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As more people begin to acknowledge Bitcoin for its worth, the most logical thing to do would be to adopt a long term perspective when approaching Bitcoin, rather than considering it to be a trade. When people starts making this shift in mindset, it kinda encourages investors to focus more on Bitcoin as a store of value as well as its potential for long term growth.
It's indeed very crucial to set specific, whether it's short, medium or long term, as this helps investors to effectively navigate their involvement in Bitcoin. Although, just as you've rightly noted, some plans can actually devolve into trading sometimes, which of course isn't attribute that aligns pretty well with the concept of Bitcoin investment. Thus, it's of utmost importance to balance short term profit goals with the understanding of Bitcoin's potential as a long term store of value.
Above all, it's crucial for investors to always define their goals as well as their risk tolerance, as this is key to developing a solid strategy that aligns pretty well with their financial goals and objectives. And by doing so, it becomes very much easier to navigate the complexities of Bitcoin investment without much wahala, as well as to help them make more informed decisions concerning their involvement with Bitcoin.
Basically, one of the possible reasons why some people has been into bitcoin Trading for some times is Misinformation. Most traders have recently started seeing more reasons to hold than trade. So if anyone who is coming into bitcoin still thinks of bitcoin trading, then he must have been introduced into the system by a Trader. There are various indicators ranging from wide acceptance to change of perception among the investors.
Setting up goals is very important when it comes to bitcoin accumulation because this gives you a calculation basis where you can generate your DCA period and DCA allocation.
...as well as their risk tolerance, as this is key to developing a solid strategy that aligns pretty well ...
The risk tolerance here does not deserve the emphasis it has in this context if we all believe in maximum possible bitcoin accumulation or holding.