So far, consistent accumulation and HODLing has so proven to be the best investment practice and a very solid strategy when it comes to Bitcoin. Yeah, its normal for some investors to panic whenever there are price drops or FUD, but those investors who really understands the market would know that the reason for this panic is often due to ignorance of how the Bitcoin market really works, but the more people learn about Bitcoin, the more theyll understand Bitcoin and hopefully realize that the short term fluctuations or trajectory of Bitcoin shouldnt influence or affect the judgment or emotions of a Bitcoin investor as this could potentially lead to impaired judgments and of course wrong investment decisions.
You can invest in Bitcoin in many ways like purchasing it sparsely without consistency or doing it regularly with Dollar Cost Averaging strategy. However, consistent accumulation is not mandatory and if you already bought bitcoin, to succeed you need to do another thing, holding it confidently and tightly a long time for getting profit.
If you can purchase bitcoin, hold it a long time, you will have a successful investment with Bitcoin.
Don't forget another big condition to succeed, store your bitcoin rightly.
So now how do store your bitcoin?
Use non custodial and open source wallets.
Make wallet backups.
Keep both your initial wallet and wallet backups safely.
You will be all good to store and hold your bitcoin a long time.
Security and privacy are important with Bitcoiners so you can need to read some helpful guides on this matter.
Security and Privacy Encylopedia.