Quote from: Sim_card on Today at 04:56:30 PM

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Quote from: Barikui1 on Today at 07:29:15 AM

I understand the point you are trying to say bro, but you need to know that if you really want to secure your future, then you need to stop having that mentality of taking small small profit, and look at the bigger picture that comes along being a long term holder.

And another thing is that not everyone that will have that kind of amount of money at his or her disposal, but the DCA method makes it easier for even the common man on the street that doesn't have much income coming in, as long as you are thinking long term.

You must determine your target in investing in Bitcoin.

If you have confidence in long-term investment, of course short-term profits will not disturb your investment journey.
But if you are bothered by short-term profits, it means you don't have the mentality to hold Bitcoin for the long term.

I think you should stick with investing in Bitcoin, whether short-term or long-term. Given this investment, you can be safe with your capital, which is guaranteed by Bitcoin. There are many short-term investors who jump into long-term investments after slowly building up their profits. In this case, he wants to be busy with daily short-term investment without investing the entire capital.

Quote from: Barikui1 on Today at 07:29:15 AM

Why do people keep saying take the opportunity while it's there, meaning of course we can take advantage of the price decline to continue buying and holding it for the long term instead of selling it when the profit is already there.

From that point, you just need patience if you want to invest in the long term because without patience you won't be able to achieve it

Many people wants to get busy looking for dips for investment, they should understand that every day dips for Bitcoin. It returns more than the original low as you might think. You can make your right decision regardless of whether it is short term or long term with BTC.

Stop using the word 'short term' in bitcoin investment. That word short term is for traders. There is no guarantee that a trader will make profit trading with his bitcoin, he might get lucky and be profitable, or he might make the wrong decision and run at big loss, and will regret his actions. But if you are a long term investor, there is high possibility that you will make good profit because, the value of bitcoin increases with time-line. The second advantage is that your profit will keep on compounding and making your new capital to generate high profits. Profits from short-term traders are just to sustain them for the day, but long term investors are after the future. Build up your bitcoin portfolio gradually and regularly using DCA strategy weekly or monthly. It is a bad investment plan to think that you can use trading of bitcoin to increase your bitcoin portfolio, and hodli. You will always be tempted to trade from your bitcoin portfolio, and that will make you run at big loss, which you will not have any bitcoin investment in the long run, because you were busy gambling instead of buying regular and hodli to have a significant size of bitcoin investment.

Holding is the best strategy for BTC I don't deny it. mean short-term investors can be attracted to long-term investments as a result of more maturity of their wealth of experience. You don't want or should invest all your precious capital in one place because it is important to keep your daily cash flow. Investment success depends on long-term strategy results. And the health of your portfolio depends on long-term investments.