Quote from: Silikiem on Today at 03:18:01 PM

Quote from: adultcrypto on Today at 01:36:47 AM

Quote from: Dunamisx on September 03, 2025, 08:25:40 PM

Over time now, I've got to learn on so many things regarding investment, we should not be influenced by our decision base on what others are doing , instead we should sit more tight to discover on how we could also adopt a strategy that may best fit in for our investment and then work on it until we made it a reality, many have been so entangled by what others are doing and they don't seem to understand what is ahead of them or expected of them to do at some point while investing.

Even though I understand the aspect of personalizing the investment process, I still think that learning what others are doing to see if it is ideal for you will save you a lot of time and stress of finding out through experience, because the people using those methods would freely share their experience thereby making this easier for you. Take for instance, majority of us are talking about and using the DCA method, you will do better to check if you can use same instead of going ahead to try to invent your own strategy. This is my understanding of how knowledge is supposed to be and even in the field of science, it follows similar pattern. You can add little improvements to it such as using hybrid system of DCA and buying the dip which means you did not completely jettison what is in existence but simply added little touch to it to make it more effective.

Bitcoin dynamics are complex as a result of its volatile nature, due to this volatility there’s no amount of learning can really make one a perfect investor. Even, most of the old investors still find it difficult to really understand everything right about bitcoin. Sometimes we learn more and also unlearn by doing it. The most important thing to be worried about In bitcoin investment is to be able to figure out a discretionary income to accumulate and invest with, also bearing in mind that bitcoin investment is not a get rich quick investment and at such you must have the long term focus and strategy in order to achieve some significant success in your investment, being able to figure out a discretionary income and consistently accumulating bitcoin and being patient to hold for the long term goal is key. Just like the saying goes “the day you plant the seed is not the day you eat the fruit, be patient and keep watering.”

I totally agree with what you have said and I would further mention that there is a balance that has to be established between learning and creating your own way of doing things. Following plans such as DCA or selling the dip will save you time and provide you with a structure, however, simply imitating blindly without hearing how the plan works will only make you go in the opposite direction, particularly with something as unstable as Bitcoin. Its true advantage lies when you borrow tested strategies and find ways to make those suitable to your own financial needs, risk tolerance, and objectives. Stickiness, patience and discretionary income are a lot more important than attempting to follow the fashion of the moment. Ultimately, the discipline and long-term thinking are more relevant to investing than perfection.