Bitcoin is a volatile market, and its trend is not always the same. When investing in Bitcoin, it is definitely better to think of long-term investment. Excessive expectations have various negative effects on long-term investments. Those who expect quick profits in their investments get disappointed when the market is volatile. When an investor expects the price to increase and if the price falls, he gets disappointed and loses the ability to make decisions. Just as excessive expectations have a negative effect on investments, sometimes not being able to make decisions at the right time also causes negative effects. Determining the right time to enter the market is a challenging issue for investors because the Bitcoin market is volatile. Many investors wait before entering the market so that it may increase further but in the end it is seen that time has run out and they miss their opportunity. If the objective is long-term, excessive expectations should be eliminated. It is important to follow a fixed plan in long-term investments.
Investors do market research before entering the market and expect market dumping for investment but Bitcoin investment is recommended to buy regardless of any price.
From my experience, if you want to make research probably in the form of analyzing the market, checking the MSM and all that before making investment in Bitcoin, you will end up moving from an investor to a trader. The possibilities are there because you will end up with contrary opinion from where confusion will step in and make you to derail. Bitcoin does not need over analysis because the facts are already there which is that the price moved from a few cents to over $100,000 against the expectations of some people you will call financial experts, against crackdown by some governments and against many other obstacles. Bitcoin is still here and not going away anytime soon and it even gets better and bigger with time, this is all the facts and figure any research should give you and enough motivation to get started already.
We are at the point where there are so many interest in Bitcoin, a testament to the fact that Bitcoin have become established. Some people who doubted it have swallowed their words and more and more people are either investing or considering to invest in Bitcoin, this is a sign that Bitcoin future is bright and those who will start now are never late but still relatively early in the business.
I think we should be overly optimistic especially when it comes to making profits from Bitcoin, but that will be through long-term accumulate from discretionary income. Our expectations are what entice us to go long and buy Bitcoin more aggressively when it dips. The expectation is to just set a long-term Bitcoin accumulation point and hold it for a few cycles.
If you buy Bitcoin and hold for at least 5 years, you will definitely see significant increase in your money based on how the price have behaved in the past. It even gets better when you hold longer, so consider making a lifetime investment in Bitcoin so you can be rest assured that you have secured your future financially.