In investing in Bitcoin, all you need is patience. And it is a fact that people who patiently wait for them are the ones who achieve great success in investing in bitcoin. People who are always filled with worry of course will never achieve success in investing in Bitcoin. In their investment journey, those who use the lump sum purchase method are not wrong because if they buy large amounts in 2022, they will now have succeeded in reaping big profits and this is just a comparison. Rest assured those who bought in 2022 will not sell their BTC in the near future because I believe they are big investors who have seen great potential in Bitcoin in the future. For beginners or those who have been in Bitcoin for a long time, you all have to be confident in what you are doing. Just buy bitcoins and start holding them for the long term.
Success is not measured from the start of the investment you make, but it will come by itself without you realizing it at some point in the future. So start building your Portfolio with Bitcoin and deploy your money in several phases to maintain the opportunity to buy aggressively when the price drops. I'm also happy and the reason is because BTC has almost reached a new ATH. For this reason, a journey that requires a lot of patience will bear fruit in the future and it all belongs to those who are able to Holding it in the long term.
Topic: Buy the DIP, and HODL! - page 228. (Read 109010 times)
Taking profit from your Bitcoin investment is not something bad and worth debating since all purpose of investment is basically to get profit at the very end of investing. During this profit taking one should understand a simple terminology like this one, firstly who holds longer makes the best profits, then why collect profits too early if your goal as an investor is to make steady profits with your investment, taking some profits after separate cycles is not bad as per if the need for it occurs.
I can't agree with your statement because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
It is short term if you decide to sell. Bitcoin can be whatever you like, and if you sell too much too soon, you might have wished that you had treated your investment into bitcoin as long term instead of short term.
Let's take a longer term example. Let's say that someone came into bitcoin in 2014 and spent a couple of years accumulating bitcoin, so maybe he accumulated around 50 BTC at around $500 each. So his total investment is $25k. So when the BTC price shot up to $2,000, he could not resist, and he sold all of his BTC, and so he ended up selling them for $100k, and so he has around $75k in profits... that is pretty good, right? He is still not doing as good as the longer term investor who still has the 50 BTC, and maybe the longer term investor has more BTC and his average cost per BTC is more than $500 per BTC.. we can imagine a lot of scenarios, and bitcoin has tended to be a good investment to hold onto for the long term, even if you might get enough BTC and you might want to shave off some profits along the way, you can still consider your investment as something that you mostly hold onto rather than converting into dollars and then ending up with dollars or some other inferior investment or maybe consumption good that you would be better off to have more BTC at a later price, even if your cost per BTC might end up being much higher.
It is natural for Bitcoin prices to fluctuate more and more, so investing in the DCA method controls the average price of Bitcoin.
That is not true. With DCA you might end up spending way more on your bitcoin and even paying way more per coin, but with DCA you are likely able to accumulate way more BTC over a longer period of time than you would have been able to if you had tried to lump sum or even to try to strategize by waiting to buy. So DCA helps you to potentially invest into BTC more aggressively over a longer period of time, and even if it might cost you more, you still may end up with more options, especially if you might front load your investment or you might be able to allow for the passage of several cycles.
things we do in the short term contribute to the things we do in the long term
You should be more explicative when saying something like this. If you have a point, then prove it. Meanwhile, you are wrong, and this just isn't true in an absolute sense. Short-term investing involves investing for quick gains. This type of investment involves people who want short-term benefits. They are mostly seen researching and analyzing the market for short-term benefit; they wait for the perfect time that the price will go down before they can buy, and they also wait for the price to go up again so they can sell, and these patterns don't in any way contribute to long-term investment. Someone investing in the long term doesn't have to time the market; they don't have to do so much analysis rather than focus on a target of accumulation. I see short-term investors as those looking for daily bread, while long-term investors are those with goals , targets, and financial visions. They can quit any form of enjoyment and merriment and bag lots of bitcoin because they believe that in the future they will be financially free when inflation and purchasing power catch up with those stacking fiat.
Is a long-term investor wrong for seeing a short-term dip as an especially good buying opportunity?
If a long-term investor has $100k cash to invest from say, selling a boat, and we're where we are now, will that investor be better off DCA'ing 5k every month for 20 months, or is that person better off buying $100k over a shorter time period?
