Most people are playing the wrong Bitcoin game

[Obari]

Except a person has another motive for buying or investing bitcoin, then I think holding for long term is alway the best and for anyone who intends to truly hold for long then, you shouldn't be bothered with short term profits because your minds ought to be fixed on what's coming ahead which is a new better price which is the new all time high price which is certain to be achieved as soon as bitcoin begins its bullish system again.
Timing the market to get a perfect buying price isn't a bad thing but I think it is not worth it especially as a long term investor, you should be focused on how to buy bitcoin at every possible opportunity that presents itself and not wanting to time the market for when the price dips which will make us miss out from buying as supposed.

Every long term investor can only be optimistic that Bitcoin is going to keep being successful in the long term including making a new all time highs, but we can't boost of this to say that it is certainly going to happen even when we believe that it has the possibilities.
Because the market is known to be unpredictable hence, timing the market to get a perfect buying price should always be seen as bad thing, the advantage of buying at every possible opportunity that presents itself is way more better than waiting or timing the market to get a perfect entering price.

No doubts that the price of bitcoin is volatile and uncertain but as an investor who truly understands how the market and system works will always know that the major hope of an investor is the believe that bitcoin will touch a new all time high after a dip season is over and this very system have been able to repeat itself over and over again making bitcoin to prove itself over this years(time) gaining the the trust of its investors and I think with the way bitcoin has performed over since his its creation, I think it wouldn't be a bad idea to see investors boost with the fact that bitcoin will certainly touch a new all time high price.

[GIF-JOBS]

Long term investing requires discipline, if you notice that you check the charts very often, then any market movement will affect your decisions. In that case, being a long-term holder will be very difficult because big drawdowns and corrections will make you think about selling or just worry too much about your investments. But if you are disciplined and can buy and wait for as long as necessary, sometimes even for years, then investing in Bitcoin might be right for you.

Someone who can easily be emotionally moved by price is advised to uninstall anything that has to do with and can send price signals to the person to reduce the amount of negative pressure it can put on them that way they can control their self to a certain level and it they really want to hold for longer they can keep their wallet access in a safe place far from them so that they don’t easily access it to sell off.

Emotional preparation is one thing every one coming to the Bitcoin long term investment should carry in mind even after which you are investing from your cold money, looking away from signals can be helpful though getting price signals is not completely wrong because it makes you stay informed of what is happening in the market, just be get use to it and keep getting strong enough not to allow it get in to your head and your investment decision. Anyways, is fine if people can do whatever that is suitable for them to achieve their goals .

Usually, when an investor starts taking even small fluctuations in the market very seriously and starts to affect their investment, then this is definitely a negative thing. The tendency to panic and sell when the price drops or to quickly buy more Bitcoin when the price increases should be avoided. Here, you have to keep yourself as stable as possible, no matter what the market fluctuations are, you have to keep your investment completely stable, and the investment should be maintained consistently.
The volatility of the Bitcoin market is very natural, but when these factors are given too much importance, then the emotions within you can have a much deeper impact on making wrong decisions. And at the same time, you have to be careful about your own ability, because when the investment is beyond your ability, even if you don't want it, the market instability will definitely affect your investment. And so, make sure to take all kinds of precautions and ensure the long-term stability of the investment.

[red4slash]

No doubts that the price of bitcoin is volatile and uncertain but as an investor who truly understands how the market and system works will always know that the major hope of an investor is the believe that bitcoin will touch a new all time high after a dip season is over and this very system have been able to repeat itself over and over again making bitcoin to prove itself over this years(time) gaining the the trust of its investors and I think with the way bitcoin has performed over since his its creation, I think it wouldn't be a bad idea to see investors boost with the fact that bitcoin will certainly touch a new all time high price.

Thats why not a few of the investors who always survive with the long term they do because with the hope of a better future, the opportunities are only focused on how we survive in order to stay in the hold which is sometimes not easy to do.

There are many cases of hodl that fail and it boils down to when confidence slowly fades so that must be imposed here is how we can maintain the belief that bitcoin is indeed a suitable asset for the future and used as a long-term asset. It is undeniable that for some, the price benchmark may always be a consideration especially for those who are just learning and new to bitcoin but when they have been in bitcoin a little longer then this view can slowly change.

