Many people become improvised traders and lose a lot of money with Bitcoin .
Since only a tiny minority of people are able to make money by becoming a Bitcoin Trader, you should follow the best strategy to take full advantage of the Bitcoin revolution safely.
This strategy is the most effective but also the simplest:
Buy Bitcoin automatically with a Dollar-Cost Averaging ( DCA ) approach. Many applications exist for this.
Program the automatic sending of these Bitcoins to your hardware wallet using one of the applications you will buy.
HODL Bitcoin no matter what.
Iterate from step 1.
This simple strategy will allow you to become a Bitcoin HODLER. You’ll have an essential advantage over Bitcoin Traders: you’ll be able to lead a more Zen life, and more importantly, you’ll be able to focus on the essentials.
What I mean here is that you will have time to learn more about Bitcoin , money, and the economy.
It is by educating yourself that you can take care of your future when it comes to money. The economic crisis of 2020 has brought this essential reality to the forefront.
You may have doubts about this strategy that I have just unveiled to you.
HODLing Bitcoin has been a profitable strategy more than 97% of the time since the creation of Bitcoin .
So, signing up for the long term with Bitcoin is a no-brainer.
The hardest thing will be to stick to your strategy with Bitcoin no matter what happens in the future. HODLing Bitcoin has been difficult at times so far. However, this is nothing compared to what you can expect psychologically in the months and years to come.
As Bitcoin will see its price skyrocket to constantly break its records, you should keep in mind that if you were to sell your Bitcoins , you would regret it sooner or later in the future.
Be strong, and stay a Bitcoin HODLER no matter what.
The Bitcoin revolution will take time, but if you have patience, you will be greatly rewarded when its price reaches heights that many thought were unimaginable when it was created.