Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Bitcoin is not a get rich quick scheme, so you don't need to cast your hope on it, you're to invest with your descretionary income and hold for a long term. The market is very volatile and it can be mentally disturbing if focused on.
Cast your hope on other things and remove your mind from your Bitcoin investment for your sanity sake, and to achieve that, do not invest more than you can afford to loose in Bitcoin. Your gains would come, most times not immediately, but after a while, your investment would be profitable.
Get a career, find something doing to keep you busy, attempt forgetting that your investments existed and live your normal life independent of your investment, that way you would not l be disturbed by the volatility of the market but would use it as an opportunity to increase your Bitcoin portfolio. You can also continue buying with DCA methods to buy both the pump and the dump, thereby increasing your profitability by smoothening the volatility effects on your investment.
Bitcoin is an investment thats said to be profitable in the long run and I think it should be treated as one, all hope should not be put in Bitcoin but as smart people we sbould invest and hodl with what we wont regret if anything eventually happens in the process.
Bitcoin is a continues process but with the little we can afford continuously and steadily because it is not advisable for us to use everything we have to invest because we have to fall back to something, smart people dont invest their all in any investment to avoid any ugly regrettable occurence.
First and foremost for any investor to succeed in Bitcoin investment such investor should apply the maximalists strategy of investing and forgetting though it may be difficult for anyone to do this but it may be necessary to take this move to avoid being much inquisitive of getting profit fast hence we know that the profit is only for the future which is long-term.