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Are you saying this from your assumptions or you are telling us based on experience, because I believe that the longer you are in bitcoin accumulation game, the more confidence you have in bitcoin and experience in bitcoin volatile nature which will lead to no panic or been emotional to the point of selling. How will a great investor like you said do that. Then he is only a lost trader, who panicking is always their way of life because they choose to trade.
I don't see why an investor with a long-term investment mindset will panic when he is busy accumulating his bitcoin with his discretionary income overtime in order for him to reach his target.
Anyone that does not have the believe in bitcoin should start his investment with as little as $10 regularly with DCA for two years whenever he has killed the panic in him due to the knowledge and experience he has gained, he can increase his DCA amount and invest aggressively.
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.
In addition many investors today struggle with emotional control which it lead to impulsive decisions making during the market downturn, most at time the market dip can trigger fear and panic causing most investors to sell, even if it wasn't their intention of selling off their assets.
Those who will sell Bitcoin at the current time or during a recession are basically weak hands, only weak holders can think like this. But those who invest in Bitcoin for the long term will never think like this because their investment will be long-term and purchase according to the DCA method. Investing in Bitcoin according to such a strategy is best because you have to take risks and invest only, because you must remember that there is pumping and dumping in the Bitcoin market.
You have to invest regularly following the Bitcoin DCA method, buy additional dips during dumping and if you can sustain your Bitcoin investment for a long time,
success is guaranteed. Especially by controlling greed and dealing with different situations, it is possible to achieve success in long-term investment.
Success in bitcoin is not guaranteed, even if we do everything perfectly.
Bitcoin investment as well as any other kind of investment comes with certain risks, its in the job description, there are no guarantees whatsoever, that said, investments aren't for the week minded, bitcoin investment more so, it requires a certain amount of determination to pull off.
That is not true that we are 100% guaranteed to receive profits in bitcoin, even if we do everythng correct.
People need to re-educate themselves on how investments work, there are no 100% in investment, you could lose, you could gain, but depending on your investment scheme or investment platform, the chances of gain are a guarantee higher percentage than chances of loss.