Quote from: suzanne5223 on Today at 10:46:48 AM

Quote from: Mayor of ogba on Today at 08:39:00 AM

It is not even right for newbies to invest in bitcoin and also chase after short-term gain in bitcoin at the same time because if they are stuck in chasing short-term gain in bitcoin, they will have no choice but to depend on their bitcoin investment to get their daily expenses sorted out, and it can possibly get them off the game at the same time. And since newbies are low coiners or no coiners who are just planning to start their bitcoin investment, they should focus mainly on investing in bitcoin for the long term only so that it will help them to build up their bitcoin portfolio in the long run, and if they are patient enough to hold their bitcoin portfolio for a very long time, they will achieve amazing gains.

Not only the newbies.
It is not right for everyone to invest in Bitcoin and chase after short-term gains when the best gain is through long-term holding. It is just like this thread topic, which is "Buy the DIP, and HODL". This is always the most profitable decision ever, and that's why people are advised to accumulate BTC directly proportional to their discretionary income, which will prevent the idea of depending on their BTC investment to meet their expenses.

Short term investment is just like trading, and you would most likely just temper with your portfolio and in the end of everything, I think you would end up not even finishing what you actually started but when the plan is long term with DCA strategy at most with a consistent view of what you doing through the DCA strategy then you would probably get to the finish line and realize the actual plan and goal of you investment in Bitcoin.