Quote from: Obim34 on Today at 06:47:10 AM

Quote from: Salahmu on November 23, 2023, 10:19:44 PM

Venturing into something or business that could help you in times of finance in other to boost your accumulation level of Bitcoin is actually a good plan but however if your intentions of venturing into those business is for you to use all the funds to aggressively invest on Bitcoin I would say is not a right decision if you are not really sure of the cash flow of the business because so many investors has gone that line but find it difficult later.

You know some times I do not blame such investors as they make haste into venturing into the market at times more aggressively than they should.
In a case where most persons are interested into buying Bitcoin and basically do not have enough for it at a time, eventually started a business which excavate their finance with the long interest to own Bitcoin they will definitely venture more aggressively into the market because that might be the only long lasting opportunity for them to buy Bitcoin.

If an investor could eradicate greed and be more discipline in times of investment it will do them more good than harm because I realized that the reason why most people aggressively invest on Bitcoin is because they feel that it will make them have a more higher returns than slowly investing without knowing that is better to invest slowly and consistently to reach your goal than aggressively investing and being cut up by unforseen challenges.

That's why DCA was actually the best strategy and will remain the best because irrespective of how DCA strategy seem more of slowly accumulation but what matters is doing the investment in the right way free from unforseen risk and perhaps with time the targets will be achieved.