If actually Bitcoin is the subject matter then buying and selling within the period of one year apparently has nothing to be called anything related to investment but trading because one year is too short for your investment to experience the power of compounded value of your investment, a cycle which is four years would have been better to be described as a short term investment in my perception while four to 10 years or more can be called a long term investment.
Okay I have learned something today, atleast you have given a timeline for short and long term Bitcoin investment. Most people who target to buy during the Bitcoin halving are short-term traders, and that's a very wrong investment approach. I know people who are currently disappointed with the price of Bitcoin because they thought it would have reached $150k. But long term investors are not perturbed because they are still on profit or are not selling.
I so much believe that learning always took place in everyday of our life, because knowledge is really power indeed, so talking about short-term investment, those investors that always make use of short term investment i see those investors as a gambling, because they are betting not investing, they are just for quick money making not to wait till dip finally happen, so buying in the dip and hold in a long term investment is the best.
Yes I think long term investment is the best, but many people try to choose this best but due to lack of experience and strategic knowledge many investors get left out.
You can see that long term investment requires a strong wallet and experience, you need to have the ability to take risks, and you can participate in Bitcoin investment through deep buying and DCA method.
But if you are in a financial crisis, then it is most important for you to do DCA method, in this you can benefit while saving money and doing Bitcoin DCA method weekly.
If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.
So put your finance in order, settle your basic necessities and invest with your discretionary funds, along the way you can also make out time to save up on some much needed emergency backup funds to save you from having to sell early during an unexpected financial crisis.
Exactly, investing with money meant for other things is already lack of Bitcoin investment knowledge because someone who understands... won't use his or her expenses money to use in accumulating Bitcoin because the result will be failure, the investment can never last for too long. It is good to be inform so that one don't make mistake that will affect them very bad in the future. Investment should be done when someone has gather a little knowledge and keep a little of what it takes to start and keep the investment going and then press to make available what is needed before the initial one will be exhausted.