[Pandorak]

No doubts that the price of bitcoin is volatile and uncertain but as an investor who truly understands how the market and system works will always know that the major hope of an investor is the believe that bitcoin will touch a new all time high after a dip season is over and this very system have been able to repeat itself over and over again making bitcoin to prove itself over this years(time) gaining the the trust of its investors and I think with the way bitcoin has performed over since his its creation, I think it wouldn't be a bad idea to see investors boost with the fact that bitcoin will certainly touch a new all time high price.

Thats why not a few of the investors who always survive with the long term they do because with the hope of a better future, the opportunities are only focused on how we survive in order to stay in the hold which is sometimes not easy to do.

There are many cases of hodl that fail and it boils down to when confidence slowly fades so that must be imposed here is how we can maintain the belief that bitcoin is indeed a suitable asset for the future and used as a long-term asset. It is undeniable that for some, the price benchmark may always be a consideration especially for those who are just learning and new to bitcoin but when they have been in bitcoin a little longer then this view can slowly change.

Looking at Bitcoin historical data so far, it’s clear that whenever a downturn or correction occurs, no matter how low the price drops, Bitcoin price will eventually rebound to its previous high and go on to set a new ath. Take Q4 2022, for example, when Bitcoin price plummeted sharply, it even hit $16k. At the time, i thought this was absolutely crazy, just imagine that a year earlier, the price was still around $68k. I no longer saw it as a bargain, but rather as the crypto apocalypse, LOL.

So we can conclude that whoever manages to hang on until the end will be the winner. It’s important to learn the virtue of patience, don’t just chase quick, big profits, because they’re hard to come by when buying Bitcoin, unless you’re trading futures .

[Ojima-ojo]

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 ?

Trader's are different from investors, for a trader the market chart is their most valuable source of Data for trading activities, but for a long term investors what is important for them is the amount of Bitcoin they are able to accumulate in the DCA balance.


These are two different categories of people, and the one that suits you as an individual is what you will go for, newbies should take the time to learn the most preferred approach and risk management and stop taking Bitcoin as a get rich quick scheme.

[Obari]

No doubts that the price of bitcoin is volatile and uncertain but as an investor who truly understands how the market and system works will always know that the major hope of an investor is the believe that bitcoin will touch a new all time high after a dip season is over and this very system have been able to repeat itself over and over again making bitcoin to prove itself over this years(time) gaining the the trust of its investors and I think with the way bitcoin has performed over since his its creation, I think it wouldn't be a bad idea to see investors boost with the fact that bitcoin will certainly touch a new all time high price.

Thats why not a few of the investors who always survive with the long term they do because with the hope of a better future, the opportunities are only focused on how we survive in order to stay in the hold which is sometimes not easy to do.

There are many cases of hodl that fail and it boils down to when confidence slowly fades so that must be imposed here is how we can maintain the belief that bitcoin is indeed a suitable asset for the future and used as a long-term asset. It is undeniable that for some, the price benchmark may always be a consideration especially for those who are just learning and new to bitcoin but when they have been in bitcoin a little longer then this view can slowly change.

Looking at Bitcoin historical data so far, it’s clear that whenever a downturn or correction occurs, no matter how low the price drops, Bitcoin price will eventually rebound to its previous high and go on to set a new ath. Take Q4 2022, for example, when Bitcoin price plummeted sharply, it even hit $16k. At the time, i thought this was absolutely crazy, just imagine that a year earlier, the price was still around $68k. I no longer saw it as a bargain, but rather as the crypto apocalypse, LOL.

So we can conclude that whoever manages to hang on until the end will be the winner. It’s important to learn the virtue of patience, don’t just chase quick, big profits, because they’re hard to come by when buying Bitcoin, unless you’re trading futures .

One thing bitcoin will always teach a committed investor is patience and it's importance because it is only those who are patience will always end up to benefit from it.
Bitcoin have proven itself severally in the past that whenever there is a correction or a dip, after the dip bitcoin is always sure to hit its previous high price and certainly cross the previous ATH price and as an investor, this is the hope that keeps them investing and this also brings me to the fact that, it is always important to have a source of earning to aid your accumulation journey because without it, there would always be need to touch one's investment.

[Catenaccio]

One thing bitcoin will always teach a committed investor is patience and it's importance because it is only those who are patience will always end up to benefit from it.
Bitcoin have proven itself severally in the past that whenever there is a correction or a dip, after the dip bitcoin is always sure to hit its previous high price and certainly cross the previous ATH price and as an investor, this is the hope that keeps them investing and this also brings me to the fact that, it is always important to have a source of earning to aid your accumulation journey because without it, there would always be need to touch one's investment.

