The history can scare people out of investing into bitcoin, yet it seems that historically, the answer of investing as much as you are able to and attempting to front load your investment have tended to pay off... yet we surely tend to need at least a whole cycle to begin to have some confidence, and also there is likely some value to ongoingly buying rather than just buying once... and so it can be difficult for guys who buy a lot and then the BTC price goes down from the point of their purchase, which I tend to suggest to just keep buying... and so sometimes it can take a whole cycle or longer to really begin to be profitable and then to feel like you have more options, so focusing on levels of profits in less than 4 year timelines seems problematic, and keeping on building and holding bitcoin seems to be a good strategy for over more than one cycle rather than limiting the timeline to one cycle.
I have this daught about Bitcoin investment since 2020 but i didn't give it tryer cause I'm scared because i thought i will loose money and all the rest, but this year there is this my friend I met and he tutored me about how Bitcoin investment works, he taught me that Bitcoin is not investment you start reaping immediately,that's its a long time investment and you must have patience and monitor the market, after his briefing I just started and I must tell us that ist indeed a nice investment,
all you need is patience and you must monitor the market and know that trend.Don't get yourself confused boy, their is no need monitoring the market as a bitcoin investor, because by doing so your emotions might get the better of you and you might be tempted to sell due to it volatility.
Monitoring the market are for traders not investors like us, so stop putting yourself under unnecessary tension by monitoring the market, just buy with your discretionary funds and hold for the future, I assure you that you will be fine if you do so.
Why most Bitcoin investor sell in panic is due to this factors;
* Staying glue to the charts or monitoring the market when they haven't gotten that maturity to have faith in bitcoin no matter how dip it falls.
* Not having the intention of holding for long term, so when their a strong dip in the market, they panic because they feels like it's going to take too long for the price of bitcoin to recover.
So if you want to be successful in your Bitcoin investment, just buy and hold for the future, and stop putting yourself under unnecessary tension by monitoring the market.