Akin to the saying that excess of everything is bad,
Too much of everything is indeed bad and we must be able to maintain a boundary or let let me put it this way that a limit to everything we are doing, if we don't want to risk losing our investment fund for nothing, we must be careful of the steps we take, the way we trade or invest, the time management as well as the risk factors all inclusive on whatever decision we are taking regarding bitcoin investment, it does not end up in making the first step, but taking the right path in doing so.
The Bitcoin market is very volatile. You can never tell whether the price of Bitcoin will increase or decrease in 10 minutes. There is a big difference between investing and trading. Investing is long-term, such as for your future, and trading is short-term. The risk in short-term investing is much higher than in long-term investing. In long-term investing, you do not have to worry about small ups and downs in the market. In terms of investing, you must have the right song about your wallet. You must have the right knowledge of financial management. Along with investing, you must have an emergency fund. An emergency fund is needed to protect your investment from unexpected financial disasters.
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.
Bitcoin investment or trading, of course both have their own risks, but I'm sure most people will agree that trading is much riskier than investing. So it's very clear that investment is the best way to minimize risk if you buy bitcoin. Therefore, it is only natural that currently many people choose to invest rather than trade bitcoin. Because of course everyone also wants low risk but quite satisfying results, that's why they invest in bitcoin. Because even though bitcoin investment takes a relatively long time, but if you manage to hold it, I'm sure the profits you get will be much greater than trading. Because trading at first glance looks like it will get profit faster, but don't forget that losses will really come to us quickly. That's why I personally recommend investing in bitcoin, because for me an asset as good as bitcoin, it's a shame if it's only made for daily trading.
I absolutely agree with what you have said, Making an investment is very important, But investing in Bitcoin is very important, Just like we all know that Bitcoin is unpredictable, and there are risk also involved when making this investment,
Bitcoin investment is one of the most profitable investments out there for anyone willing to wait for the long term regardless of how unpredictable bitcoin market get, no investment is without risk and there are 100% guarantees in bitcoin, but when compared to some other investments with the same accessibility as Bitcoin, then bitcoin tops as the best investment.
Investing in Bitcoin with all your money is risky as well that is why it is important to learn how to make this investment with a right mindset and a good strategies applied, Because if you set out a good financial plan it helps to make a good investment decision,
Investing with all your money is not just risky, it is a financial mistake, bitcoin isn't a get rich quick scheme, it takes time and investing with all your money will lead to financial bankruptcy which will also lead to selling the holdings early because you need the money even when you are selling at a loss, an investor needs a good investment strategy, and while most people say that the DCA is a newbie's investment method, it works for everybody, newbies and veterans alike, and it's still the best bitcoin investment strategy yet, so to avoid making these mistakes, a person should invest with their discretionary funds, this is what's left from a person's income after they have satisfied all of their necessary bills, the money used to do all the petty spendings that a person can do without.
Making a long term plan would be more preferable, instead of trading your assets but having this good strategies will help to accumulate your assets instead of investing and trading at the same time,
As far as bitcoin investment is concerned, long term investment is the way to go, anyone going into bitcoin for short term gains is a trader not an investor, even though a person is employing a good investment strategy like the DCA, as long as they are not willing or planning to accumulate and hold for a long term then they are not investors but traders.
It is important to get to overaccumulation. Trading before Overaccumulation is always a bad idea when it comes to Bitcoin Investment.
Trading before or after overaccumulation is always a bad idea when it comes to bitcoin investment, not just before, any person investing in bitcoin should not consider trading their assets even after accumulating alot, an investor can spend over 10 years accumulating bitcoin and after all these time spent on accumulating, it would be unreasonable to me for that investor to start trading his/her hard earned assests because when the losses start piling up they will realize that they have just wasted their bitcoin on a pointless endeavour.