Quote from: Pandu Geddon on Today at 12:31:18 PM

Quote from: MainIbem on Today at 12:13:43 PM

To be a successful Bitcoin investor, apart from being disciplined, one other key trait an investors should have is patience and many investors lack that.

Investors who do not have patience in investing are just beginners. not only in Bitcoin investment, but some people who are more familiar with stock or property investment must understand how patience is important for an investor.
Patience comes from experience, we cannot be beginners in investing to become perfect investors in our first investment. our investment can develop when we as investors also develop our knowledge. I will not care too much about the investment method used, investors have their best way of managing and planning their investments.

Usually they are and to bad that they had this expectation where they can earn fast money from bitcoin. They didn't realize yet that thinking short term will lead to total destruction especially that we know the market is volatile.

That's why patience is really important when dealing bitcoin since this coin is really good for long term. The potential is good that's why many like the idea of long term investment since people already see the good result shown to lots of people doing this investment option.

Although strategies may vary depends on person executing it and since DCA method is so famous then we can assume that many use it because its easy to understand and apply especially when they build up their bitcoin portfolio.