When it comes to Bitcoin investment and accumulation there are allot of ways that people go about it, there are those who believes in buying aggressively because they have the capital to do so. There's also a group of people who buys slowly because they don't have much resources at their disposal. I was thinking and contemplating today what is exactly the best approach and key to Bitcoin investment and that is consistency.
Consistency is the should I say best quality someone should have..not only in bitcoin investment but in every aspect of life, Consistency beats talent if the talent isn’t consistent and with Consistency success is kinda guaranteed.
Whether you are buying aggressively or slowing one thing should be the equalizer that, is been consistent this is because Bitcoin pays those who are consistent in it's accumulation.Consistency is the key to Bitcoin investment because it aligns with how Bitcoin grows, how markets behave, and how human psychology fails especially for long term investors.
Bitcoin Rewards Time in the Market, Not Timing the Market.
Consistency Smooths Out Volatility (Dollar Cost Averaging).
Bitcoin Is Built on Accumulation, Not Quick Wins.
Consistency Beats Emotion (Fear, Greed).
Compounding Works Only With Consistency.
The Golden rule of consistency should be that one should only invest what can be afforded, consistently, for years not what you hope will make you rich overnight.
Basically if you choose to be consistent in bitcoin accumulation you’ll get your reward over time and you and you wouldn’t have to be in much fear because you bought aggressively with what you can’t afford to lose and for sure Consistency is the key to bitcoin accumulation but being consistent isn’t an easy thing to archive you’ll need a lot of discipline to be a consistent person.