bitcoin presumed better option of which it's better that going silently into bitcoin gambling and leaving bitcoin with disappointment. I hope he learns and focus on the right way. The underlying issue most times is the way a person learns about bitcoin. Most beginners that are introduced into bitcoin by bitcoin traders most often become bitcoin gamblers because they have been brainwashed by their coach. This is the single reason why I wouldn't blame a beginner so much when I notice he's having a traders mindset. What then matters is if that beginner is ready to unlearn what he has been thought and relearn the right attitude.

If a beginner can voice his view or understand of how bitcoin should be treated, then he would probably also be ready to make amends because he wouldn't want to get frustrated out of bitcoin due to possible multiple losses. When you test the DCA strategy with a long term mindset, you would realise how stress-free bitcoin investment could be.

[Popkon6]

One of the biggest mistakes most of you newbies does is giving out lectures to those that you should be learning from, who told you that trading your Bitcoin brings higher rewards?
It's more risky, but less rewarding if it is being compared to investment in bitcoin, because the short term you are talking of is either trading or gambling with your holdings.

Overtime it has been proven that the biggest benefactors are those that buy and held their Bitcoin coin for a very long time, not those that sell prematurely or for minimal gains that will have less impact on their financial status.

Selling Bitcoin with intention of buying them back later is a big mistake, by doing so one is getting few bucks of profit but he is missing the bigger piece of the cake. Bitcoin is only for long term and there is no shortcut of becoming rich with Bitcoin. There are different tools available that gives us overview (by tracking bitcoin previous data) of how beneficial it is if we keep investing in Bitcoin for at least 4 years and if someone can keep Bitcoin for 10 years then it will defiantly help him in achieving financial freedom. 

Of course, it is best to hold Bitcoin for the long term, if you think that holding it for a short period of time will never be right. Yes, I believe that there is no shortcut to getting rich by investing in Bitcoin, the more Bitcoin you hold for the long term, the more financially active you are guaranteed to be. That is why many people follow the Bitcoin DCA method and keep Bitcoin for a long time, a low-income person can also follow the DCA method and keep Bitcoin for a long time. Bitcoin is open to investment for everyone, so this is the biggest and most attractive strategy to seize this Bitcoin and eliminate economic deprivation in the future.

[Father111]

Basically, investing is taking risks, there is a saying that no pain no gain, the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

In Bitcoin high risk does not guarantee you high rewards looking at the volatility of Bitcoin, what you actually needs as a beginner is to acquire the necessary skills in Bitcoin and also understand the nature of Bitcoin market which may widely influenced the strategy you will adopt to meet your target based on financial inflows either on weekly or monthly basis. Also you will need to budget your finances, keeping your emergency funds to meet up with your emergency situations so as not to disrupt your investment then you kindly make use of discretional funds to invest in Bitcoin using any of the strategies and hold as long as possible while you keep accumulating to build a portfolio .

[Brizi5000]

Buying the dip and lump sum are different strategies.

A person who is starting out investing in bitcoin, and if he has $100 per week to invest, then I hardly see any reason for such a person to try to hold back for buying the dip, even if he were to hold back 20% and invest the other $80 right away every week.

The advantages and disadvantages could be weighed by someone who might have some extra funds already available or if he gets the extra funds in the future.

Many times guys are using the ideas of buying the dip by describing that they are going to hold back value in order to wait for the price to dip.  I hardly see advantages and disadvantages in that, since why would we consider getting lucky in a gambling situation (if the price were to drop) to have had been an advantage - it was merely luck based on gambling.

Let's use your registration date of April 2024 Hardyrobust, and suggest that if a person had already been investing at $100 per week, then maybe when he saw the price go down from $126k in early October to below $100k, then maybe he would be inspired to buy more because he perceives that the BTC price is dipping.  So are you saying that he would have had been holding back on that money or maybe he just becomes inspired to liquidate some other investment that he has and to move that value into bitcoin because he noticed that the BTC price had dipped from its earlier price? 

On the other hand, if you are suggesting that the guy would be with advantages and disadvantages to wait for more dip, then you seem to be gambling rather than really considering the advantages and disadvantages.. since it seems to me guys need to prepare for up, and if they are inadequately preparing for up due to their vision of advantages of the BTC price going down, then they likely don't really understand bitcoin very well or sufficiently understand the disadvantages around their mindset of insufficiency/inadequately preparing for up.   

What have you been doing since April 2024 Hardyrobust?  Have you been holding back your investment or have you been investing into bitcoin regularly?  If you have been holding back based on your perception that you might come across cheaper BTC prices in the future, then it seems to me that you are insufficiently and inadequately preparing for up.. and so you are likely not really understanding the disadvantages in that, even though you are focused on a potential advantage to buy some bitcoin cheaper.. but you are gambling, since the price might not go down from the point that you are faced to make decisions in regards to whether to buy now  or to wait and how much of your value are you going to hold back for waiting for dips that might not happen?