The person has discretion how to do it, and surely could divide it into 3 parts of DCA, lump sum and buying on dip, and of course, he might allocate more to the lump sum portion. Most people do not have lump sums available like that, but if they do, then they should at least consider the three categories, and they may well end up front loading their investment in times like this, but they still might want to hold some back for DCA and buying on dip, in the event that they do not have other cashflow in order to buy in case the BTC price turns against them after buying at these current prices.
In my opinion, short term trade in Bitcoin are just your excuse to explain to your next generation how you managed to waste all the opportunity that came your way with short term trade, in fact short term trade clearly explain how indiscipline you are to wait and reap a bountiful harvest. Those of us who plans to pass Bitcoin to our next generation are strictly holding because when that time comes we would be appreciated as those who used the opportunity with wisdom
That why those who are only focusing on the profit they would make in their short-term trade would eventually endup with regretting in a long run. Even if you want to use such to be making some extra funds always make sure you have actually stash some good quantity of bitcoin in your portfolio, so that you won't endup missing this golden opportunity in investing in bitcoin.
I remember when I was focusing on such method only thinking it would help me to build good financial status, the worse thing that I was using it in some shitcoins that seem promising at first but the end turn out to be waste of time. Then I decided to take a new turn lucky fore in finding some nice forum with such wonderful threads. So since then I was opportune to learn from such knowledgeable user like @JayJuanGee and the others about holding bitcoin. And lately those knowledge has been pretty much helpful to me and won't stop appreciating the impaction of this forum through the users.
Before I forget @makus your reply is nice and inspiring too, yeah we would try our best to hold and to pass Bitcoin to our next generation showing them the beauty of investing in bitcoin. And hopefully when that time come we would be indeed appreciated
I can't agree with your statement because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.
We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
Yeah it's true those who invest in short terms also get profits from Bitcoin, those who invested immediately after the ETF approval can withdraw their profits and call that a short term investment . But the fact still remains that those who invest for long term always do better than those using the short term Investment plan. When using short term investment in you are likely to miss lots of profit because your mind would be fixed at buying the dip and selling after a minor increase, which would be a loss it you compare with long term holding.
In my opinion, short term trade in Bitcoin are just your excuse to explain to your next generation how you managed to waste all the opportunity that came your way with short term trade, in fact short term trade clearly explain how indiscipline you are to wait and reap a bountiful harvest. Those of us who plans to pass Bitcoin to our next generation are strictly holding because when that time comes we would be appreciated as those who used the opportunity with wisdom.
Taking profit from your bitcoin investment is bad. It is the same thing as gambling because if you sell your bitcoin at a high price, you will need to wait for the bitcoin price to drop to a certain price before you can buy it back. But if the bitcoin price keeps going high, FOMO can make you lump sum on bitcoin so that you will not miss out or you end up losing hope of buying back because the bitcoin price is too high.
Our investment profits is expected to be taken back into the investment capital in other to make it grow more bigger, when we are taking the profits out of the investment, this means that we are going to run short whenever there's poor market performance that we loose from the investment capital, so we have to learn by growing our business through our investment capital and profits altogether, this will only prepare us ahead of the uncertainty times when things failed to occur the usual way for us to make profits, at least we will have something to cover up with from the previous earnings over the investment.
I see short-term investors as those looking for daily bread, while long-term investors are those with goals , targets, and financial visions. They can quit any form of enjoyment and merriment and bag lots of bitcoin because they believe that in the future they will be financially free when inflation and purchasing power catch up with those stacking fiat.
those who are finding their daily bread in their investment are traders (day traders) while investors focus mainly on the future. That why as an long-term investots you have to have good sources of income that help preventing you from depending on your investment, but to help you in building a good and smooth investment.
Taking profit from your bitcoin investment is bad. It is the same thing as gambling because if you sell your bitcoin at a high price, you will need to wait for the bitcoin price to drop to a certain price before you can buy it back. But if the bitcoin price keeps going high, FOMO can make you lump sum on bitcoin so that you will not miss out or you end up losing hope of buying back because the bitcoin price is too high.
exactly craping from your investment always is not actually smart, you can do such if you know that you have gotten far with your bitcoin accummulation like hitting a certain goals in your accummulation. But if you have still new you accumulating like you haven't gotten that much stash in your portfolio, it would reduce the chances of you making good profits, just as you guys said your profits making depends on the bitcoins you have stash in your portfolio.
