Quote from: Nanga Parbat on Today at 11:33:56 AM

Quote from: CageMabok on May 17, 2024, 02:43:34 PM

Quote from: Bravut on May 17, 2024, 01:05:19 PM

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.

I don't think anyone will be overwhelmed if that person has made a profit through his own investment using any method, especially if what he invested was Bitcoin. Because in terms of investment, it is necessary to reduce the level of consistency so that every investor can be more willing to buy in any condition without worrying about anything if the goal itself is for the long term. I am quite sure that currently there are many investors who like Bitcoin because they have seen evidence that Bitcoin is a very good investment asset so it should not be sold carelessly in unfavorable conditions when we already have it. But there are also those who do this and maybe they don't realize that Bitcoin is the best at the moment.

We make long term investment in Bitcoin because when we look at the history of Bitcoin it has been continuously increasing from its previous history which makes every investor eager to invest in it .
And I think Bitcoin will become the number one investment in the next few years because Bitcoin ETFs are being approved and invested in every country , so big investors went to invest in it and are starting to invest .And if we see that Bitcoin is the best both short term and long term , if wo do short term investment with a good strategy we can make a good profit.

Quite on point. The Bitcoin ETF approval looks more like a catalyst that has and would increase the adoption of Bitcoin now and many more years to come. So many people choose not to put their money in the early days, as they had doubt the project. Now that Bitcoin price has reached this current level, we've began to see them invest heavily in it. More people would definitely join the train as time goes by, giving Bitcoin a better price.

As for those who have been in the game for some time now but are not heavy investors, it will make more sense if they hodl the once in their possession for a reasonable amount of years. Without been told, the future of Bitcoin looks promising to those who believe and invest their money (whether short or long term).