It seems to me that any of us have potentials to become emotional with our investment into bitcoin from time to time, and it can be quite stressful when the BTC price is moving around a lot, and the stress can come when the bitcoin price moves in either direction.  Of course, the more that we have some kind of an outline of a plan, then we will have some guidance regarding whether we should do anything or not.. so if the price goes down, maybe we can buy up until a point that maybe we run out of money, especially if the BTC price goes lower than expected.

When the BTC price is going up, we also can feel the stress of feeling that we had not bought enough.. so then we feel stress about whether we should keep buying or slow down in our buying..

Surely, the longer that we are in bitcoin, the more likely we have been building out bitcoin holdings through both the ups and the downs, and surely our BTC portfolio has better chances of being in profits, yet we still can have some feelings of dilemmas about whether to do anything based on what the BTC price is doing.

I frequently believe that if we have created some decently strong systems of ongoing buying and cashflow management, then we start to feel better about where we are at and less likelihood that we are going to become overly emotional in regards to wanting to do something that was not in our previously made plan. Surely, some guys are more emotional in their personalities than others, too... which might cause them to have to figure that out in advance and perhaps to figure out some ways to create their plans (and to carry out their plans) in such a way that accounts for their own tendency to become more emotional than other people under similar circumstances.

Personally, I tend to believe that for beginners there is no need to diversify our bitcoin investment beyond bitcoin and cash, yet there may well be circumstances that some guys are going to need to figure out some diversification of their bitcoin allocation beyond bitcoin, even though others are able to figure out how to balance their holdings between merely bitcoin and cash... yet as our bitcoin holdings grow.. and perhaps become a year or more than a year of our annual expenses, we might start to believe that we have a lot of value in one place, so great fluctuations of that value cause us stress.

By the way for our dip down to $16k-ish in 2022, there may have been guys who were in bitcoin for a few years and who had gone through the two price peaks in 2021 (to $64k and then to $69k), and so they had the sensation of being in great profits, yet when the price dropped below $20k or even $30k, they were finding themselves no longer in profits, and surely many of us would have suggested that they just keep buying bitcoin through that whole period, especially if they ONLY had less than a whole cycle accumulating bitcoin,  so surely ongoing accumulation of BTC would have had worked out as  a good plan and practice in order to get through that long period of negative BTC prices that we even spent a lot of time below the 200-WMA.. from about June 2022 until October 2023... Similar stresses come on the way up, especially if someone is new to bitcoin, then if they get into bitcoin and the price goes shooting up, they are going to be so tempted to either sell or to stop buying... which may end up screwing up their focus which they may well already know that they should be accumulating BTC rather than either selling it or failing to buy it.. .. which I would consider those kinds of circumstances to be stressful too.