Anyone who looks at Bitcoin's past history is bound to believe that investing in Bitcoin and holding that investment for a long time is the most profitable of all. You will see where Bitcoin's journey started and where it stopped. Since 2009 till now, Bitcoin's popularity has increased as well as the value of Bitcoin has increased a lot. There are many investors who are just watching the market but haven't dared to invest. Those investors have been watching the market for years and missing opportunities and regretting not being able to invest. Investing in a short-term plan by understanding the market may give you some profit, but if you hold your bitcoins for a long period of time, bitcoins will give you much more than you expect. We cannot covet a small amount of gain for the sake of this much, we must aim for something much bigger.
That is why investors who already believe in Bitcoin will still hold their Bitcoin even though the price is still low. In fact, they will continue to buy Bitcoin as long as the price is still low because they know it is their chance to get it at that low price. They will not want to lose the opportunity to buy and keep Bitcoin because they believe that it will return to its highest price in the future. And this has been applied again by investors still confident in Bitcoin. They don't panic when there is a correction but will look for the right time to buy more Bitcoin. We must be able to buy Bitcoin, too, and we already know the DCA method, which will be a way for us to buy Bitcoin regularly.
Experience should never been said to be the best teacher, I prefer learning from people mistakes and excluding the HAD I KNOW outcome. Many people do regret selling their Bitcoin investment too early than they should, not that they still can't accumulate one's more but the entry price won't be promising as the former. It is always ideal we stick to long term investment to maximize our profits.
Learning from mistakes is something we have to do so that we can correct the mistakes and not experience the same mistakes. It can also mature us in making decisions so that we can make decisions that suit the conditions and situations we face. We will not rush to make decisions and will analyze what we must decide. People who regret selling their Bitcoin will learn more to buy Bitcoin at a low price and hold it for a long time.
When it comes to investments in Bitcoin don't wait till you make a mistake before you learn from it. Why not learn from others who have made similar mistakes in the past and have shared their story. This is money you are using to invest and you are following a path that will make you to lose your money so that you will now learn from mistake. Money lost cannot be recovered and you will live to always regret it. In investment don't wait to make your own mistake as there are some mistakes you will make in this life, you might not recover from it.