At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?
For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?
Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?
I don’t have a percentage that I feel is right to buy cryptocurrency, I just buy cryptocurrency anytime I feel that the market is in a good condition for me to buy it. I watch the market everyday and how it moves, and I’m also getting my updates through different sources.
So, there are so many things that are involved when I am making such a decision on whether I should be buying cryptocurrency or not. This way, based on different factors, if I should that the time is right to buy, then I would buy. Sometimes the market doesn’t have to go down for me to even buy bitcoin with years long plans.