Perhaps from your point of view, there could be advantages to gamble with your accumulation of bitcoin, yet there also could be a disadvantage because you are in the wrong mindset in regards to bitcoin sine you consider bitcoin to be a gamble rather than an investment... so you want to take chances to wait rather than to ongoingly buy.

i agree with you because the waiting game is not advisable for someone who is still very much in his accumulation stage and haven't gotten to some sort of a level where he can comfortably say that hes gotten to his accumulation target or even over-accumulation. surely, whatever have an advantage also have a disadvantage and in this regard i think the disadvantage is higher especially to this investor who is still in accumulation stage  because hes likely to miss out big time on some buying opportunities which would've helped to gradually improve his portfolio and again he might end up waiting forever without even buying because the dip may not occur. you don't have to follow them in the waiting game because most of them who do wait for the dip now if you check very well they have already accumulated good amount of bitcoin over the years and that's why they can comfortably wait. so before waiting you must make sure to have already accumulated a decent large amount of bitcoin or perhaps gotten to their accumulation target or over accumulation as the case may be.

[Gaza13]

Basically, investing is taking risks, there is a saying that no pain no gain, the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

In Bitcoin high risk does not guarantee you high rewards looking at the volatility of Bitcoin, what you actually needs as a beginner is to acquire the necessary skills in Bitcoin and also understand the nature of Bitcoin market which may widely influenced the strategy you will adopt to meet your target based on financial inflows either on weekly or monthly basis. Also you will need to budget your finances, keeping your emergency funds to meet up with your emergency situations so as not to disrupt your investment then you kindly make use of discretional funds to invest in Bitcoin using any of the strategies and hold as long as possible while you keep accumulating to build a portfolio .

Before investing, knowledge and insight are crucial foundations for every investment step. Without a thorough understanding of the market, risks, and strategies, we can easily fall into decisions that lead to losses. Investing anywhere carries risks, and crypto is known for its significant fluctuations. High returns depend on how long you hold the asset the longer you hold it, the greater the potential return. It's crucial to budget your monthly income in a structured manner to ensure your investments aren't disrupted by unexpected expenses. This helps maintain financial discipline and ensures consistent fund allocation.

[Futurexxx]

In Bitcoin high risk does not guarantee you high rewards looking at the volatility of Bitcoin, what you actually needs as a beginner is to acquire the necessary skills in Bitcoin

I largely agree with you that higher risk does not guarantees you a higher rewards when talking about Bitcoin investment, once you take a bigger risk by investing what you can't afford to lose, you are no longer investing on the longer run, but you are now trading or gambling since you will now be  chasing short term gains instead of long term.

Additional, you said something that makes me curious, like what do you mean by What you actually need as a beginner is to acquire the necessary skills in Bitcoin?
Or are you talking about trading skills? Because a Bitcoin investor doesn't needs that, all he just needs to invest in Bitcoin is a discretionary income to invest with and basic knowledge on how to go about his Bitcoin investment, then alone the line, he might seek further knowledge on setting his emergency and reserve funds in place so as to be able to hold strong even when faced with real life emergency.

[sotelorene]

Basically, investing is taking risks, there is a saying that no pain no gain, the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward, this is best for high income earners, so Incase things goes south there's something to run back to.

In Bitcoin high risk does not guarantee you high rewards looking at the volatility of Bitcoin, what you actually needs as a beginner is to acquire the necessary skills in Bitcoin and also understand the nature of Bitcoin market which may widely influenced the strategy you will adopt to meet your target based on financial inflows either on weekly or monthly basis. Also you will need to budget your finances, keeping your emergency funds to meet up with your emergency situations so as not to disrupt your investment then you kindly make use of discretional funds to invest in Bitcoin using any of the strategies and hold as long as possible while you keep accumulating to build a portfolio .

Before investing, knowledge and insight are crucial foundations for every investment step. Without a thorough understanding of the market, risks, and strategies, we can easily fall into decisions that lead to losses. Investing anywhere carries risks, and crypto is known for its significant fluctuations. High returns depend on how long you hold the asset the longer you hold it, the greater the potential return. It's crucial to budget your monthly income in a structured manner to ensure your investments aren't disrupted by unexpected expenses. This helps maintain financial discipline and ensures consistent fund allocation.

What we need before starting our Bitcoin investment is just a basic knowledge because it is impossible and not necessary to understand everything concerning Bitcoin before Starting your investment because you would probably miss a lot of opportunity if you have your discretionary income kept already. High returns on our Bitcoin investment doesn't only depend on how long we hold rather it also depend on how frequent and the amount we are using to accumulate and lastly you don't use the word crypto when referring to Bitcoin before newbie get it wrong .

