I agree with you, especially as a Bitcoin investor, you need to have a long-term holding perspective. In the case of Bitcoin or any cryptocurrency,it is important to keep a steady eye on the future, without worrying too much about short-term price fluctuations, because short-term price fluctuations will never end, but in the long-term trend, the price of Bitcoin usually increases. However, it is very important to assess your financial situation before investing in a volatile market like Bitcoin. never any time Your own necessary money or Daily expenses money, or you will be needed after 1 to 2 years that money, you should never be used for investment.
Sim_card You are right that, it is better to take risks in buying Bitcoin now and holding it for the long term. Because the price of a cryptocurrency like Bitcoin is naturally volatile, it is currently at 94K, it is definitely the right time to start investing, so if you enter the market now, it can give you a chance to make a lot of profit in the future. Because Bitcoin has the potential to become much more valuable in the future.
Therefore, it is best to start investing in Bitcoin in DCA now, only in DCA can an investor invest at an average price of both low and high prices, thus increasing the chances of getting stable profits in the long term.
Stop comparing bitcoin with shitcoins. It's only bitcoin that is worth to invest and hodli for long because it is still growing and will mature to an adult in future. Only bitcoin has the power to multiply your wealth when you invest and grow your bitcoin portfolio with consistency and persistence overtime. Shitcoins are waste of time and resources because they are not promising and can put you to a big loss. This is why I see people investing in them as gamblers and not investors.
However, this is a bitcoin thread and not cryptocurrency because majority of them are scams. Don't mislead the newbies reading this thread and new investors should only invest in bitcoin because it's the only coin with great potential. Forget about shitcoins and focus on building your bitcoin stash for your future gradually with DCA regularly every week or month.
Actually I'm very sorry, actually my main purpose of this post was only bitcoin, but I can't understand why I mentioned "any cryptocurrency". Trust me, I fully intended to talk about Bitcoin, and if you notice I only mentioned "any cryptocurrency" in this one place, I mentioned Bitcoin everywhere else.
Anyway thanks Sim_card for pointing out my mistake, I will be more careful in future. And I am correcting my previous post. thank you