Quote from: Tamaperdana on Today at 04:46:20 AM

Quote from: Fuso.hp on Today at 01:40:28 AM

If an investor gets a rough idea about investment and after getting a rough idea if he adopts DCA investment strategy in investing then I think he will be successful by investing in this strategy if he can hold his investment for a long time. Those who have invested and traded can tell you that investing is much easier than trading. In the case of trading, different pressures always work on a trader. Because a trader has to keep an eye on the market all the time and notice when the price of any coin is decreasing or when the candles are strong or weak in the market of any coin. And after noticing these issues, all those traders have to trade.

Investors usually don't have to take all these pressures in terms of investment because the investor who invests in DCA investment method does not have to read the market chart every time separately. Maybe the initial part of investment is a little difficult for every investor because at that time he is not used to investment but when he dares to invest then that fear no longer works in him.

Yes, a bitcoin investor, especially one who uses the DCA technique, does not need to constantly monitor or see bitcoin market price movements. Because DCA is a purchasing technique that does not depend on market prices, and only buys bitcoin based on a predetermined time, be it once a week, once every two weeks, or once a month. That's why DCA is a very suitable buying technique for most bitcoin investors. Because of course the majority of bitcoin investors have their own jobs so it is impossible to continuously see bitcoin price movements on the market when buying them. That's why the DCA technique is very suitable for people like that, because by using the DCA technique we don't need to worry about making purchases. Because DCA does not look at the price of bitcoin.

Then talking about fear, I don't think this feeling is easy to get rid of, even if you have started investing in bitcoin, for example. Because fear is a human trait that cannot be completely eliminated. But even so, I think having fear when investing in bitcoin is not a problem. Because fear can also turn into a positive thing when investing in bitcoin. Because fear can be a strong shield, to restrain ourselves from excessively using the funds we have to invest in bitcoin. For example, someone has 10 thousand dollars, but the absolute cold money that person can invest is only one thousand dollars. But because the person was too brave, the person invested 5 thousand dollars in bitcoin. Then in the end the person has to sell the bitcoin back, because the money will be used for their child's needs at school.

This is an illustration that not having fear will be very dangerous when investing in bitcoin. Therefore, having fear when investing in bitcoin is a positive thing too.

Fear is too ways. It can make you be nervous on where you put your money and proper step of losing your investment but to see it growing. At the same time fear can make you not take the bold step of investing aggressively into bitcoin when you have the money. However, a new investor that don't have confidence in bitcoin, can start by investing with little amount buying every week or month consistently and persistently.

In the second year when he has start to understand bitcoin investment, he can increase his DCA amount due to confidence that he has gotten in the market, because I believe that you confidence i bitcoin will increase based on the passage of time. This is why any investor that has invested in bitcoin for one complete circle will have more confidence to invest aggressively in bitcoin than a new investor. The more experience that you have in the market, the stronger your confidence in bitcoin's future and the less your fear to buy more and hodli for long.