The above picture is correct, it is not as easy as we think, we think we will buy Bitcoin and hold it. But past history shows that holding Bitcoin has to face various problems, as shown in the picture above. But if we have a long-term mindset, then holding Bitcoin will be like a straight road. On the other hand, if we have a short-term plan, then it will seem like a winding road, which will not be possible for us to hold for a long time. So everyone can invest but not everyone can hold for a long time. So if we want to invest in Bitcoin, we have to make a long-term plan, which will bring success in the future.
Yes, you are right it is best to invest in Bitcoin with a long term view and invest according to the DCA method. And those who set their minds in the beginning that they will invest for the long term, they do not worry about whether the price increases or decreases. They just continue to invest regularly.But one thing is being observed now, that is, many people start with the intention of investing for the long term, but they face various problems, such as any financial problems or emergencies in the future. And to deal with that situation, many times they have to sell their Bitcoin.Therefore, fund management is very important before starting the investment. One should not start investing without creating a reserve fund and an emergency fund. When those funds are created, then one can safely continue investing according to the DCA method and will definitely achieve success.And the time required for this success should be at least 4 to 10 years.