Yes, nothing good can ever be achieved without patience, and if it comes to Bitcoin investment, we will never be able to achieve success without patience and long-term holding, because the real success of Bitcoin will come in long-term holding, because the history of Bitcoin proves that those who have held Bitcoin for a long time have achieved the most success. So patience and long-term goals are essential in Bitcoin investment, but it must be done through DCA. Because only through DCA investment can we increase the Bitcoin portfolio at a long-term average price, as a result, our profit will be much higher. And we have to run this DCA continuously for at least 10 years, only then can we get the real success of Bitcoin.
Investing in Bitcoin requires planning to hold for the long term. Yes, those who have invested in Bitcoin and held for a long time have become successful investors and are currently in huge profits. What was the price of Bitcoin in the past, how much is it now? Will increase more in future. We may see that $1 million at some point in the future. However, we should not invest more money than we can afford to lose. Because investing more than you can afford to lose will make it difficult to hold the investment for long. The most important thing is that you should save money for urgent needs. In my case I invested what I could afford to lose. My plan is to continue investing with DCA for a long time.
Planning and discipline in investing are very necessary and also instilled in us so that we can do it well and routinely, long-term investment in Bitcoin is a very good and safe choice because if we look at the extraordinary track record that has occurred in Bitcoin, it is not impossible that in the future the price will be much higher which allows our long-term investment to be a big profit in the future.
However, all of that must be planned very well and seriously, investing an amount of money that we can afford to lose is a wise choice even though Bitcoin will always provide good profits in the long term will not harm us if it is not as expected because we use money that we can afford to lose. However, if we do it routinely with the DCA method and according to our abilities, it is an ideal choice for those of us who have limited money but will be big in the long term if we can do it routinely every week or month for a maximum of 5 to 10 years. And besides that we must have savings outside the investments we make with the aim of urgent funding needs and not touching the investments we make in the form of Bitcoin so that everything runs well and successfully.