Quote from: Joy- maker on Today at 05:59:06 AM

Quote from: Litzki1990 on February 13, 2025, 01:27:19 AM

Quote from: Ricardo11 on February 12, 2025, 01:33:38 PM

I agree with you, it is very important for every investor to adopt the right strategy in Bitcoin investment. If you want to profit from Bitcoin investment, you must maintain patience. You cannot be successful just by investing, you have to manage the investment properly.
And we know that the only best method in Bitcoin investment is the DCA method. However, you will get effective results from the DCA method only when you keep DCA continuous for the next 10 years or the next 3 cycles.
Because Bitcoin is a volatile currency, even if it fluctuates a lot in the short term, it has a high probability of being valuable in the long term. That is why investors must be patient enough and follow DCA continuously, only then will there be a high probability of getting very good results from Bitcoin.

It is easy for every investor to start investing, but it is very difficult to actually maintain your investment for a long time. Basically investors face a lot of challenges after starting the investment which sometimes leads to selling their investments even in reluctant terms. If an investor cannot hold his investment for a certain period of time after making the investment then I would say that the investment is worthless. Even if an investor adopts the DCA investment strategy in terms of investment, the investor should adopt certain strategies in making this investment permanent. For example, the amount of money that the investor will regularly spend for investment, he should keep some amount of money left over so that he can meet his needs with the remaining money when he has financial needs. But he will not need to sell his investment when he has the remaining money. Those who can invest in this way actually have permanent investments.

it is not difficult to maintain your investment for a long period time, yes it's a normal thing for an investor to face some challenges that's why it is advisable to invest with your left over cash (discretionary income) after settling your expense, because if you want to invest in BTC to hold it for long period of time you have to first of all settle you needs as human you should feel the value of needs, also have an emergency fund and other sources of income it we help you to maintain your investment for a long period of time without being tempted to sell them off in short term.

I totally agree with you, investing in Bitcoin is not actually difficult provided one has kept his or her discretionary and have a consistent and management skill because there are people who have the discretionary but they are not consistent and they lack the management skill and having discretionary and not been consistent is very bad because your portfolio will not grow the way it is suppose to..., Bitcoin investment is not all roses so we should be prepared for anything that will or may come up as an Obstacle so that we can be able to know how to scale through it and the ability for an investor to scale through a particular challenge will give him or her an insights on what to do next time such or similar thing comes up.