Quote from: Egii Nna on Today at 08:10:22 PM

Quote from: bangjoe on Today at 07:39:02 PM

There is no other way to make a profit in bitcoin is by long-term investment, making purchases with DCA and when you feel you have enough bitcoin that you already have then store it in a wallet that you control yourself and after that it's just a matter of waiting until the time comes that you want to harvest the long-term investment profits that you planned.

Bitcoin is never enough if you want to keep it for a long time. You have to keep accumulating it so that you will not rely on what you have already accumulated because embarking on a long-term investment is not as easy as we usually say it; it deals with a higher level of patience that we will never expect. So we purchase bitcoin with DCA, and continuously you will always feel like you don’t have enough of bitcoin. That will help you not to rely on your already accumulated bitcoin, and it will help a long way to hold your bitcoin for a long time to have a better profit.

And that is the wrong logic in investing, you are like a greedy person, basically this is an investment that you also do not need to overdo it, just with the amount of bitcoin that you consider it worthy can provide a profit that can help you in a few years when you hold it at that time.
In this life nothing is easy if you think and act for the long term, so I think it is a risk that must be taken in your journey in investing, it should be your calculation when you before buying bitcoin for the long term, do you not think about it?

In fact, in order not to depend on your investment in bitcoin you must have good money management in your life, everything must be calculated properly, so when your life situation is difficult you will not interfere with your investment in bitcoin, think a little mature in investing, determine the amount of bitcoin you can strive for during the accumulation journey, unless at some point you have more money and want to increase the number of bitcoins, it is not a problem when your finances are very well organized.