Post
Topic
Board Trading Discussion
Re: The right time to invest
by
dunfida
on 24/07/2022, 19:37:25 UTC
As a newbie one finds it difficult to know the right time to invest. I really want to know if I can actually invest into Bitcoin at this moment.
Don't wait to invest any specific price point. no one know the actual price movement .best strategy to invest is doing DCA(dollar cost averaging). and always keep 20% dollar free.
THe right time to invest was 10 years ago - the other right time is now.
One should be  practical and should give it a proper try - do the research and make the real difference.

How can you be so confident that the right time is now?
Rather you should give more details about your statement.
For me it’s never the best or right time to invest, atleast for Bitcoins I can say this.
I have earlier known and seen the capabilities of Bitcoins, and I too have the knowledge that the supply of Bitcoins are limited.
So when the demand of the coin will increase, due to the limited supply the price will also increase.
So in case of Bitcoins, whenever possible buy as much as you can. In the next half year you will definitely see a profit.
Every word given or suggested on this market or any place in related with crypto would be always speculative and would really be just basing on what they have saw in the past and since we do know about
potential then it would really be just normal that they would be saying those things whenever they do see a declining market and presuming that it is already the bottom but we know that there's
no way for someone could able to determine about the lowest price but on general sense and idea then i cant really blame out people on giving positivity whenever the market is really on the low level
which we do presume that it might already be the bottom.