Quote from: Shadiq on Today at 10:49:13 AM

Quote from: Olatundespo on Today at 10:19:15 AM

"Profits are not guaranteed" in Bitcoin investment can actually be confusing for new investors. we should say that the value of the Bitcoin stack you get in portfolio as a result of accumulation in the long term DCA method may be higher than you think. Although we know that profits are not guaranteed, we also know that Bitcoin is a digital asset with huge potential. Long term accumulation plans can make you financially secure. I feel the need to say this because suppose you are accumulating Bitcoin through two or more cycles of continuous discretionary income, as a result of buying at different price points, the average value after 10 years will be decreased, even if its price does not increase as expected during that time, you will still get a high profit.

Although the price of Bitcoin will be sold at a skyrocketing price after 10 years and you may regret not accumulation aggressively now. You can recommended to new investors to accumulate for the long term and build a decent stack compared to the good returns it offers.

Bitcoin is a volatile and uncertain market where nothing is 100% certain. Although the possibility of your profit from long-term holding is high and that profit will definitely be more than your expectations, it is not guaranteed. The purpose of long-term investment is certainly to make a profit, but that should not be our main objective. Our main objective should be to accumulate Bitcoin and accumulate enough Bitcoin in the investment fund according to your goals.

Although it is not certain, I think that after 10 years, the future of Bitcoin is bright and I think that its price will skyrocket. Accordingly, you will definitely get more returns than you expect from your Bitcoin savings or investment fund. Suppose you are saving your money in Bitcoin (in the DCA strategy) and your goal is to deposit 1 or 2 Bitcoins in your portfolio. You should keep saving Bitcoin gradually to achieve that goal in the DCA strategy. When your goal is achieved, I hope that you will definitely own a lot of money. However, for this you must be patient and continuously learn about Bitcoin investing.

I disagree with one of your points, we can never determine the price of Bitcoin, we can't even say what level the price of Bitcoin will reach, we can't just wait for the right time and refuse to invest in Bitcoin because there is no such thing as the right time, because the price of Bitcoin always fluctuates and it has exceeded the highest price in history. Currently, waiting for Bitcoin to always fall is a bad habit that you will regret later, because in history when people knew about Bitcoin but they did not come forward to invest in it or they never imagined that the price of Bitcoin would increase like this and they are now regretting their mistake, so we can never be like them, it is better to adopt DCA strategy to invest in Bitcoin because it will free you from such challenges of when to enter the market and when to exit, the future of Bitcoin is bright, if you start investing in Bitcoin now and continue your investment for a long time using DCA strategy, then you will also be a beneficiary in the future.