Quote from: fuguebtc on October 10, 2022, 05:10:55 AM

Quote from: Vzae on October 07, 2022, 05:33:36 AM

Based on the analysis of the data that I obtained based on its movement from ATH, bitcoin is now decreasing slowly but surely. and at times like this, not the right time to invest all your money into bitcoin .. but now is the right time to accumulate bitcoin slowly until bitcoin starts to solidly show an upward movement.

There is no way of knowing where the bottom will be so never buy one time but divide it into several times. Should bitcoin fall further, we will buy more but never put all your money in bitcoin even if bitcoin shows signs of going up again. Investing in bitcoin is always risky, it is not 100% safe as we think, invest only what you can lose.

Bitcoin is being discounted 70% from its most recent ATH so there's no better time than now those who haven't bought bitcoin or still have fiat on hand in my opinion should buy now.

There is a difference between DCA and buying in instalments and I like doing the second. There are some people who buy, and then they end up buying a bit more later on when the price drops, in order to "dollar cost" drop of their investment, that way if they bought at 23k, and then they buy at 17k the average of their purchase becomes 20k.

Mine is not like that I get paid at 1st of each month, and I put a bit of it into bitcoin every single month, I did this back when bitcoin was under 10k a few years ago, I did this when it was 60k, and I do this now too. This isn't as bad as people think, and it has actually given me a good chunk of profit as well, I am very happy. So, buying now is included in this and it's amazing.