Quote from: bitzizzix on April 30, 2025, 01:38:22 PM

Quote from: michellee on April 30, 2025, 01:20:08 PM

Yes, buy and hold for long period is advisable for us. We don't have to worry if the price is drop because that will be our time to buy back for more. Those people may not get the low price if he sell immediately when the price is down so he only regret of what he did. Besides that, the price can jump after the price drop and that happen many times in the market. So if you can control your emotion not to panic and analyze more, you will see the chance to buy back at a low price. If you really want to invest in Bitcoin, you don't have to think about that because you buy and hold and not sell.

That's what happens if you don't really study the Bitcoin journey, most people, especially beginners, are only tempted by the profits without studying the Bitcoin journey because it's not just the basics and what they really need to know and learn is the Bitcoin journey so far. Because the Bitcoin journey trail will motivate them to treat Bitcoin for the long term without having to worry because they will know that declines will always occur but in the end the price will go back up, and will always take advantage of the decline that occurs to collect more Bitcoin because it is the best moment or discount to be able to buy it at a cheaper price and save it for the long term.

Emotions and panic will always be there for those who don't really study the Bitcoin journey trail because emotions and panic will always be there like the Bitcoin journey, declines will always be there and that's what makes them feel emotional and panic which has the potential to make the wrong decisions. And if they study and really understand the Bitcoin journey they will not feel emotional and panic because they already know and will be calm and know what to do, and know that in the end the price will go back up and continue like that so treating Bitcoin for the long term is the best way to create extraordinary profits in the future.

If they check on the Bitcoin history and learn many things, they will how the price fluctuating and see when they can hope to make a profit. That can clearly motivate them to start the Bitcoin investment without delay because they want to have Bitcoin investment and hold it for a long term. They know the challenge to become Bitcoin investor are not easy but they willing to spend their time to learn more. They don't want to be the same as the other new people who invested in Bitcoin and make a mistake but they will search for how they can avoid the mistake.

They can prevent the panic and control their emotion because they know that will not necessary. When they become Bitcoin investor, they will use DCA and buy continuously. They will also make a plan for their Bitcoin investment and will have a strong hand to hodl their Bitcoin. They have a target of time to keep buying Bitcoin and when they will sell their Bitcoin so they just focus with their investment and buying more Bitcoin.

Quote from: Sticky Bomb on Today at 04:40:25 AM

Quote from: michellee on April 30, 2025, 01:20:08 PM

Yes, buy and hold for long period is advisable for us. We don't have to worry if the price is drop because that will be our time to buy back for more. Those people may not get the low price if he sell immediately when the price is down so he only regret of what he did. Besides that, the price can jump after the price drop and that happen many times in the market. So if you can control your emotion not to panic and analyze more, you will see the chance to buy back at a low price. If you really want to invest in Bitcoin, you don't have to think about that because you buy and hold and not sell.

There is no gain in spending much time analyzing the market to buy back cheaper as a committed investor, it makes no sense to even sell at all in the first place. Even if you have had success timing the market earlier, it just validates the fact that the person is a trader and possibly he might get his analysis wrong one day and end up with fewer coins than intended. It is always more profitable not selling and just remaining consistent and dedicated to your ongoing accumulation journey and instead of timing the markets to get in and out in order to maximize profits, calmly allow the compounding effect of bitcoin price appreciation on your investment to give you the profits you desire, while you strive to remain consistent and dedicated to your periodic purchases.

You are right so investing in Bitcoin is just to buy and hodl. Using DCA can be done because they don't have to take a look at the price closely but buy with the same amount of fiat. Whether the market situation increase or decrease, it will not be a problem because their reason for buying Bitcoin is for the long term investment. Although that may not easy for new people who invested in Bitcoin, they must still do because Bitcoin is the best investment and they can hodl it for long term. Sometimes, those people feel hard if they see the price up and down so many times but they don't realize that is the nature of Bitcoin so they don't have to think much instead just focus on their Bitcoin investment.