Quote from: Tmoonz on Today at 04:29:01 PM

Quote from: Proty on Today at 02:24:43 PM

Quote from: ultrloa on Today at 12:07:40 PM

It always give me an impression that those people analyzing the market is trading Bitcoin. Since there's really no point for them to do that especially if their intention is to buy and hold Bitcoin for long term.

There's no need for us to be strategic since Bitcoin investment is easy. Maybe what they need to pay attention at first is on how they can execute DCA strategy so well so that they can apply this method on their many phase of accumulation. If they can work everything well without thinking about pumps and dumps then there's good chance that everything will be easy and they are stress free on their Bitcoin investment.

Bitcoin investment is not as easy as you think it maybe because some newbies may think that it is something they may get into and make quick profit within a short period of time . Bitcoin investment is not a risk free investment since it is not a risk free investment. Even if you are doing DCA it doesn't mean it is easy with a good plan you may end up doing it wrongly or even investing more than your discretion there by making it a problematic and stressful investment. If bitcoin investment is as easy as you think, i believe everybody would have invested in it.so holding bitcoin for a longer term is not as easy as you think, bitcoin investment require patience and high risk tolerance .

I completely agree that buying Bitcoin is much easier than to hold which of course that is where patience and others necessarily good Bitcoin investment approach should be considered and this includes planing or having a long term commitment in mind because Bitcoin is not a quick and get rich scheme, investment money has to be discretionary income .

No doubt about Bitcoin investment not being risk free and talking about the risk tolerance I will not say it requires high risk tolerance because every one is expected to understand their risk tolerance level and only invest as they can tolerate because you saying it requires high risk tolerance might pass a negative feedback to certain person mean while you are only expected to according to your own risk tolerance level without struggling.

I can definitely agree with you, every investment should be done according to their risk tolerance, people sometimes take risks beyond their capacity due to excessive excitement, but this is never reasonable. And especially in the case of Bitcoin, Bitcoin is a long-term process, so no work should be done here due to excessive excitement, emotion or greed, it is necessary to think realistically, and keep a long-term continuity mindset.

If you want to get effective results from Bitcoin, you must move forward with the right decisions, you must prepare the necessary things, because this is a long-term journey and if you are weak in any aspect of this journey, that matter can bring disaster for you. That is, you must prepare all the necessary things, including all the necessary funds and a strong source of income.

Of course, you have to do everything according to your ability and capacity, no decision can be made that can cause you loss, keep investing any amount according to your ability through regular DCA and keep holding consistently, Bitcoin will achieve a much bigger level than everyone expects at the right time.