If you invest in Bitcoin for a long time, the chances of profit will certainly increase a lot, but for this you should follow the DCA method to invest in Bitcoin. Then you will definitely be able to profit, if you invest in Bitcoin according to the DCA method, it is definitely possible to maintain your Bitcoin investment for a long time. So far, everyone who has successfully invested in Bitcoin for a long time is currently experiencing profit.
However, Bitcoin investment should be estimated at least up to two halving times (maybe 8 to 12 years or up to 15 years), it is best.
Of course, if you invest in Bitcoin for a long time, the chances of making profit in the future are very high, but we should always remember that investing in Bitcoin also involves risks, and we should not encourage anyone to invest in Bitcoin with the belief that future profit is guaranteed. Though we believe that its future will be very great, because if you observe those who have been investing in Bitcoin for a very long time now, at least in the last 5 to 10 years, it’s obvious that they are in good profit due to its current value.
The DCA method is the best strategy to invest in Bitcoin for a long time, because with this method you will accumulate as much as you can afford without affecting your other responsibilities. When people think about Bitcoin investment, I believe they should think about long-term holding, because from those investing for the past 5 years now, it’s proven that you can only be in huge profit while holding for a long time.
I want to add more detail. The history of Bitcoin knows not only those who had long-term gains but also huge losses. Like individuals that had purchased in high in 2013 or 2017 lost over 80% before the price rose again. The advantage of DCA is that it purchases in small increments over numerous cycles and thus does not buy too early or too late.
Your suggestion that you need to have at least two halvings has been substantiated by data. Every halving alters both supply and demand and generally drives bitcoin to greater prices, although it may take a year or longer to manifest. During the low or bad times, people that panic sell often fail to get the huge profits. In fact, those who made the highest returns were those individuals who purchased at a low point in the market rather than at a time when the news was very good in the headlines.
However, the dangers should not be forgotten. Bitcoin is unpredictable and its functionality can be altered by rules, the rate at which people use it, or even a big economic jump. A long-term investor is supposed to invest only what he or she can hold on to in the years without having to dispose the investments when under strain.
Accordingly I agree that DCA and patience of at least one or two half cycles is effective, although good risk management and realistic expectations are required. Bitcoin rewards those who stick to it and it also punishes overconfident people.