Quote from: Jerrycrypto2024 on Today at 12:31:22 PM

Quote from: Futurexxx on Today at 12:04:30 PM

Quote from: Stablexcoin on Today at 10:52:39 AM

Quote from: Rabata on January 09, 2025, 12:33:52 PM

For those who are interested in lump sum investments, it can be difficult to hold Bitcoin for the long term. They may sell Bitcoin for a small profit, but those who plan for the long term by doing DCA can be a strong holder. Stress free investing can certainly give the investor many advantages in holding it for the long term.

I disagree with you here. You are getting it all wrong. The strategy an investor chooses to implement in their investment does not guarantee that they will be a long-term holder or not. This means that whether they use DCA lr Lump sum the choice is theirs to make if they want to hold their investment for long term or short term. The essence of this strategy is to help people buy/accumulate Bitcoin.

You are very much right about this here, it doesn't really matter how you accumulate, which strategy is being utilized, the vital thing is to hold for a very long time, and it's not true that because you buy and accumulate Bitcoin through the lumps sum strategy means that you can't be thinking long term, investing and holding for a very long time depends on the individual involved, as long as the will is there, what's stopping that person from buying and thinking long term?
So the DCA accumulating strategy or lump sum strategy doesn't determine wether the person is going long term or not.

Then as of the aspect of an investor being afraid to invest, in my own opinion, it all depends on what was shared to him or her, and most times it's because of misinformation about Bitcoin that makes most investors to be afraid of making the move in the first place.

Yes totally agreed with the word misinformation of investor concerning buying of Bitcoin which leads to phobia or fear, but there is one major path which I discovered in most people or investor concerning decision taking, in terminology I call it "indicision spirit " it always acted as setback to many investor who possessed this spirit as they can't come to conclusions at the appreciate time to carryout their investment no matter how informed they are about the investment once this spirit hit them they begin to puzzle if they will or not venture into it. One of the consequences of this indicision leads to failure in holding for Long term even when the investor happened to invest.

being indecisive leads to procrastination which is serious threat to anyone that hopes on investing and getting good returns from his investment because an indecisive person will always look for excuses on why he could not buy yesterday, and the reason why today is not also a good opportunity to buy. for him, the best time to buy is always tomorrow and when the tomorrow finally comes, he looks for another Tomorow and keeps doing it while never investing at all.

information is readily available for every investor to grab across the net which will help one invest the right way and do so using the strategy that works well for him. a larger percentage of the people that are not investing most especially the ones that knows about bitcoin but due to one or two reasons are just being skeptical about investing are not doing so because they are not informed or that they are misinformed, it is mainly as a result of procrastination and the fact that some are waiting for the market to come really down to a certain range before they will eventually buy and because they market keeps going up, it now seems to them that investing at this time is too late.

excuses, ignorant, procrastination and refusal to facts that have been used and proven to be accurate by experienced investor doesn't translate into any positive returns. if by the end of the year bitcoin will get to $200k, whatever view any prospective investor holds doesn't even affect the market since they don't have what it takes to influence the market, the big players and policy makers whose decision has effect on the market aren't even being indecisive and have remained bullish in their bitcoin investment, how much more someone that is just at the periphery on his bitcoin accumulation phase?