Bitcoin compounding leads to your investment success, and not cleverness.

[Jubilee58]

Many of of are aware of the story of Bitcoin, and how some investors have become so successful in their Bitcoin investment journey, and some have ventured into Bitcoin investing, but failed. Some of them would wait for few months, and some up to one or two years yet they are not seeing any significant result, however there is a secret to such huge success which some people have not fully discovered.
The simple truth is that you cannot gain success in Bitcoin by trying to outsmart the market or being clever because such attitude can only jeopardizing your effort towards successful investment. Those who are successful today in Bitcoin investing did not try show cleverness or try to outsmart the Bitcoin market, but follows the rules of Bitcoin investing accordingly.
Like the topic is captioned, compounding is a great tool to your investment success, you keep investing in the market, and reinvesting even your profit over a long period of time, but those who show cleverness seems to be very emotional, and they take decision according to what they want, and not what the market needs to make investors successful.

When you read the history of some Bitcoin investors, they have held Bitcoin for several bull season without even touching their asset or portfolio, each profit made in the previous season is reinvested and allowed to accumulate in the next season, and such profit can never be recorded by anyone who is timing the market or trying to outsmart the Bitcoin market.
Long Term investment is the key to become successful, and why many many people engage in Bitcoin investing only very very few can keep their portfolio for decades without tampering with it.
So far Bitcoin have been around for about 17 years, and investors have found so much confidence in it, so there is need to encourage proper compounding without being afraid of the future of Bitcoin because such action will definitely make you rich in time to come.

What is your take on this?

[BIT-BENDER]

While I agree with you that compounding is a great tool in Bitcoin investment I don't agree with you that being clever in Bitcoin Investment is wrong, you can't be a dummy or a dullard and just rely on compounding Bitcoin and think you will be successful, I guarantee you that you won't be successful.
You need to be clever, Intelligent and smart to know that you are not only trying to accumulate Bitcoin you are also going to protect your Bitcoin, you need to be clever to possess the right security tool and character that won't leave your Bitcoin investment vulnerable. You need to be clever not just in investment but even in your general experience in Crypto-currency.

[Hewlet]

When you read the history of some Bitcoin investors, they have held Bitcoin for several bull season without even touching their asset or portfolio, each profit made in the previous season is reinvested and allowed to accumulate in the next season, and such profit can never be recorded by anyone who is timing the market or trying to outsmart the Bitcoin market.

As much as your idea is not completely faulty, there are places where you made statement that shows that you are mixing things up or that you are contradicting yourself in some ways. If you are investing for the long term, there is no point trying to sell your asset just so you can reinvest it for potential higher profitability. if you are doing that, then there is no much difference between you and the others that are equally trying to outsmart the market.

In getting the best from bitcoin compounding, what you need is a clear long term investment plan and then you can device a means through which you can remain dedicated to achieving your investment goal. There should be a clear separation between what you are to do when you are buying as well as what you are to do when you are selling. in the process of investing and along your accumulation journey, if you witness times when you can take advantage of certain market trend and buy at a DIP, it is not entirely bad because the end goal is tat before you have reached your accumulation goal, you must have built a robust bitcoin stack.

[Frankolala]

You can only enjoy the benefits of you portfolio compound effect when you continue buying bitcoin with DCA and hodli overtime. If you just buy once and wait for four years or more, your bitcoin stash wouldn't give you a significant compounding value. Long term bitcoin investors are also clever which is why they decided to invest in long term and hodli from one ATH to another irrespective of the temptation because they are patient enough to scale through. I don't see trading as being clever but greed.

[Gozie51]

What is your take on this?

I have two things to say about this. Yes compounding is good and great but an investor doesn't just sheepishly begin to buy btc and hodl. They have to buy at a time that it is lower and this is smart investment. If you invest at the time that price has dropped then you will be at an advantage of faster growth and profit but if you buy at the high, you start catching the knives because your investment value may start dropping, panic is likely to set in and the next thought is to sell off. I have seen an impatient hodler who lost because he didn't have the patience for bull.

Another thing is, investors should always remember that it is far better to compound in your own secured wallet (non custodial wallet). This is because CEX is prone to hacks and your coins can be affected too despite refund possibilities but it is heartbreaking, frustrating and time consuming to get your coins back. For example, we all know of the hack in bitget, transaction is yet to be fully restored at the moment.

[Creeper0]

Your success depends on your goal, if your goal is small then you can achieve your goal in a very short time. In fact, it may be wrong to call it successful in investment terms, the main effective success of Bitcoin investment is to survive in the long term and avoid small profits. Your words are right for this, moving towards cyclical growth interest.

However, Bitcoin investment is not for stupid people, if you are not smart, you may fail in investment. However, we should not be over smart, the people you are talking about may be over smart. To succeed in long-term investment, you have to be strategic and be smart about reality, you need to be smart to protect yourself from fraud or scams. But you can call people with a trading mentality and excessive market analysis mentality over smart, they are the ones who basically fail.