As we can see the way the whole things are going now with the bitcoin market performance, this is to encourage us the more to hold if we have not yet done any and embrace the patient needed till we arrive at the 2024 halving and thereafter, if we really have the target of bullrun at mind, we can then go by this because this is one of the provided opportunity for an investment in bitcoin as we are more likely to have the highs more often than before and there's more possibility that we are going to experience a new all time high right before the halving begins, the recent market performance is the first impression on that, we can as well as consult more conviction from the past halving's in record.
Our patients should not be till the next halving that's not our goal here, we should be more concerned about getting more Bitcoin in our stash untill we are 4 years into Bitcoin then we can start thinking of taking profits, your patience sounds so short term like we need to take profits right after the halving.
Both bull and bear are part of the Bitcoin cycle and it doesn't need to take us off course from our plan as long term holders, I know that it's possible to be thinking in terms of taking profits to buy back when the price is lower but you never know if that would happen or if Bitcoin would just set a new record and never return to price like 35-40k range, selling Bitcoin at higher to price to buy back at lower price is risky and can be seen as gambling and one thing to have in mind is you can never be so smart.
My plan is to hold beyond this market cycle and if eventually another bear market comes, I will simply use it to gain more Bitcoin at lower prices. I understand others might have other plans are are free to use any approach the are fine with but my concern is to ensure I do not run out of Bitcoin.
Hold your bitcoin and keep on buying, no one is saying taking profits is bad, but is it the right time? And have you accumulated enough? .
Any investment is risky and an investor is responsible for his own profit and loss. But an investor must first be convinced of why Bitcoin is worth holding and why Bitcoin will be a source of great wealth in the long term. I totally agree with what you said. If you give up your bitcoins for a small profit, you will regret it at some point. Depending on the probability there is no option to hold Bitcoin at this time. Even when Bitcoin reaches $100k I can say that those who are doing DCA should continue. Bitcoin has gained 47% in the last 30 days. So if Bitcoin take another bullish segment will likely cause many investors to exceed that buying limit. So one should hold as much Bitcoin as possible with a long-term plan. It is best to continue investing with DCA. 
things we do in the short term contribute to the things we do in the long term
You should be more explicative when saying something like this. If you have a point, then prove it. Meanwhile, you are wrong, and this just isn't true in an absolute sense. Short-term investing involves investing for quick gains. This type of investment involves people who want short-term benefits. They are mostly seen researching and analyzing the market for short-term benefit; they wait for the perfect time that the price will go down before they can buy, and they also wait for the price to go up again so they can sell, and these patterns don't in any way contribute to long-term investment. Someone investing in the long term doesn't have to time the market; they don't have to do so much analysis rather than focus on a target of accumulation. I see short-term investors as those looking for daily bread, while long-term investors are those with goals , targets, and financial visions. They can quit any form of enjoyment and merriment and bag lots of bitcoin because they believe that in the future they will be financially free when inflation and purchasing power catch up with those stacking fiat.
Is a long-term investor wrong for seeing a short-term dip as an especially good buying opportunity?
If a long-term investor has $100k cash to invest from say, selling a boat, and we're where we are now, will that investor be better off DCA'ing 5k every month for 20 months, or is that person better off buying $100k over a shorter time period?
things we do in the short term contribute to the things we do in the long term
You should be more explicative when saying something like this. If you have a point, then prove it. Meanwhile, you are wrong, and this just isn't true in an absolute sense. Short-term investing involves investing for quick gains. This type of investment involves people who want short-term benefits. They are mostly seen researching and analyzing the market for short-term benefit; they wait for the perfect time that the price will go down before they can buy, and they also wait for the price to go up again so they can sell, and these patterns don't in any way contribute to long-term investment. Someone investing in the long term doesn't have to time the market; they don't have to do so much analysis rather than focus on a target of accumulation. I see short-term investors as those looking for daily bread, while long-term investors are those with goals , targets, and financial visions. They can quit any form of enjoyment and merriment and bag lots of bitcoin because they believe that in the future they will be financially free when inflation and purchasing power catch up with those stacking fiat.
Taking profit from your Bitcoin investment is not something bad and worth debating since all purpose of investment is basically to get profit at the very end of investing. During this profit taking one should understand a simple terminology like this one, firstly who holds longer makes the best profits, then why collect profits too early if your goal as an investor is to make steady profits with your investment, taking some profits after separate cycles is not bad as per if the need for it occurs.
