Quote from: terrific on December 08, 2024, 10:13:41 PM

Quote from: Wonder Work on December 08, 2024, 11:33:14 AM

Nothing good can be achieved without holding in the long term. If you do something in the short term, it becomes trading. ‌ If you do something in the short term, you cannot gain much from it. If I have done these or am still doing some things, from my own analysis, I can see that if you do something in the short term, you cannot expect anything good from it. ‌However, some profits can be achieved but not much can be expected.

If you can maintain DCA and invest in the long term with understanding, then it is best. It is true that to get something good, you must have the mentality of holding for a long time.

I agree with DCA. But don't discredit the traders that are able to make sums of money. There's also good things comes in there.
But it just so happen that the majority who trades get rekt and that's a fact but don't forget that those traders that makes a lot of money, gets to the top as well. I'm a long term holder and I know that in fact that DCAing and long term holding is very effective. However, if see someone who makes a lot from short term trading and strategies, you cannot invalidate that strategy works for them but not for us.

Some people are more enthusiastic about short-term investments, but in the short term, it is often seen that the profit share is higher. In this case, most traders prefer this short-term investment system. Many are on the rich list from this type of investment. Although Bitcoin investment should be done for a long time, many have contributed to earning a high profit by investing in a short time. For example, I will say that those who bought Bitcoin two months ago and sold it during this bull season have earned a high return. Although we do not support this short-term investment in Bitcoin, but even after that, the rate at which people are buying Bitcoin and participating in the bull run competition is on the verge of a crisis in Bitcoin and traders are taking this opportunity and selling their accumulated Bitcoin.

Of course, the DCA method or Bitcoin plays an effective role for long-term investment. By adopting this approach, the investor takes a long-term approach instead of short-term thinking and can enjoy the benefits of getting a high return over a long period of time.