Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Bravut
on 17/05/2024, 13:05:19 UTC
Bitcoin is best suited for long-term investment only, as the price of Bitcoin is undergoing small pumps and dumping at the moment. Never worry about this pumping and dumping, think about how to make my investment long-term and have a plan, get more insight and advice to grow my investment. Because the better the plan is, the bigger the bitcoin investment will be, buying bitcoins with the DCA method. Investing in the DCA method will allow you to buy into the deep market at any time, and is definitely a good investment because this long-term investment in Bitcoin is the ultimate asset store. (Like Pipilika builds her nest with small grains of sand) In this way, by investing in DCA method of Bitcoin in small ways, Bitcoin should be increased.
To be able to survive in long-term investments, of course we have to have good planning before deciding to start investing and it is difficult for someone to do it well without having a plan before deciding to invest and if we choose to use the DCA method for the investment we will make, of course this will be the case. we just need to do it consistently so that we can enjoy satisfactory results from the investment we make and I am very confident that we can do it well and survive in the long term.

Any one starting up an investment shouldn't be scared of making mistakes, mistakes are bound to happen but how you were able to navigate your investment after mistake has been done, there always a room for adjustment where and when necessary in ones investment journey, however wanting and planning on how best to go about one investment is good but you don't have to stay too long doing that for experience happens to be the best teacher at most times, so it is best you get fucking started and figure out other things while already in the market.
A mistake in an investment means that the loss of money, it's very difficult to recover if there is no more cash. But investing in BTC can reduce the level of money loss to a great extent. If one can use the DCA method properly and gradually increase the level of BTC accumulation as possible then one can definitely become a successful investor. Experience is a great asset to be successful in investing because experienced people love to leave their mark on every step they take. However, depositing BTC through DCA method is very easy and does not require much experience, only long-term management at regular intervals.

The long term view, which we can't really tell if some can go with, or just get overwhelmed with the profits and leave the market forgetting to re-invest and still keep track of building a solid portfolio. DCAing doesn't require any form of expertise, it just revolves around what you can afford and consistently invest in Bitcoin, that won't exhaust you and you can do without in matters of your finances.

Making mistake isn't bad, but making same mistake over again is bad and a decision, in essence learn from the mistake and never allow such repeat itself.