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 !
The price value of Bitcoin at the moment was below 80k$ it was in between 54-58k$ something, in which I think it is a good chance to buy then hold were it depends on you if it is long or short term holdings something like that. It is also good to know if you fully understand now what really bitcoin is all about.
Bitcoin is currently still at $54k and no sign of going up yet, I agree buying Bitcoin at the current price is a good decision. Because Bitcoin probably
won't drop below $50k, it means that if we decide to buy Bitcoin below $60k, it's cheap. Then I suggest holding Bitcoin for the long term rather
than holding short term, because if we study Bitcoin properly, we will find out the longer the holding of Bitcoin, the greater the profit generated.
But back to ourselves is more comfortable holding short term or long term, sometimes everyone has a different choice. So just do what we feel comfortable with, and don't make decisions based on other people's opinions.