Quote from: teosanru on Today at 08:45:02 PM

Quote from: VRExpress on August 01, 2022, 02:20:13 PM

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.

This is true. Dollar cost averaging is undoubtedly the best way to hold bitcoins and accumulate a lot of them at cheap levels. People thinking that bitcoin might go to 10k may be right but will think bitcoin will go even down when it actually reaches 10k because these set of people won't actually buy all they will do is watch the market fall and expect it to fall even further and then regret in the next bull run.

The best time to go cryptocurrency especially Bitcoin is when the market used extremely poor and you enter the market with which amount of money after buying or purchasing cryptocurrency you can only hold for long periods.Waiting for it or increase in the market is so that you can have a sustainable profit your investment.