Quote from: Aanuoluwatofunmi on Today at 05:02:38 PM

Quote from: Gost ms on Today at 04:32:03 AM

~Snip

Knowing the nature of what the market is, we must be able to related all the necessary assessments expected of us before making an investment, after doing all these, there must be a cogent reason to why we must invest at a particular time and hold, buying and selling as we already know is a continues process, the more we go in doing it the higher the bitcoin value turns to be because of its increasing demand, so setting a particular time frame to buy or invest and then taking the right position upon our investment asset will all make it more profitable for us, now on trading, we may have to trade base on the personal convictions we have towards it, if we truly understand why and how to trade, manage the risk in trading and lots more, we are also going to make some catch at the cause of doing so over time.

The problem is, you have to separate trading and investing. Even if you are able to make a profit from trading, then that is not the main idea of this thread. Buy and hold, do as much DCA as you can and do it for the long term. Instead of trading, I tend to choose long-term investments and I certainly have reasons why I should do so.

Long-term investments have so many advantages over investments with shorter time frames. You can make better financial planning when you start focusing on long-term investments, this can save you more time because you don't need to monitor the market continuously. Of course there are many other good things that are also advantages of long-term investing, but I have mentioned two of them.