Quote from: MusaPk on Today at 08:43:29 AM

Quote from: Ever-young on November 24, 2023, 10:45:13 PM

Sometimes greed and risk is all we need in other to get that good profit that we desire, and I see no wrong for someone to buy and hold bitcoin as much as they could when they have the money, if you can afford it their is no point in stopping your self from buying and holding as many bitcoin as you can afford, so those investors who have enough money to pump into bitcoin is not to be consider being greedy but they are just taking the right step preparing their self for what’s to come in the next bull run or how ever long it might take for the price to hit their desire target.

The more you accumulate more will be your profit in the long run. If you have good amount of money then its best to put it in Bitcoin in DCA manner. But if you don't have enough money then invest whatever you have. We don't know what lies ahead and what 100$ worth of Bitcoin will be in coming 5 or 10 years.

And then again, their is not like “it’s as if the money they spend the more profit they make” the truth is, the money you can be able to accumulate the higher profit that you will be expecting when the price of bitcoin will go up those who hold less can not be compared with those who hold larger amount, the profit percentage might be the same depending on the entry price and time of selling but the high you hold the hirer the profit, the only time I can be against anyone buying more bitcoin is if they can’t afford the money they pump in it but they either use others funds or borrow just to accumulate, if they can afford it then they are free to buy as many as they went.

Its more profitable to accumulate Bitcoin when its down then when its up. Like its more beneficial to accumulate Bitcoin when its down to 20k then when its trading on 67k.
But its human nature that they are more willing to invest when price goes up rather when its up. See for instance the fear and greed index. Generally the needle is on the left down side of the ring when price is down and its on right side when price goes up.

https://alternative.me/crypto/fear-and-greed-index/
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If we allow risk or greed to take over our mindset, then we will not be able to invest and accumulate Bitcoin at the same time with fear.
Although, I agree that our profits all depend on the amount and how frequently we click the buy button, in years to come, 1 Satoshi will be worth a hundred boxes or more, so if we can start from now to buy and hodl then we will not regret our actions because we have invested earlier, accumulated with DCA strategy without any fear or greed.

If Bitcoin's price increases, we investors will be very happy about that, but at the same time, there are others that will still want it to drop so that they can buy. Those that are praying for Bitcoin to reduce are the guys that have not yet invested, so they just sit down and wait for Bitcoin to be reduced, so that they can buy.

However, I come to think that those that want the price of Bitcoin to be reduced are the ones that are so scared and greedy. At the same time, they don't want to buy at a high price, so they are waiting for the price to reduce. (I am trying to say, people should not mix fear and greed when investing).