Honestly, as investors, we should not always focus on getting Bitcoin at a dip price by all means, because by doing that, it is possible that someone may never get that dip when they need it. This means they may have to wait for years, which is possible even during a bear market, as the price of Bitcoin may not drop to the level they want to buy at. The best approach for investors is to always see any Bitcoin price as an opportunity to accumulate more. In fact, using the DCA (Dollar Cost Averaging) method to accumulate Bitcoin at different price levels is a smart strategy. As long as someone has a plan to hold Bitcoin for a long period, they shouldn't worry about waiting for the dip. Long-term holding often results in reasonable Bitcoin profits.
It would be great if we could see some of the profits sooner rather than later for investing in bitcoins like we see now especially those who are new to investing in bitcoins. In fact, it is not right to think that investing in
BTC will make a profit in a short period of time, because after investing, you must think about the long term in order to get profit from
BTC. Here Aslam invested and walked away with a share of the profit, it is not like that.
I personally feel that people who cannot think long term should not invest in
BTC. And those who think long term only invest in
BTC. When thinking about Bitcoin, it really has to think about the long term. Nothing good can be expected from here without long term investment.
Bitcoin investment profits yield overtime after a long term process of building with commitment, dedication and discipline in other to avoid or not falling into the uncertainties of the market. Unlike trading that requires short term profit or sooner profits which is difficult to achieve in short terms. Having a short-term profit mindset can impact your long term investment strategy. stay focused on the bigger picture and not get persuaded by the desire for quick gains.
Having a sooner profit mindset can lead to impulsive decision making, which may result in missing out on the potential long-term growth of investments.