I would love to know why Bitcoin wasnt the first investment rather than
$hitcoins other crypto?
There are a lot of us here who DCA along with "buy the dip". Which is essentially
buy after a correction down in the market. You dont have to try and catch the lowest
point but buying the dips helps to keep the DCA lower.
Bitcoin isn’t the only investment that can do well in years to come. At present Ethereum takes up the largest amount of my portfolio (26%) but I want to now start investing in Bitcoin for long term hold.
When I first started 10 weeks ago it was when Bitcoin was crashing and I didn’t know how far it was going to fall at the time. I could have started investing when Bitcoin was over $60,000 but looking at the history of bitcoin that is a very high price. Currently Bitcoin is around $42000 which is a much better entry price.
I will start investing soon and DCA plus buy extra during the dips.