Most people are playing the wrong Bitcoin game

[Webutxo]

The wrong game is playing one side and ignoring the other, you can never tell which one will play out first, instead of doing that why not play both sides? Like buying some Bitcoin just in case the bottom is already in and safe up cash just in case bottom isn't in yet?

This is not something where you must pick 1 side only, it's game where there is no rules, so DCA in Bitcoin and fiat all together, if you are making extra $50 per week for investment only, put $25 in Bitcoin and $25 in USDT every week.

It's called killing two birds with one stone, you cannot never miss out.

If he look at the Bitcoin market, for may weeks now, it has traded in range and it is predictable to think that Bitcoin will dump which is why the price always goes down to such low but yesterday, Bitcoin pumped massively by 7%. As a bear trader, they would have made money here and bulls to would have also made money. The people that are going to feel it are holders. It will be like they are the only one not making a move but they also have their time they enjoy their patience.

What ever you are doing with Bitcoin whether you are a trader or a holder of Bitcoin, make sure you do it right. I don't think there is any direction Bitcoin is going to follow than going up. It will make sense to buy Bitcoin and hold and let it do what it has been doing for long and if you don't have yet, there is DCA there for people to buy, it's the only option when you don't have much to invest into Bitcoin at once.

[Orpichukwu]

It is not by how determined you are to get it right, but during the necessary things that makes us stand on a better position to make profit with our investment in Bitcoin, on the chart and yet could not deliver for themselves and be profitable with the market price, this is where it is not only to be overwhelmed by having the intention to investor trade, but knowing of every deliberate step we are taking her intended towards I will put increase our chassis of making more profit than losing.

Having the intention to buy and hold is one thing; having the money required to bring that desire into reality is another thing. Where the real work lies is being determined not to be moved by rumours and having enough backup funds so that you also don’t get easily pushed around by expenses. Holding is easy, but how much money the person is exposed to will determine how long they can endure.

[kawetsriyanto]

I don’t like charts or constantly monitoring them, they make me feel stressed.

Yep, monitoring the charts too often may lead to feeling stressed. Moreover when we are seeing a series of dumps.

I used to play that game myself for a while, but after doing the math, I realized that if I had simply bought bitcoin consistently throughout the entire cycle instead of playing trader, I would have ended up with roughly the same profit, just without spending so much time, attention, and emotional energy.For some people, of course, the story has a more successful outcome, but for me, DCA works much better.

If you think you are more comfortable to be an investor, it is the right decision that you don't want to trade. Trading is only for the people who have enough time and have proper skills. Not all people must trade, people who prefer doing DCA and hold for a long term, they don't need to trade at all. I also rarely trade crypto coins, I more often invest with DCA strategy and set a plan for holding around 3-4 years.

I use it from the moment bitcoin starts coming down from its peak until the next cycle. During the period when bitcoin reaches new all-time highs, I stop buying and may gradually sell some of my holdings. Then, once the market starts declining again, I begin gradually accumulating bitcoin again. That’s my strategy, and I consider it a very good one because it’s calm, clear, and, most importantly, it works for me.

I also do the same strategy. It is quite safe strategy to buy during the downtrend and to sell during the uptrend. Whenever the price reaches our selling target, we should immediately sell the Bitcoin. This is the safest strategy in Bitcoin investment.

[Asuspawer09]

Most people are trying to time the top or bottom of Bitcoin .


Honestly ? This ( Best strategy ) has always been the most boring one : All we have to do is stack sats then log off .

We have to stop checking the charts every five minutes , Our future will thank us for the peace of mind.

Agree ?

I mean it wasn't always the best strategy depending on the situatiom but it is for sure the safest, I realize it the hard way where I do lose a huge lot of money, investing into something doesn't mean your doing the right thing or your going to earn something. There are also investment where you are going to lose money, even if you patiently invested there are times that you need to actually sell at some point.

I think investors these days are just getting used to easy money because of different projects out there, I have a lot of times where I lose money on.different prokects, especially on Bullruns where you are earning a lot you have the money to invest into something, they completely forgot how investment works the traditional way, it is supose to be boring, it is suppose to be long term because that is the safest one where you could actually earn good profit.

[LUCKMCFLY]

The DCA can not be underrated or consider to be overrated, it potentially solve this problem without irrespective of the tension coming from the market.

There's no doubt about it, the DCA method for BTC is totally valid for acquiring BTC. It doesn't matter if the price of BTC rises significantly, stays at a certain level, or reaches a new all-time high. The important thing is to start accumulating. The DCA method must be followed actively and with discipline; only in the long term will we see good results.

Furthermore, the market isn't always bullish; there are pullbacks and dips, which can actually benefit us if we buy, as they offer small advantages for accumulating more BTC.

It's all a process. We can't have BTC all at once unless we have the full amount of money to buy it. That's why the DCA method for BTC is ideal, especially for those who feel they've missed their chance.

[Criptoview]

Most people are trying to time the top or bottom of Bitcoin .


Honestly ? This ( Best strategy ) has always been the most boring one : All we have to do is stack sats then log off .

We have to stop checking the charts every five minutes , Our future will thank us for the peace of mind.

Agree ?

The best strategy is to win on both sides: Bitcoin is usually the main reference for liquidity and risk perception in the sector. In many movements, capital first appears in BTC, then spreads to ether and other larger-cap assets. In a stress phase, the path can reverse: investors reduce altcoins first and look for more liquid assets, or simply exit the market.
This sequence is a historical observation, not a rule. The current market is also influenced by ETFs, derivatives, stablecoins, monetary policies, and institutional participants. criptoview.net

[Mr_Brilliant$]

Checking the chart is just not the main issue. It's when we confuse our financial situation with strategy just because they tell us that DCA is good. You still have work to do to understand how your finances is and whether you will need a different kind of strategy to the once you are hearing and people are doing. Following people is not bad. But it is bad when it doesn't fit your own will. Your own style and way of doing something. That's were the work is, understanding whether such strategy is good for you. By the way, following people is not bad. Just do your own assignment.

[Cityhunter34]

Having the intention to buy and hold is one thing; having the money required to bring that desire into reality is another thing. Where the real work lies is being determined not to be moved by rumours and having enough backup funds so that you also don’t get easily pushed around by expenses. Holding is easy, but how much money the person is exposed to will determine how long they can endure.

Having enough backup funds is actually the best way to hold your Bitcoin without panicking. It is very important for us to always put this into consideration when investing in Bitcoin, so that In case if anything happens along the line, you wouldn't have to touch your Bitcoin investment.

Most times we get pushed to sell because we don't have enough funds for expenses, and that is absolutely not a good idea at all, because Bitcoin investment is a very long-time process.