Quote from: ginsan on September 09, 2023, 10:36:20 PM

Quote from: Frankolala on September 09, 2023, 07:19:00 PM

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It is the amount of bitcoin that we have now that determines the size of our bitcoin portfolio and not the one that we expect to buy later.

The plan is in long-term investment, So we will not measure how strong we are doing at the end of the week or measure the amount of btc in the short term. It won't make you feel comfortable doing DCA, If your mind keeps measuring the depth of your BTC holdings. I made BTC purchases on several exchanges and after that I withdrew my Btc to a personal wallet and would not check it against the amount. Lol

I have a strong assumption that those who frequently check the amount of BTC in their portfolio means they will not have a great instinct to hold it in the long term. I don't know the reasons, but the best thing in my opinion is to check the depth of BTC holdings when we have reached our investment target, be it 5 years or 2 years, it's up to them to decide.

It should be so, if I see your investment pattern is relevant and identical to a long-term approach by not being too busy checking back on the BTC portfolio after you buy and you have determined when you should look again. But, sometimes people read the moment too and that's a normal thing to do. Currently, they may still use a short-term investment approach, once they buy BTC after some time they check it again because there are still emotional factors, fear due to panic and worry if the correction gets deeper but, on the positive side it could be that they want to identify several opportunities to take advantage from market volatility and evaluate strategies to avoid deeper losses.