Quote from: ndutndut on Today at 05:48:35 PM

Quote from: ejikeme24 on Today at 02:00:12 PM

Quote from: Grace333 on Today at 03:05:23 AM

True, prediction really belongs more to traders than investors. As an investor, the main focus should just be on steady accumulation and patience. Bitcoin is too volatile for anyone to predict its exact moves, and most times people who keep trying end up either panicking or selling too early….

Some people feel that the market can easily be manipulated, I'm saying this base on experienced. I have seen a newly investor who was trying to Force the market to work according to his Wish, and guess what happened. The market kept declining to an extent where he start panicking and all of a sudden he sold everything without minding if he's in profit on not,some people are just venturing into bitcoin investment without the Basic tools, and once you go into bitcoin investment without gathering some informations about how it works you will just be fucking around doing unnecessary things like market monitoring wasting time and later end up achieving nothing.

That's the advantage of investing with long term goals in mind. We don't panic when the market is volatile or manipulated because our goal is clearly long term, not short term.

Instead of wasting time monitoring the market every day, we're busy earning extra income so we can continue to buy bitcoin with DCA every period. However to maintain the steadfastness necessary for long term investing, we must have a thorough understanding of bitcoin, both in terms of price history and the impact of bitcoin cycles as this can serve as a guide in achieving our investment goals.

By taking a long-term view, the investor is not distracted by short-term market fluctuations and can move forward patiently without panicking. If you are a long-term investor, it is better not to pay attention to the daily fluctuations of the market, because this will cause you to fall into an unnecessarily panicked or confused mindset that can force you to make wrong decisions. Market volatility is only short-term, the price of Bitcoin will continue to increase over time, so focus on increasing your income and try to accumulate as much Bitcoin as possible and hold it for the long term, this can bring very good things in the future.