The Bitcoin market fluctuates a lot, but when there is a big dump in the Bitcoin market, many investors may panic and experienced investors consider this dumping as a discount and hold it for a long time for high profits. However, many experienced investors think that when there is a big dump in the price of Bitcoin, buy it and then sell it when the price increases. So that you can increase your half and make a bigger investment with that money so that you can do it for the long term.
Anyone with such mindset is not an investor but a trader. Long-term bitcoin investor isn't buying bitcoin at the dip to sell when the price increase or in the bull run especially a new investor because he has a target that he needs to reach in his bitcoin journey. What will you gain when you are only buying to sell for profits and you keep on wasting your time for little profits, missing out the compounding effect of your bitcoin portfolio.
Anyone in this practice is short sighted because he fails to understand that bitcoin has the exponential power go grow overtime in price because we are still in the early stage of bitcoin so why limit yourself to a certain price and a certain size of portfolio when the future of bitcoin is very bright if only you can build and grow your bitcoin investment portfolio with DCA weekly, regularly, consistently and persistently for 4-10 years and above.
It's better not to think about profits when accumulating bitcoin but to think of reaching your bitcoin target so that can motivate you to look for other ways to improve your income as time goes by in other for you to invest aggressively if possible.