It is easy to apply patience when you have a good understanding of Bitcoin, but when you don't understand Bitcoin, there will be lots of thoughts, and you can't make a better decision, which will result in a better outcome. Most people who find it difficult to be patient in hodling Bitcoin do so because they never understand where they are heading. The first thing in the mind while investing in Bitcoin is to make some profits within a specific time; when it is not achieved in that desired time, it is difficult to be patient and keep hodling.
It is impossible to be patient with what you don't understand, but when there is a solid understanding of Bitcoin, you wait to achieve good results in your Bitcoin hodling.
What you just said is the fact, those who have dip knowledge of what Bitcoin investment is all about always apply all it concepts and remain steadfast to what they'll holding but the others would always give excuse to why it can't be possible to hodl Bitcoin for long they see reason to justify taking profits when it's not due which makes no sense. Holding Bitcoin is not as tough as it sounds, maybe it's because of the long-term features that's why some people think it's tough, but it's for their own benefits cause that's the only way they can add better value to the money they're investing on it.
That is why if you can invest according to the Bitcoin DCA method, then it is definitely possible to achieve quick success and the risk is much less, just move forward with courage. Bitcoin investment is so important that if you want to become more financially mature, you have to relate to Bitcoin investment. It is easier to follow the DCA method rather than investing in Bitcoin for a short time.
Some of your arguments seem random to me, first you advised investors to invest in the DCA investment method, which is a good thing, but then you mentioned that the DCA investment method will help an investor achieve success quickly. Where DCA investment means holding Bitcoin continuously for a long time, you said how it is possible to achieve success in a short time.
Then you made another point that to become financially mature, you must invest in Bitcoin, which means you are telling investors that if they invest in Bitcoin, they will definitely benefit. We know that in long-term investment, an investor has the possibility of making a good profit, so you cannot tell investors this for sure. You can only advise investors because investors have to take the risk of money, now the way you are saying it for sure, if an investor loses money instead of making a profit after investing, then they can blame you for this loss because you mentioned in your post that only by investing can one become financially mature.
It is more important to build an emergency fund to protect yourself,
An emergency fund helps an investor invest regularly. Those who have good financial support and want their investments to be irregular usually create multiple emergency funds at once and use the money from the emergency fund to buy Bitcoin as needed, and when they have extra money, they replenish the emergency fund with money.
but both new and old investors can definitely make themselves more mature by following the DCA method.
Just a few strategies play a sufficient role in creating a more sweet relationship with Bitcoin investment.
First you said that if an investor invests in Bitcoin, he will be financially mature, but the second time you mentioned that if an investor invests according to the DCA method, he will be mature. How will he be mature here, financially or in terms of a good understanding of investing?
