I will be more interested to know that bitcoin investment is not guaranteed with profit, that is why it’s more sensible to understand that while investing in bitcoin we should aim for investing in a long term sustainable investment, which can actually help us to buy and accumulate bitcoin and hodl bitcoin for a long term, which will help us stand more chance of getting more successful bitcoin investment, I would understand when someone says profit isn’t guaranteed while investing in bitcoin, but instead it’s more profitable to invest in bitcoin for a long term investment goals.
To invest in Bitcoin for the long term, you must take some steps, for this you must follow the DCA method because Bitcoin investment is best and easiest to hold for a long time only through the DCA method. And to maintain Bitcoin investment for a long time, it definitely requires emergency funds and discretionary income, because the more you can invest in Bitcoin using the DCA method, the more you will save on your purchase price.
If you think about profit at the beginning of Bitcoin investment, then you will not be able to maintain your Bitcoin investment for a long time, so if you achieve a small benefit in the middle of Bitcoin investment, you can leave Bitcoin investment for profit. However, you should know that if you hold Bitcoin investment for a long time and wait, you will definitely be able to profit.
When you invest for the long term, you cannot worry about short-term volatility, patience, planning and discipline are essential to make Bitcoin investment successful in the long term. Market fluctuations are only short-term, but if someone is too scared or greedy and decides to sell the investment in panic after making small profits, then he is definitely wrong, ignoring all these, you just have to stay consistent with your long-term goals, create a good source of income and then invest only from discretionary income, and keep an emergency fund, the decision to sell can never be taken under any circumstances, then the big opportunity in the future will be missed. So those who can hold for the long term, those who can achieve real Bitcoin success.