You're not far from the truth. Many folks cannot spot the difference from a bearish season and price fluctuation. If they were newbies in Bitcoin that would be a different case but most of them are people who have witness many cycles in Bitcoin. Yet whenever the price of Bitcoin goes down a little, you see them talking bout bearish in Bitcoin. Its so annoying honestly. I was actually telling someone in a differ t thread, that the last Bitcoin when down it came back and broke a new ATH. Dont be surprised the same thing can repeat again. We are actually bullish in Bitcoin.
Such a mentality should definitely be abandoned, those who truly believe in Bitcoin, avoid all kinds of falling situations and survive in the long term.
Short-term fluctuations are just an opportunity to buy at a slightly lower price, so there is no reason to be afraid of it, but it is important to make decisions with more patience and responsibility.
Volatility is never something to be afraid of or afraid of, these are natural movements, so it should always be ignored. Only in the long term can the true power of Bitcoin be understood.
A real investor never thinks before investing that they can dump the market after investing. Market volatility is present at every moment, so it is natural that the price will change. There are many investors who think they are too smart and they just wait for the price of Bitcoin to drop relatively much. While waiting like this, many investors do not invest in the end. Since we have a reliable digital currency for investment, I think there is no need to think so much before investing in Bitcoin, but when we have the amount of money we have, we can start investing in Bitcoin with that amount of money and maintain the continuity of investment gradually. To start investing in a new situation, we should come out of the shell that the price will fall and start investing in Bitcoin with bold steps.
Before investing in Bitcoin, one must give more importance to willpower, because if the investor has weak willpower, he will definitely be afraid to invest and he will definitely be worried if the market fluctuates. There are some investors who are ready to save Bitcoin for a long time by following the DCA method, and those who are afraid to invest in Bitcoin and have weak willpower, I have been hearing all these things for a long time. They said the same thing 10 years ago and they will say such things even 10 years from now. People who think about Bitcoin market fluctuations are basically weak hands, so to strengthen the weak hand, Bitcoin investment should definitely be done using the DCA method.
If a person invests in Bitcoin according to the DCA method, he will definitely be the most self-sufficient and will be able to hold it for a long time, so he will not have to worry about his Bitcoin investment and later he will definitely continue to get huge benefits in proportion to the savings made on the purchase price.