Why crypto experts say buying and holding bitcoin easily beats trying to time the market

Crypto experts say a buy-and-hold strategy outperforms market timing because timing is unpredictable, emotional decisions and trading friction erode returns, and historical evidence shows "time in market" captures upside that short-term trading often misses. They advocate dollar-cost averaging as a practical way to mitigate volatility and avoid costly attempts to pick tops and bottoms. For Bitcoin, this strengthens the long-term accumulation/store-of-value narrative—encouraging persistent demand and longer holding periods that can support price appreciation and lower realized volatility over time.