People always can change their mindset and practice. Firstly they must realize Bitcoin strength and advantage against fiat currencies, government bonds, and other traditional investment assets in both purchasing power and ROIs over a long term. Then, they must know that investment is profitable and safer than trading. Lastly, they must figure out which investment strategies are safest and best.

Then they can start investment with Bitcoin and Dollar Cost Averaging strategy that does not require them to find market bottoms or ATHs.
Dollar Cost Averaging with costavg.com include exchange fee.
https://costavg.com/
[Tool] DCA Bitcoin calculator.
https://bitcoindata.science/dca-calculator

[Marvelockg]

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 ?

Trader's are different from investors, for a trader the market chart is their most valuable source of Data for trading activities, but for a long term investors what is important for them is the amount of Bitcoin they are able to accumulate in the DCA balance.

But the unfortunate thing is that investors are still behaving like traders by basing their judgement from what speculators are saying as if it even helps their investment decision. if you are buying bitcoin with no plan of selling it just so soon, is it not ideally better to stick to your buying strategy and ensure that everything you are doing is centered on stacking more chunk of bitcoin than thinking of selling the few you have managed to stack?

Everyone might be involved in bitcoin but might go about it in a different way. if yours is not trading then don't behave like a trader, focus on your investment plan and stick to it that way. the best investment approach is the one that is most convenient for you.

[HashRate Hero]

Exactly , Speculators trade noise, investors buy time. But don't forget the self-custody side "logging off" only works if your seed backups are solid

[Primark]

No doubts that the price of bitcoin is volatile and uncertain but as an investor who truly understands how the market and system works will always know that the major hope of an investor is the believe that bitcoin will touch a new all time high after a dip season is over and this very system have been able to repeat itself over and over again making bitcoin to prove itself over this years(time) gaining the the trust of its investors and I think with the way bitcoin has performed over since his its creation, I think it wouldn't be a bad idea to see investors boost with the fact that bitcoin will certainly touch a new all time high price.

Thats why not a few of the investors who always survive with the long term they do because with the hope of a better future, the opportunities are only focused on how we survive in order to stay in the hold which is sometimes not easy to do.

There are many cases of hodl that fail and it boils down to when confidence slowly fades so that must be imposed here is how we can maintain the belief that bitcoin is indeed a suitable asset for the future and used as a long-term asset. It is undeniable that for some, the price benchmark may always be a consideration especially for those who are just learning and new to bitcoin but when they have been in bitcoin a little longer then this view can slowly change.

Looking at Bitcoin historical data so far, it’s clear that whenever a downturn or correction occurs, no matter how low the price drops, Bitcoin price will eventually rebound to its previous high and go on to set a new ath. Take Q4 2022, for example, when Bitcoin price plummeted sharply, it even hit $16k. At the time, i thought this was absolutely crazy, just imagine that a year earlier, the price was still around $68k. I no longer saw it as a bargain, but rather as the crypto apocalypse, LOL.

So we can conclude that whoever manages to hang on until the end will be the winner. It’s important to learn the virtue of patience, don’t just chase quick, big profits, because they’re hard to come by when buying Bitcoin, unless you’re trading futures .

Especially in the 2022 bear market, those who did not panic and sold but were able to defend themselves strongly have fared much better. However, you should not guarantee that a new ATH will come after every big drop. Because it is okay to take a current idea from the past but it is difficult to guarantee. Past performance does not predict future results. For me, it is not an advantage for a long-term investor to assume a future ATH for sure. Investors should plan in such a way that they can survive in the long term without guessing the market. That is why I advise people to follow the DCA strategy, because it creates price averages by buying the same amount of Bitcoin regularly according to their ability.

[oll]

Honestly, I won't blame those who try to catch the bottom and buy Bitcoin there, then sell it at the top. I know traders who have been trading for 25 years and don't think DCA is any better.
And you know, it makes a good profit. But are they right? Of course not. I believe that DCA is ultimately what every trader and investor will come to. Because this method saves time and effort. It saves money and, most importantly, health. There's no need to constantly check the price. I'm sure many who read this get up in the middle of the night and check the price, or jump up in the morning and immediately look at TradingView.

[HashRate Hero]

Problem with trading isn't strategy, it's discipline. DCA works because it forces people to stop making stupid emotional calls.

