A few days ago, there was or was a big fall in the Bitcoin market. At that time, many people told me many things and I have heard many people on this forum say that maybe the price of Bitcoin will not increase anymore. At that time, I had no words to say. But today I want to say that the market price of Bitcoin is above 96 thousand dollars. Bitcoin has proven itself again that I am the best of all. Those who said that the Bitcoin market will never recover, were proven wrong again. Those who panicked and sold their holdings during this fall are regretting it today. The risk is very high in the short term but the risk is much lower in the long term investment. If you look at this fall, you will understand why this is said. This fall will be a great example for new investors why it is necessary to invest for the long term.
If you invest in Bitcoin as suggested by other people then you will face various problems, so you try to know about Bitcoin by yourself, you see the history of Bitcoin. Don't panic about listening to other people. Those who think that the price of Bitcoin will not be recovered, have no idea about Bitcoin, they are still ignorant. Bitcoin has proven that it is able to recover even when prices fall. But in the case of altcoins, you can say that recovery is not possible if the price falls. However, if you have a long-term plan, you should not focus on the market, you should focus on depositing bitcoins. If you want to succeed by investing in Bitcoin, there is no substitute for long-term planning. So experienced people recommend depositing bitcoins in DCA method, investing in DCA method has less risk.
Yes, that is the fact: we don't need to listen to and follow some set of people's advice, especially those influencers on social media claiming to be good investors and always predicting Bitcoin trends. In the current state of the Bitcoin market, it's clear that many of these influencers are just trying to divert the attention of Bitcoin investors encouraging them not to invest in Bitcoin but to focus on altcoins they're being paid to advertise.
However, at this time, it's also good to listen to some people, especially those you believe are real Bitcoin investors—particularly here on the Bitcointalk forum. Listening to people here can really be a great help for newcomers. Following the advice of certain people, especially when it comes to investing in Bitcoin, can make a big difference. For example, in this thread, JayJuanGee has been a great help to us in terms of investing in Bitcoin. There are many strategies for investing in Bitcoin, but if you don't listen to the right people, you may miss out on the strategies that could make your Bitcoin investment easier.