Post
Topic
Board Trading Discussion
Re: Need advice regarding buying
by
South Park
on 16/11/2021, 16:43:50 UTC
Hey guys,

Lately, I've been putting a lot of work to educate myself toward Bitcoin, going through ressources from hope.com / 10hoursofbitcoin.com / Essays / Well document articles...... im officially down the rabbit hole.

I have the feeling that i am starting to understand deeper what Bitcoin truly is, what it brings, how it changes everything, what hope it brings, and mostly, how HONNEST it BTC is.
I am more and more amazed by it, to the point that i've lost almost any interest toward any other crypto «currencies».

To put it in other word, i want to add more bitcoin to my portfolio but with current near ATH price, i am not sure how to proceed from here.
We all know buying at/near ATH is not the best move. On the other hand, people will suggest « DCA DCA - long term long term».


Yes I've been doing DCA with BTC. I've stopped doing so at 2 weeks ago, at 59k. Thought it was getting high to buy.


What are you guys currently doing ? Still buying at 65-68k ? Waiting a for a while ?

Thank you all, and have a great day !



Everything depends on what you want to become, if you are really interested in bitcoin not only as a way to produce some profits for yourself and you believe in the long term potential it has to change the world, then it is a good idea to buy whenever you have some money available like at the end of each month and do this constantly regardless of the price, now if the most important thing for you is to accumulate profits then I think this could be a good opportunity to buy bitcoin as it is trading currently at 60k which is near the point at which you stopped buying.