[Cgrexp]

Of course, it is best to hold Bitcoin for the long term, if you think that holding it for a short period of time will never be right. Yes, I believe that there is no shortcut to getting rich by investing in Bitcoin, the more Bitcoin you hold for the long term, the more financially active you are guaranteed to be. That is why many people follow the Bitcoin DCA method and keep Bitcoin for a long time, a low-income person can also follow the DCA method and keep Bitcoin for a long time. Bitcoin is open to investment for everyone, so this is the biggest and most attractive strategy to seize this Bitcoin and eliminate economic deprivation in the future.

Bitcoin generally goes up in the long run. Those with a long-term investment mindset don't need to worry about the short-term effects and can even enjoy it if the price takes a while to rise. After one or two cycles of accumulating Bitcoin, the bias becomes stronger because the savings are so large that it is naturally expected to grow. And after a few years, you have to be patient so that you don't worry too much about what Bitcoin is doing. As long as the investment thesis is strong, you should save without complaining, otherwise you may get into trouble later for not focusing on consistent savings.

[Cossyblack]

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

It's been said that they is no shortcuts to wealths but I don't everyone agree to this and that is why you will find people who prefer taking the shortcuts rather than following the normal route. People often thought about short term trading as more profitable than investment. People with a trading mindset are mentality poor as they continue to settle for scraps or little profits because of they think backwardly.  unless they begin investing in Bitcoin for the long term,they would continue missing out good opportunity of making it big in the bitcoin market.  only the right mentality about bitcoin is enough to change ones financial status for the better.

[barisbilgili]

Whether higher income earners or not it is never right to think about making profit from Bitcoin in short term, it's been said here time without number that Bitcoin is not a get rich quick scheme so why are you trying to bring us back to something that has been forbidden? To be frank it's too early for you to be thinking about short term unless you don't want to enjoy Bitcoin investment to the fullest. Because if you keep going with this mindset I bet you that you will regret ever focusing on the short term profit instead of long term, if you know what is good for you better trash this idea of investment for short term and focus on the future.

It's been said that they is no shortcuts to wealths but I don't everyone agree to this and that is why you will find people who prefer taking the shortcuts rather than following the normal route. People often thought about short term trading as more profitable than investment. People with a trading mindset are mentality poor as they continue to settle for scraps or little profits because of they think backwardly.  unless they begin investing in Bitcoin for the long term,they would continue missing out good opportunity of making it big in the bitcoin market.  only the right mentality about bitcoin is enough to change ones financial status for the better.

I think it's all about risk not just about mentality although there are some people who want a shortcut to wealth but we also have to look at the percentage so I think we better think normally and build wealth slowly for a long time than having to lose everything when we just follow our lust, this is a fact and cannot be debated and we all have the right to choose and I with normal thinking will choose long-term investment with small risks.

[MainIbem]

What we need before starting our Bitcoin investment is just a basic knowledge because it is impossible and not necessary to understand everything concerning Bitcoin before Starting your investment because you would probably miss a lot of opportunity if you have your discretionary income kept already. High returns on our Bitcoin investment doesn't only depend on how long we hold rather it also depend on how frequent and the amount we are using to accumulate and lastly you don't use the word crypto when referring to Bitcoin before newbie get it wrong .

Newbies should take not of a particular statement you made "you would probably miss a lot" and there's no two ways about that, Bitcoin has given everyone the opportunity of investing in it even while they're still trying to understand it better so an excuse like "i was still trying to understand it" that's why I missed the opportunity of buying earlier won't be considered fair enough. In modern times, Bitcoin is one of the easiest form of investment that gives everyone the right to own it, not only rich folks cause even less richer people can start small and be consistent with it until they can generate more discretionary to buy in large quantities and all it just requires is patience, determination and being able to secure your portfolio.Many people including me have made that error of referring to Bitcoin as cryptocurrency but Bitcoin is Bitcoin even though it's a digital currency.

[7juju]

Basically, investing is taking risks, there is a saying that no pain no gain, the DCA method is good and safe but sometimes you have to go for the short term because high risk brings high reward,

Short term hold is not a sign of high risk taking, but playing safe which I believe is not a sign of taking risk. Am trying to figure out how high risk is related to short term hold but I can't. The only thing I can figure out is that the risk here is that of you losing your money because of your trading activities. If we are telling ourselves the truth, when it comes to bitcoin the actual high risk takers are the long term holders, who despite seeing a reasonable amount of profits over the years choose to ignore it and continue holding that's why they end up having a better chance of making bigger profits on the long run than short term holders. If you tell me that short term holders makes quick small profits I will agree with you, but if you tell me they get higher rewards than long term holders because they take higher risk that's a lie.