Re: Buy Buy Buy or Sell Sell Sell?

This is the main reason why a bitcoin investor shouldn't invest beyond his discretionary but from his discretionary income so that, he can continue hodli and keep his bitcoin accumulation ongoing with persist and consistent for 4-10 years and above

To own Bitcoin, you need to be patient and invest consistently without rushing. Because it does not depend on the amount of money, but rather on its consistency and permanence. This method gives more success than trading.

Because buying and selling for a small profit is like gambling. And if a person does not trade after investing, he will be financially well. When Bitcoin reaches a price, after reaching it, it starts fluctuating in the price around it. Therefore, many people decide to sell it, considering it the highest price. After selling at the highest price and later seeing a new ATH, the selling price seems too small.

In this way, many investors fail even after thinking of depositing for a long period. Therefore, if you want to hold on to success tightly, you can never touch the portfolio. And in this way, a person can enjoy the compound interest of his investment.

Patience and then consistency is the backbone of being successful in your Bitcoin journey. The reason for this is that market moves in cycles, sometimes it goes very high and sometimes very low, but what pays off at the end is the discipline to keep stacking little by little without panicking......And then also it’s not always about the size of one's investments but the discipline to keep going and not quitting halfway, that’s where the real success comes...... That why I keep telling most new investors that "an investor who invest only 10% of his discretionary and does it consistently and then with a mindset of patience is far more better than an investor who invest 50% of his discretionary, but does so only when he feels like( no consistency)."

I would like to add another important point to this, which is to plan for a long term investment. Most of the time we see an investor start investing but after holding Bitcoin for a few days, he does not continue the investment consistently, as a result of which he sells his investment due to financial needs or any other reason, which does not fulfill the desired purpose of the investment. First of all, we will start investing in Bitcoin and will continue to do this investment consistently and in the middle of investing, we have to set a target that we will keep the investment for three years or four years or five years and during this time we will continuously invest in Bitcoin. Maybe initially, continuing the investment consistently will be difficult for new investors, but gradually this continuous investment will become a habit for him, as a result of which later it will be seen that he is able to keep his investment for a long time.