Quote from: dunfida on Today at 09:58:34 PM

Quote from: Proty on Today at 06:42:15 PM

Quote from: Joy- maker on Today at 03:08:49 PM

you are saying things the wrong way and that's the reason why I we disagree to this your statement above, because your statement will mislead newbies alot, investing in bitcoin for long term will always be successful and profitable if you manage your cash flow Very well, because for your bitcoin investment to be successful on the long run, it has to depend on the plan and the mindset of the person that investing in bitcoin and not on bitcoin, if the person plan very well he or she will know how to allocate his cash flow wisely and smartly in other for his or her bitcoin investment to be successful on the long run.

First of all it is obvious you fail to understand that there are risk involved in bitcoin investment and the reason why long term investment is prioritise over short term is because of the volatile nature of bitcoin,no investors can speculate or predict correctly the exact price of bitcoin for that reason short term investment is more riskier when compared with longer term investment, however we can't say for sure that the fact that we are holding bitcoin for a long term that our investment in bitcoin is going to be successful,so long term investment is not a guarantee that our investment is going to be successful.

Doesnt matter on where you do land your feet on, as long we are talking about investment then you do need up to have that to take up the risks for you to be able to have potentially to earn profits but never ever trying out to neglect the possibilities that you might be losing up in terms of the money that you had invested but since we are talking about Bitcoin then its hard to believe that we wont be having that kind of gain after how many years that we've been holding. It all matters about on how you do accumulate and on how wise you are on trying out to maximize profitability. Always be putting up into your mind that success isnt guaranteed and the money that you had put up into crypto is something that you can only afford to lose and as much as possible you do need up to diversify too.

For those DCA decisions then it will be that up to you on adding up your bag whenever the market dips or crashes. Somehow it will be that too hard for you to made out such step just because of potential reasons on which neither you've been afraid that the price might plummet even more, or you are trying out to chase up the bottom to have that profit maximization.

You will not think about those risk if you are for long term and do DCA since using this strategy eliminate the risk of your investment compare if you do trading. That's why people must choose the better side since you will never think about losing or getting stress on any short term issues since our aim is for long term. Success maybe not guaranteed since future is uncertain but with the current developments happening and strong adoption gain by Bitcoin we can say that future still great with this coin. Also so far Bitcoin never fail its long term holder and I believe that it continues to grow up since we didn't reach at level on where it is been globally adopted.

I think we don't need to wait for dips to accumulate and better buy whenever you have available funds to spend. I understand why they get afraid to accumulate but if they let that feeling dominate and they always doubt to start then there's provably there's nothing gonna happen especially that they didn't start anything yet.