You have to remember that nothing is permanent in the investment market. You are overjoyed to see the rise in the price of Bitcoin today, it may not last long. We should be aware that the price of Bitcoin may decrease due to global instability and any other reasons. However, we should keep our expectations alive and continue to accumulate Bitcoin for the long term with our own financial solvency. By accumulation Bitcoin regularly from a portion of our discretionary income and sometimes by doing aggressive front load. You should formulate an investment plan keeping in mind that the Bitcoin market will be volatile. The DCA method is the best method for Bitcoin in the event of a fall or rise in the price.
You should formulate an investment plan keeping in mind that the Bitcoin market will be volatile. The DCA method is the best method for Bitcoin in the event of a fall or rise in the price. While we are committed to continuing our journey through the next cycle of Bitcoin, we cannot say for sure that Bitcoin will definitely high profit to us, but the amount of Bitcoin stash through discretionary income can put you in a great financial and safe zone in the face of a inflationary environment.
The volatility of the Bitcoin market is natural. Even an investor would be happy to see his portfolio grow. I don't think there is anything wrong with being happy to see the price of Bitcoin increase. When the price of Bitcoin increases, we are happy to see our portfolio grow, and when the price decreases, we should be happy to have the opportunity to buy more Bitcoin at a lower price. Although you should not focus on price in a continuous investment, it is better to be happy to have the opportunity to buy at a lower price when the market falls than to panic and sell.
Another reason to be happy to see new ATHs in the market is to see Bitcoin pumping and get more proof that the price of Bitcoin is bullish in the long run. These ATHs or Bitcoin increases keep Bitcoin holders awake and create more hope and interest in Bitcoin investment. You may not be happy if the price of Bitcoin stays the same. So Bitcoin needs both price increases and price decreases. I don't think stablecoins are worth investing in. I still enjoy watching Bitcoin's price increase and I will enjoy the price decrease as well.
If you do not have investment in Bitcoin, there is no point in being happy when the price increases and sad when the price decreases. Remember that if Bitcoin reaches 200k in the next few days, many people will make a lot of profit, but it will be nothing for you. Again, if the Bitcoin price dips, if you cannot use that opportunity to buy from that dip will also not bring any benefit to you. Moreover, there is no reason to be happy for those who have Bitcoin in their portfolio and plan to hold it for the long term. If you are happy now, you will be upset if the price decreases again. So, instead of focusing on such price increases or decreases, it is better to focus only on accumulating your Bitcoin. If you buy Bitcoin regularly, you should focus on increasing your portfolio as much as possible. Focus on how to increase the amount of your Bitcoin without wasting time on the price.