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?
What is your strategy to buy bitcoin?
You buy it when you have reserve cash that you won't miss for a long time. Don't buy on leverage. Don't buy with credit cards. Don't buy with loans. Buy when you have the funds. DCA is always the best way. You can gain more exposure to the market, while not crippling yourself financially. As for when to sell alts, nobody really knows that. Everybody is guessing and playing the long game until the long game is gone. I try to find trades that can potentially get me more Bitcoin, and as long as we are in a bull market, those opportunities will certainly exist.
Lol buying bitcoin from Loans or Credit card is same as taking your heads off, meaning suicide .
the volatility of Bitcoin is always the factor that we must only invest the amount in which we really can afford to lose.
if not then never invest or gamble your money because in the end you will always be the loser.