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.
People who think of the profit from the beginning of bitcoin invest can't hold their bitcoin for a long term, and they are the ones that easily sell whenever they see the price is dropping because they will feel like they won't make the profit at the time they want. Bitcoin is a long term investment, and you have to put it in your mind when you want to invest that you are going to hold for a long term. It is not a bad thing to think about profit, but it will not allow you to hold for a long time because you will constantly be thinking about profit, which will prevent you from holding for a long period of time while people are enjoying their investments.