I can't agree with your statement because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
I don't think what you are saying is necessary as it may contradict the concepts of this thread, short term investment is more more like trading which is aimed at maximizing profits within the shortest time frame and that is gambling with your investment, the topic of this thread is based on strategies of accumulating Bitcoin for long term purposes and not some trading short term investment, deviating from the main topic can be some worth contradictory, it is better to invest for a generational wealth than some Short term trading investment.
things we do in the short term contribute to the things we do in the long term
Apparently the topic of this thread says buy the dip and hodl, I haven't seen how our discussion here has been related to short term investment or trading unless you the one suggesting other wise. I don't mean to be rude but is best we stay on the track that is my point. Prioritizing long term investment has been the driving force behind the success of this thread.
Taking profit from your Bitcoin investment is not something bad and worth debating since all purpose of investment is basically to get profit at the very end of investing. During this profit taking one should understand a simple terminology like this one, firstly who holds longer makes the best profits, then why collect profits too early if your goal as an investor is to make steady profits with your investment, taking some profits after separate cycles is not bad as per if the need for it occurs.
I disagree with the idea that whoever holds bitcoin longer takes the highest profit; instead, whoever holds the most bitcoin takes the highest profit. Even a short term investor can make good profits if what he has in his portfolio is greater than the number of bitcoins a long-term investor has. I would rather say expecting a huge profit should depend on the amount of bitcoin you have been accumulating during your buying stage if someone has to seel. This is because even if you hold 100$ of bitcoin for 5 years, don't expect to see 30k$ dollars in profit. On the other hand, if you have been able to invest up to a whole bitcoin in two weeks, within 5 years, i am certain that you may see at least 100x of bitcoin reaching 100k of which your profit is about $50k plus. This is why I don't agree with the fact that people should sell if they have not bought enough bitcoin to expect a high profit. Some people are just propelled to sell because people are talking about selling. Don't forget that these people who have been preaching about selling may have bought almost 1 bitcoin or more in their portfolio and they still have the money to buy more, but you are still struggling to even accumulate up to 10k bitcoin yet you want to join the train to sell.
Taking profit from your Bitcoin investment is not something bad and worth debating since all purpose of investment is basically to get profit at the very end of investing. During this profit taking one should understand a simple terminology like this one, firstly who holds longer makes the best profits, then why collect profits too early if your goal as an investor is to make steady profits with your investment, taking some profits after separate cycles is not bad as per if the need for it occurs.
I can't agree with your statement because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
I don't think what you are saying is necessary as it may contradict the concepts of this thread, short term investment is more more like trading which is aimed at maximizing profits within the shortest time frame and that is gambling with your investment, the topic of this thread is based on strategies of accumulating Bitcoin for long term purposes and not some trading short term investment, deviating from the main topic can be some worth contradictory, it is better to invest for a generational wealth than some Short term trading investment.
things we do in the short term contribute to the things we do in the long term
Taking profit from your Bitcoin investment is not something bad and worth debating since all purpose of investment is basically to get profit at the very end of investing. During this profit taking one should understand a simple terminology like this one, firstly who holds longer makes the best profits, then why collect profits too early if your goal as an investor is to make steady profits with your investment, taking some profits after separate cycles is not bad as per if the need for it occurs.
I can't agree with your statement because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
I don't think what you are saying is necessary as it may contradict the concepts of this thread, short term investment is more more like trading which is aimed at maximizing profits within the shortest time frame and that is gambling with your investment, the topic of this thread is based on strategies of accumulating Bitcoin for long term purposes and not some trading short term investment, deviating from the main topic can be some worth contradictory, it is better to invest for a generational wealth than some Short term trading investment.
People who bought bitcoin last bull run when bitcoin was $60k will be happy to see the bitcoin price back to $60k;
so let me get this right, are you suggesting it's best to buy during a bullish period as this only to wait for another bullish period when the price would have torshed this current $60k point? I know for those that have the ability to doing a ten to twenty year holding, it might be reasonable and okay for them but I feel it's best to buy during the bearish period so you don't necessarily have to wait forever before your holding yields a good profit.
We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
I find this analysis too theoritical and might not be realistic for an average person to put into application.So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
Buying a whole Bitcoin at a time at the rate of $25k doesn't look like something an average person can do, how much do you earn that will give you that kind of savings? The reason why people prefer to continue buying using the DCA method is basically because it's almost impossible for most average investor to start thier accumulation journey with something close to 1BTC and so they set out an amount of Satoshi that they can comfortably work with and continue accumilating.
