Even though the investor has time, if his goal is achieved, then he has more time left. He can use that time for work. You have to wait for the long term. After buying Bitcoin, it is better not to sell it if the price increases a little. It is better not to sell Bitcoin thinking about your own profit. We should think about how to hold Bitcoin in the long term. How to invest and take Bitcoin forward. We should not sell it immediately, thinking that the price will fluctuate in the market.
If someone buys Bitcoin and then sells it when the price increases, then he can be compared to a trader, because if someone buys Bitcoin and then sells it when the price increases, then he cannot be an investor. If you invest in Bitcoin for the long term, then you should plan to hold for 2 cycles or 8-10 years. You should focus on accumulating Bitcoin and forget about selling. However, no one who invests in Bitcoin will hold Bitcoin forever, they will also sell at some point, but we have to hold for a long time to reduce risk and expect good profits. However, short-term planning should not be done, because if you plan for the short term, instead of profit, there may be losses. Therefore, if we want to invest in Bitcoin, we should always plan for the long term.
However, the price has come down a little from the highest ATH price, so investors should not panic here but should take advantage of the opportunity to buy at a low price.
Investors should avoid just waiting for Bitcoin to fall, on the other hand, if they come up with a short-term plan, they can definitely suffer, Bitcoin has a beautiful history where you can see that there were many types of investors in the past, some investors were those who did not invest in Bitcoin for the long term and left Bitcoin because the price of Bitcoin fluctuated at that time, on the other hand, many investors held Bitcoin for a long time, but when they saw their wealth increasing, they sold their Bitcoin out of greed, and there were also long-term investors who set their goal to hold it for a long time, so they put their greed behind, and succeeded in holding Bitcoin until the present time with full confidence, that is why they have become very profitable at the present time, but it was their right, in that case, it is better to see the small decline of Bitcoin as an opportunity for you to invest at the present time, but if you have a discretionary income, why are you behind? In this case, it is better to invest slowly using the DCA strategy. You can strengthen your investment.