Quote from: D ltr on August 08, 2022, 02:10:47 PM

Quote from: feeling sound on August 03, 2022, 05:19:32 PM

Hi all,

How do you (personally) decide when Bitcoins are a buy?

when I decided to buy bitcoin where when my finances were ready, like now I think it's the right time to pay for buying bitcoin in a month I set aside funds to buy bitcoin even though it's only 20$ but I'm sure when the market improves I can benefit from my investment

Yes of course, because you can't possibly buy a bitcoin without a money with you but first you gotta have them in your hands. Better if we buy btc once we still have a money and we shouldn't say that we will only invest later because we can use the money in other things which aren't that beneficial for you in the long run. Anyway, what you are doing there is called dca.

It's when someone allocates some money per month without really minding if what is the price of bitcoin is, because their only aim is to stack more bitcoin and then sell them one bitcoin reach a really high price like 100k or more. You shouldn't under estimate 20 usd but that's already a good amount and there are even some that invest lower than that.