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but still may need to either hone their basics or prepare themselves for times in which they may well be ready to pass into different stages.
This quote is quite exciting for me, especially I have passed 1 year in my Bitcoin investment planning with the DCA strategy and this year is the second year of long-term Bitcoin investment planning. It wasn't easy, but I managed to get through it and there were a few problems, maybe just going through several stages of purchasing in the first year due to several factors that occurred. Because when the purchase was due, maybe my budget was needed for urgent life needs, but in the next stage I took the time to act to use double the budget for the next purchase to cover the gap due to skipping purchases in the previous stage.
For this reason, it is true that we need basic principles of preparedness when unexpected things affect our economy. As difficult as it was for me in the first year, I was determined and confident to close the first year of my investment planning successfully and that was a matter of pride for me. For this reason, I have advice for beginners to stay focused and have principles in planning Bitcoin investment because without principles, it will certainly be difficult for you someday. I mean if you don't have pressure to complete your investment planning perfectly then you will be left behind in various ways such as going through many purchasing stages and not being consistent with the investments you make.
At some point I have realized that accumulating says at regular intervals gives you some form of free air and preparedness for whatever that happens, because at some point I have gone through a lot of stages in my Bitcoin holding journey, and to a certain extent I have come to the realization that Bitcoin accumulation comes with a lot of pressure most especially when you pay attention to to the price of bitcoin and it volatilities at all time.
So for us to be in a fair position we need to pay more attention to the factors that help us to be in a better position to make the best of the decisions that place us on the safer side at all times because that is the only mean we can be at a stable level to make the best of decisions as regards to Bitcoin investments.
It is we that allow ourselves to fall into unnecessary pressure when accumulating bitcoin. It clearly shows that there is something wrong we are doing somewhere which we are not paying attention to. Many people investors play around with some part of their investment and do not care what is the price of bitcoin. They have their eyes on daily %, looking for places to enter and swing trade. If by any chance the price drops more than the risk they can bear they start facing unnecessary pressure. The problem is that most persons will buy when the price is high and when it starts dipping they begin to panic and start selling thinking they would lose all their money in the investment. I wouldn't advice anyone to invest in bitcoin if they are not hodling it for long.
However, we cant fall for this temptations if we respectively just buy and hodl our bitcoin. Without looking at the price of bitcoin in the market. Just like any other assets it is volatile and the price can be affected by other factors. But it shouldn't be something to hang our minds on what we should bother about is how we can increase the amount of accumulation and the best strategy to do so. Meanwhile dca has the best bitcoin accumulation solution. With less risk, less pressure and consistent accumulation.