Quote from: fredericktaylor on Today at 04:11:48 PM

Quote from: Jostern on Today at 12:53:27 PM

Honestly speaking I’m not so impressed with your statement are you trying to say I should mostly buy when there is a dip, if I’m quoting you correctly that means someone should not always buy when the market isn’t on a dip, your statement is misleading and saying that is what is required from every trader is totally over exaggerating your statements of making an investment and accumulating, you seems to be sounding like a trader who is mostly interested in making profit and trading your Bitcoin instead of holding. Your statement is totally misleading. Most importantly it is important to buy and hodl not to be interested in buying and selling period and looking for profit to sell is a bad strategy of investing in Bitcoin.

What you said is right, but not all Bitcoin users will apply the same strategy. Some will buy deep at the opportunity or some will sell and some will hold Bitcoin for the long term. Buying deep is not just for profit, it is just a strategy at times. The main thing is to invest according to ones own goals and be consistent in ones decisions, so everyone's perspective may be different. Anyway, I would say that the right way to invest in Bitcoin is to invest in Bitcoin through DCA throughout the year the risk is much lower. For example, when the price of Bitcoin is very high I bought Bitcoin through the DCA method and when the price of Bitcoin is low I bought it through the DCA method by adding the high and low we will get a average result at the end of the year I will see that I have accumulated a lot of Bitcoin in my wallet without any additional risk, so patience is the key to success.

DCA is undoubtedly the best investment method, but not everyone has the same mental outlook and financial situation, so not everyone can take all kinds of risks or any long-term decisions. Not everyone has a long-term mindset, they have less patience, they panic at little and always expect short-term gains. But those who are real investors, they must think about buying continuously regardless of the market's rise. But at the end of the day, those who expected short-term gains were disappointed in the end, but real investors can achieve greater success than they expected.