Quote from: kryptqnick on Today at 06:02:27 PM

Quote from: ConnerDalfino on June 08, 2021, 06:55:11 AM

Don't buy now with your money and put it all into it to get rich.

Put a little each month, no matter the price. You would want that for your children and grandchildren.

DCA is the solution for not being able to get swindled when China bans bitcoins again.

No matter how long it takes, it will pay off. You won't lose your home or have to move back into your parents' house

When you put money gradually into Bitcoin, you should remember that the price can change drastically, making it invisible that you've put some money into BTC last time or compensating if you don't put it in. It might not pay off, that's the problem. It's always a risk, and investing each month is a pretty significant commitment and requires a lot of trust in BTC. Also, people are often putting some money into savings, intending to use some of this money within a year or two, and with Bitcoin it might turn out that the money isn't there when the person needs it because the bear market can last for years.

People should always mind off with the risk because majority of us do really forgot the risk of price volatility and the risk behind on investing even with Bitcoin.We should put up into our minds that there would be no guarantee in terms of future but somehow with the potential then there is some light or high chance but always pose up with the risk and be aware of it. Dont go all in or highly depending on it because you wouldnt know on what would happen next. Diversify while you can and not only limited with crypto but into other investment as well like stocks,real estates etc.