[red4slash]

Thats why not a few of the investors who always survive with the long term they do because with the hope of a better future, the opportunities are only focused on how we survive in order to stay in the hold which is sometimes not easy to do.

There are many cases of hodl that fail and it boils down to when confidence slowly fades so that must be imposed here is how we can maintain the belief that bitcoin is indeed a suitable asset for the future and used as a long-term asset. It is undeniable that for some, the price benchmark may always be a consideration especially for those who are just learning and new to bitcoin but when they have been in bitcoin a little longer then this view can slowly change.

Looking at Bitcoin historical data so far, it’s clear that whenever a downturn or correction occurs, no matter how low the price drops, Bitcoin price will eventually rebound to its previous high and go on to set a new ath. Take Q4 2022, for example, when Bitcoin price plummeted sharply, it even hit $16k. At the time, i thought this was absolutely crazy, just imagine that a year earlier, the price was still around $68k. I no longer saw it as a bargain, but rather as the crypto apocalypse, LOL.

So we can conclude that whoever manages to hang on until the end will be the winner. It’s important to learn the virtue of patience, don’t just chase quick, big profits, because they’re hard to come by when buying Bitcoin, unless you’re trading futures .

Just because the price is not in line with our expectations and when the decline continues to occur makes it natural that there are some who will say that it is the apocalypse but ultimately this view will change when they are in bitcoin longer.
For those who are just starting out or have never felt how the decline occurs then when something goes beyond their expectations they will definitely think this is the end or they are exposed to a scam but for those who have several times felt the decline occur and see how bitcoin survive then I think that view will be much changed.

In the beginning I was in bitcoin I also felt it when bitcoin experienced a decline and I felt sorry to be in bitcoin but the longer I studied then the view actually changed and now I am quite proud to know bitcoin because indirectly apart from my mindset that changed my financial condition is more developed now.

[Pandorak]

(...)

Especially in the 2022 bear market, those who did not panic and sold but were able to defend themselves strongly have fared much better. However, you should not guarantee that a new ATH will come after every big drop. Because it is okay to take a current idea from the past but it is difficult to guarantee. Past performance does not predict future results. For me, it is not an advantage for a long-term investor to assume a future ATH for sure. Investors should plan in such a way that they can survive in the long term without guessing the market. That is why I advise people to follow the DCA strategy, because it creates price averages by buying the same amount of Bitcoin regularly according to their ability.

Yes, essentially no one knows for sure what will happen in the future, no matter how much potential Bitcoin may seem to have right now, because we can only make predictions based on past price history. This is the basis for the belief that in the future, when the market re-enters a bullish cycle, prices will rise to levels far higher than before.

Therefore, given the uncertainty and risks inherent in every investment asset, including Bitcoin, we’re always advised not only to use the DCA method for buying, but more importantly, to prioritize using discretionary funds. That way, if something unexpected and negative were to happen, at least the resulting losses wouldn’t affect the finances needed for daily living expenses.

If there were absolute certainty, i might have already used all my savings, sold my house, car and everything i own to immediately buy Bitcoin. But that’s not the case, we can love Bitcoin, but there are always factors to consider.

[samadam007]

Honestly, I won't blame those who try to catch the bottom and buy Bitcoin there, then sell it at the top. I know traders who have been trading for 25 years and don't think DCA is any better.
And you know, it makes a good profit. But are they right? Of course not. I believe that DCA is ultimately what every trader and investor will come to. Because this method saves time and effort. It saves money and, most importantly, health. There's no need to constantly check the price. I'm sure many who read this get up in the middle of the night and check the price, or jump up in the morning and immediately look at TradingView.

Bro Bitcoin is not even up to twenty years, so how can someone claim to be trading Bitcoin for 25 years? And no, I blame those thinking they’re wise by trying to catch the bottom. when they can just adopt a simple dca strategy that does not require all that unnecessary habits.

Anybody that want to benefit from bitcoin future potential shouldn’t be trading bitcoin for quick profits. Take your mind off short term profit expectation and hold long term. Past traders regretted their actions, so don’t be among those that would regret not holding their btc in the future. Nobody can constantly predict the market, and waiting for the perfect price can make you miss good opportunities to accumulate.

