Currently, many investors are pouring their money into Bitcoin completely, but on the one hand, they want to make a quick profit, and on the other hand, they want to avoid risk because they only consider the profitable side of Bitcoin. However, Bitcoin is risky, and when the price of Bitcoin fluctuates, they panic the most. As a result, they take the wrong steps and sell Bitcoin, and later when the price of Bitcoin increases again, they are disappointed because they sold Bitcoin.
Invest in Bitcoin for the long term through the DCA strategy because Bitcoin will increase in value more than we expect in the next two to three years, you can save for your family's basic needs and your own unnecessary expenses and continue investing slowly because you are investing in Bitcoin. You can benefit from investing in Bitcoin in the long term.
I don't think this is true. All investors who invest in Bitcoin are already familiar with price movements and the potential risks, making Bitcoin a lower-risk investment compared to other assets.
The panic-sell behavior of new investors is a mistake that can be a valuable lesson. I understand why someone might act this way, as almost all of us have experienced it.
Bitcoin is an asset for the future. Many new and experienced investors tend to invest in Bitcoin for the long term, regardless of their method. Some choose short-term investments for quick, yet profitable, gains.
Regardless of how we accumulate Bitcoin, it's best to first learn about its history to build confidence and trust, allowing us to hold onto it for longer periods of time and potentially earn greater returns.
There is truth in what both of you said. However, complete understanding comes only when we make decisions not based on emotions but on experience, information and economic reality. Yes, Bitcoin brings profit, but that does not mean that it is risk-free. Again, it is not right to completely avoid it just because there is risk. A conscious investor understands the risk and moves forward with time. Selling in panic, making wrong decisions, these things happen to many people. But behind these mistakes lies education. That is why experienced investors always learn from those mistakes and become stronger. Investing slowly in the DCA strategy is as effective for beginners as it is for experienced ones. Bitcoin is an important asset of the future, but seeing it as a means of profit is just as wrong as thinking of it as only risky. Those who hold either profit or risk are only seeing one side of investment and reality. In my opinion, those who invest only in the hope of profit without education, patience, planning and preparation become like gambling. Therefore, investing by considering every aspect, profit, risk, education, and strategy, is the right decision on the path to reality.