~~~
Those who want to hold Bitcoin for the long term never look at the price.
They always look at how quickly they can enrich their Bitcoin portfolio. Because they always think that the price of Bitcoin today may not be the same tomorrow. They never calculate daily profit/loss, weekly profit/loss or monthly profit/loss in this way. Their goal is long-term.
, that is those that wants to make quick profit that thinks they can be able to enrich there portfolio within a short time and then cash out or start taking profit from there investment.
There's no need to rush in enriching your Bitcoin portfolio if you're on a long term investment, you can do it gradually and watch it grow over the years. I quite agree with the summary of Proty, except for the word
"rush" in his post, rush can make you desperate to buy more than your capability.
There's no need to calculate the fluctuations of Bitcoin value on the short term, it's a distraction. DCA method is headed in one direction and that is continuously buying as long as you have a functional discretionary funds.
Investors who are in a rush to buy cannot sustain DCA strategy, when they rush and buy before their income or profit drops it can affect their budget for other needs. If they must sell prematurely to raise money for the important needs it means that they've deviated from the DCA method.