For someone that earns the range of $100 a week, he can decide to invest 30% of his earning if he can sustain himself with the remaining 70% and if he continues with this trend, it will take him around 834 weeks which is approximately 16 years to accumulate up to 1BTC at the rate of $25k. Those that are already financially strong and could afford to invest as high as $500 a week could attain thier desired target within a shorter period of time but it's not always about who is able to accimilate up to a a whole Bitcoin or not, every one has thier financial strength and it's only best we all stick with ours although the lower the amount invested through a routine DCA method,the longer it will take before the investment yields the desired profit
but the good thing is that even after you started with as low as $30 a week, if your finance grows, you can increase the amount you will be putting into your holding at your own pace and convinience
Too late for Dca this bull run. Fat finger green button
It is never too late for the DCA strategy. Some people started accumulating bitcoin this year with the DCA strategy and with the plan of holding it for like 4–5 years. Since they are in on bitcoin for the long term, the DCA strategy remains the best option to use in accumulating bitcoin because it will help them accumulate bitcoin even when the bitcoin price is increasing or decreasing and also control the volatility of bitcoin. It is only when you are in on bitcoin for the short term that it is too late to use the DCA strategy.This is the wrong view of people regarding on situation since maybe they are looking at it on short time and think about its late to accumulate now since what they thought bitcoin price is so expensive for them. But if they look at on other perspective where they aim for long term for sure they can figure out that there's wide opportunities for long term holders and anytime they can execute this DCA method and be successful in future. Maybe they are lacking with deeper research so I guess they should read back the old discussion since for sure there are lot of thing they can learn from it. Although for newbie maybe they are not comfortable since as expected they are afraid for the dump but if they think for investment for sure that bitcoin can give them more good result if they hodl.
Too late for Dca this bull run. Fat finger green button
It is never too late for the DCA strategy. Some people started accumulating bitcoin this year with the DCA strategy and with the plan of holding it for like 4–5 years. Since they are in on bitcoin for the long term, the DCA strategy remains the best option to use in accumulating bitcoin because it will help them accumulate bitcoin even when the bitcoin price is increasing or decreasing and also control the volatility of bitcoin. It is only when you are in on bitcoin for the short term that it is too late to use the DCA strategy. I can't agree with your statement
because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.
because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.
just as @FinePoine0 said that no investment, is just like trading. You can't actually compare that to long-term investment profit. What about in scenario, market did not go your way when you invested that bitcoin for short-term profits . Due to fact that your are in a urge of making quick profit you may endup selling your bitcoin in loss . And when you are exercising long-term investment, it would give more chances to stash more bitcoin In your portfolio. (Like time range of 5-10 years holding even more than) of accumulating. Holding for long-term Is more safer than short-term, though bitcoin may undergo some dip and all that, during it growth. But still bitcoin would keep on growing so as your portfolio as an long-term investor.
Taking profit from your Bitcoin investment is not something bad and worth debating since all purpose of investment is basically to get profit at the very end of investing. During this profit taking one should understand a simple terminology like this one, firstly who holds longer makes the best profits, then why collect profits too early if your goal as an investor is to make steady profits with your investment, taking some profits after separate cycles is not bad as per if the need for it occurs.
I can't agree with your statement because long-term investment in Bitcoin is not the only way to get profit. A lot of profit can be earned even by short term investment. Many times it is seen that many people invest in Bitcoin for a short period of time and earn a lot of profit. If you have a large amount of bitcoins you will be able to earn a lot of profit from bitcoins even with short term investments. Let me show you an example how to earn profit by investing large amount of Bitcoin in short term.We looked at the crypto currency market in September 2023 when the price of Bitcoin was around $25,000 and if you bought 1 Bitcoin it would be twice (2x) what it is today. This clearly shows that this is not a long-term investment but an example of a short-term investment. If you were to invest in the DCA method at the same price at the same time let's say you would have invested $100 per week or month. Then the amount of your invested bitcoins would be 6 x 100 dollars in 6 months i.e. 600 dollars.
So if you have more amount of money then invest more amount of bitcoins and you will be able to earn more profit even if it is a short term investment.
I want to say you are not following DCA method, greed is working inside you and you have not invested. Those who once started investing in the DCA method are depositing their assets in Bitcoins from zero amount. Investing in Bitcoin over a long period of time can accumulate wealth as it is a regular investment. Some invest weekly and some invest monthly (according to their income), long term investment will start their right journey. But you mentioned short term trading here, your idea is wrong because short term trading is more likely for you to lose. It is natural for Bitcoin prices to fluctuate more and more, so investing in the DCA method controls the average price of Bitcoin.
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