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I also think so. I do not support Bitcoin trading or holding for a short period of time. Without a long-term plan for Bitcoin, we cannot make real profits. Therefore, we should buy Bitcoin with the mindset of holding for a long time. It is better to adopt the DCA method. It is better to adopt the method that is best for us. It is better to buy according to our own wishes, buy when we want, but we have to stay on buying. Bitcoin has already reached an all-time high. We hope that something good will happen very soon. If we buy Bitcoin, it will not lose, we just have to wait for time. I think we can buy Bitcoin and sleep peacefully, and after two, four or ten years we will see that we will get a lot of profit.
It's not necessary to sleep soundly after buying Bitcoin for the long term, even if we store it in a safe place, especially if we buy a small amount. But for those who can afford to buy a large amount at once, perhaps they can take a nap to rest their minds, because the next day they'll have to think again about buying Bitcoin and storing it in their personal wallet. The more frequently and consistently we buy Bitcoin, the better it will be for us, as a larger holding of Bitcoin clearly has the potential to yield more tangible benefits. So, let's keep working on the path we've been on so we can more regularly set aside money to buy Bitcoin, regardless of the price. Our goal is long-term, so we don't need to focus so much on the price, even though Bitcoin has hit new highs several times this month.
If someone wants to buy Bitcoin with their saved money and keep it for 4-10 years by using a secure wallet and go to sleep, I will support it. due to which he will not be influenced by greed or any other rumors. Though there is no guarantee of profit in investing in Bitcoin. But Bitcoin's past behavior and future prospects provide reason for optimism. If someone use DCA strategy in buying Bitcoin by his discretionary income, it is easy for them to hold it for the long term and grow their portfolio. By applying this method, the holder can increase his holding without any risk. Regardless, there is certainly no better strategy than DCA in terms of holding Bitcoin.