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I think it's too early to say or even conclude that Bitcoin will always increase, on the other hand it is a pretty good perspective in terms of more convincing ourselves of the accumulation of bitcoin that we are living, but on the other hand it will not always be like that, this is a market that in general will not always be in accordance with what we always expect and of course none other than that because of the risk opportunities that can suddenly befall us without warning.

Yeah that's true, is actually too early to predict what will become the price of bitcoin now because Nothing is certain in times of the price right now and even considering the halving that's yet to come so perhaps we shouldn't dwell more on knowing what the price of Bitcoin will be before the year will runs out.

Whether early or late, predicting the price of Bitcoin should not be taken as a priority. In my opinion what should be focused more on should be how to accumulate Bitcoin if we do not have enough to fulfill our quest before the next bull run. Look at how often Bitcoin price changes, it will be disappointing if the price eventually goes to the peak sooner and we do not have enough in our bag. Its really annoying when I see people claiming to be HODL but they cant get their eyes off the Bitcoin price, its literally the behavior of an investor who is dreaming of being a trader to me. Instead they should just gamble their fund rather be deceiving themselves.

Anyone who owns bitcoin may well have difficulties not watching the price, even if s/he is not trading. Of course, if s/he is DCAing then there may be less reason to look at the price, but if s/he is buying on the dip, then there might be some desires to try to figure out how much of a dip is enough of a dip. .which surely can lead to more attempts to watch the price and some times might even contribute to more emotionalism than would be preferable in the investment.. so yeah sometimes some of these people might end up wanting to trade rather than to consistently accumulate, so there can sometimes be some confusion and even seemingly contradictory/emotional behaviors that might not get better with trying to figure out which way the BTC price might go and maybe lacking some confidence in what kind of plan the person has in terms of BTC accumulation.

JJG, your contribution is valuable. I'm still wondering, based on your explanation, why some people prefer to trade or use other strategies when they know that checking the price often can lead to emotionalism instead of DCA, even though it's a safer approach. You know what? I truly needed this advice. I'm already aware that many people who regularly check prices are traders. However, some individuals frequently monitor the prices, even if they don't trade. Do you think this is a price checking addiction, and could it be detrimental to their investments? What are your thoughts?

I doubt that off the cuff, I have any special insight into the topic, except that there are all kinds of people, and frequently they have various kinds of busy lives in terms of how they spend their time, but if they get involved into a new topic they are going to be bringing some of their already existing habits, but at the same time, if you are introducing a new topic to someone they will likely end up needing to make some time and space for the topic, and surely once they start to get invested, then they are likely to become more curious about the topic.

There is already a lot of corrupted thinking that comes from the various corrupting influences of fiat and the various ways that people are manipulated in fiat systems, and so there are so many people who might not even know how to save money or to have investing strategies, so if they are introduced into some kind of investing and/or savings then they are likely going to have some natural (I am not completely sure if it is natural but kind of bred into our values) to want to gamble and trade, so they may well not even know the difference between trading and investing, even if they may well be smart people but they might not have learned about personal financial management.. and so even though personal financial management does not necessarily require any special skills, many people do not exercise good cash management, even though they likely understand a lot of the basics regarding how much they might want to pay for things and if they have enough money after they have figured out how much they can make and if they get training then they might get promoted to be able to make more money to be able to have discretionary income.

So if someone has some extra income (discretionary income) then the person can use that discretionary income to save and invest, but they might not know how to save and invest so they merely think about what they can buy now, so many folks have troubles with delayed gratification and they are very tempted if they can figure out a way that something might earn money quickly, then it makes more sense to them, rather than having a longer term plan because the longer term remains uncertain and even when they put their money into longer term plans there can be a lot of doubts about if that asset is going to be a good place to store value and if it is going to increase in value.

If you hardly have ever saved in your life and maybe you have ONLY saved up to maybe 1/4 of your annual income, you might not know what to do when you are able to save greater amounts. Remember, even investing or saving 10% per year for 10 years is ONLY going to get you around 1 year of your salary, so it would take around 2.5 years to get up to 25%, and are people even able to keep investing and/or saving after they get 25% of their income? They get tempted into taping into it for some short term pleasures, and so sure not everyone is unable to control their shorter term temptations to tap into their savings/investments, but it is something that we likely have to practice to get better at it and to put our value in various places in order that maybe we might be able to draw from some of it from time to time, but trying to keep focused on building it.. surely not easy, even though many folks should be able to learn those kinds of self-discipline kinds of skills to also create longer term plans and maybe not over investing in order that they can do both.. they can both invest for the long term and also treat themselves with some pleasures, but just DON'T be dipping into their savings/investments because dipping into them tends to undermine them and takes away from their compounding effects.. and probably especially bitcoin (even though some similar practices can be put into place for other investments/savings too).