Now, some of you have mentioned, I already know about dollar cost averaging, it’s not a hard concept! Yet, buying coins consistently every month isn’t exactly easy or fun to do. Here’s why, and hopefully I come across as being genuine about this, because the decision to buy more Bitcoin and various alt assets isn’t exactly easy. By the time you buy more, you will face two scenarios. There’s the scenario in which you’re buying more, and the price is trending higher. There’s the other scenario where you’re buying more, and the price is trending lower. Both scenarios will give you a different feeling. When you buy when prices are going higher, you will feel like a sucker for paying a higher price when compared to your prior purchase, and when you’re buying when prices are going lower, you will feel like a sucker once the price keeps going lower. This sounds weird but hear me out for a second. Both scenarios give you some doubt. The only way around this feeling of doubt is to understand that in either scenario, you’re optimizing for poor decision making, by averaging your gains and losses with purchases over the course of a year. But… you won’t really feel that way in the heat of the moment. See, each purchase is spaced out, so emotionally you keep confronting the same A and B scenario. The scenario in which you can capitalize on cheap prices, and the scenario in which you’re no longer able to do so. In each month, you will have a psychological bias to not act, because either A) you don’t want to pay more for Bitcoin, or B) you will worry about Bitcoin dropping in price tomorrow after you buy more Bitcoin. So, to overcome this weird rationalization, you’re going to need an uncanny level of optimism. The optimism is hard to maintain after a drop, because the market is tanking, and your net worth is sinking, or if the market is rallying, you should be (rightfully) pessimistic of a drop. In each scenario, you must depend on the long-term view that it’s good to keep accumulating. The best investors have more optimism, because they know that if they wait it out, the outcome tends to be good regardless of when they buy. What matters more to savvy investors is that they’re simply buying on a consistent basis, so they can keep building their position. If you adopt this mentality, it’s better on your psychology, and you’re less prone to self-sabotage. If you want to learn more via video courses with my help, and the help of crypto millionaires, bitcoin foundation founders, and various other crypto pioneers who are at the forefront of news, information, and methodologies you’ve got to join the Bitcoin Crypto Mastermind program. We also provide live events, one-on-one consulting, and private communities where knowledgeable experts, and experienced traders interact with each other, share ideas, and keep a level of inclusion that can be found nowhere else. The program will remain open for a select period, so enroll as soon as possible.