[B-BossMan]

Honestly, I won't blame those who try to catch the bottom and buy Bitcoin there, then sell it at the top. I know traders who have been trading for 25 years and don't think DCA is any better.
And you know, it makes a good profit. But are they right? Of course not. I believe that DCA is ultimately what every trader and investor will come to. Because this method saves time and effort. It saves money and, most importantly, health. There's no need to constantly check the price. I'm sure many who read this get up in the middle of the night and check the price, or jump up in the morning and immediately look at TradingView.

Bro Bitcoin is not even up to twenty years, so how can someone claim to be trading Bitcoin for 25 years? And no, I blame those thinking they’re wise by trying to catch the bottom. when they can just adopt a simple dca strategy that does not require all that unnecessary habits.

Anybody that want to benefit from bitcoin future potential shouldn’t be trading bitcoin for quick profits. Take your mind off short term profit expectation and hold long term. Past traders regretted their actions, so don’t be among those that would regret not holding their btc in the future. Nobody can constantly predict the market, and waiting for the perfect price can make you miss good opportunities to accumulate.

You know that's exactly the issue some people are facing especially the newbies, you can't just come into bitcoin or invest into bitcoin for short-term profits aims,  many of them treated bitcoin or seeing it as a quick earn/rich money, that's why they always go by  bitcoin trading, and what I like about bitcoin is that, investing in bitcoin doesn't actually requires much money, even with the small amount of your available discretionary income you can invest into it, the only thing some newbies failed to understand is, long-term mindset and consistency. Beside DCA has made everything easier for us, by investing small small in a regular basis either weekly or monthly,holding it for long-term period. Trading mindset actually kills someone's mission towards Bitcoin investment plans.

[Sulegzy39]

Generally speaking, it is undoubtedly a bad thing when an investor begins to take even minor changes in the market very seriously and begins to impact their investment. Avoiding the impulse to buy more Bitcoin when the price rises or to panic and sell when the price falls is advised. In this situation, you must maintain the highest level of stability for yourself and your investment, regardless of market fluctuations. The investment should be maintained consistently.The volatility of the Bitcoin market is quite normal, but if you place too much weight on these factors, your emotions may have a much greater influence on your decision-making.

 However, you must be cautious about your own capacity because, even if you don't want to, market volatility will undoubtedly impact your investment if it exceeds your capacity. Therefore, be sure to take all necessary safety measures and guaranty the investment's long-term stability.

[5W-KILO]

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 ?

You don't even have to log off, stay away from the charts and keep buying Bitcoin when you have the money, weekly or monthly the choice is yours and let it keep going on and on.

The time to take profit will come, it will be all over the news, a new ATH is always the most celebrated, take some profits and wait for some dips and keep stacking again, in the future you will have more bags of Bitcoin.

The hardest part of this method is you not having a job that can settle your bills and responsibilities in your home, make sure your responsibilities doesn't get in the way of your investment.

[PVequalNRT]

No doubts that the price of bitcoin is volatile and uncertain but as an investor who truly understands how the market and system works will always know that the major hope of an investor is the believe that bitcoin will touch a new all time high after a dip season is over and this very system have been able to repeat itself over and over again making bitcoin to prove itself over this years(time) gaining the the trust of its investors and I think with the way bitcoin has performed over since his its creation, I think it wouldn't be a bad idea to see investors boost with the fact that bitcoin will certainly touch a new all time high price.

Only on unregular days Bitcoin shows volatility, like when they announced a new CPI rate and this reaction is general across the market. It's the way Bitcoin react the sp500 price are volatile and so is gold. The uncertainty of the price is normal for every investment, nobody can tell you that Bitcoin price is going to be like that in the next years, but the price has proved itself to be a long term working investment.

If you want to invest in Bitcoin, don't let any short performance steal away your long term vision. The price may not do well now only for it to improve in the next 6 months, this is how Bitcoin behave and that's why investors trust it than other investments, it never failed.

[Donk1]

​Well psychologically to me i believe the issue most holders have isn't even the dip normally, the market will always rise and fall that's the nature and it's inevitable. So to me, it's one's mental exhaustion that's the issue. Basically, back then in 2014 and 2019, folks who were moved by market sentiments, volatility, dips, and so on unfortunately ended up selling before the next bull run. So perhaps it's all about having patience and the self resolve to be able to quietly stack your funds and leave it. That's why till now I still think folks don't fully understand the market, and they don't understand their financial stance yet. These are what cause issues in the long run because if you lack the available funds you will certainly panic, if you lack understanding of what holding is you will still panic, and even if you still understand all this you might still end up selling because you thought the price would fall soon. So yeah that's just it........