Quote from: teamsherry on May 20, 2024, 11:19:54 AM

Quote from: Nanga Parbat on May 18, 2024, 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.

If one were to judge from bitcoin past performance and also considering the fact that its still quite an early asset that would give everyone a hint where bitcoin is going, bitcoin could someday beat many other traditional asset and become the best in the top, but either way its good we don't get in too greedy and also understand that it might take years before bitcoin gets to that amount that we all have in our mind and what is most important now is to buy bitcoin and keep buying bitcoin and that's the only way to actually benefit off bitcoin as an asset.

Yeah, we just need to keep accumulating as we can and shift our minds from expecting huge price and focus on what is necessary which is accumulating and building a strong solid Bitcoin portfolio overtime. Any other thing is distraction, we are not getting too optimistic both we just need to leave some things for the maket to decide and extract the oil from Bitcoin because that the sole reason we indulge in it firstly.