As a newbie who has a little knowledge of cryptocurrency but much interest in purchasing bitcoin for a long time Hodl, since the purchasing capital is not included in my spendable budget and the price of bitcoin is not very high at the moment 16k, what should be my fear?
Pls, advise me.
I understand your feeling. So if it's the first time you join the market, please put in the market as little as possible. For example, an ice cream cone a day.
I believe if OP already has an interest in investing in Bitcoin and for the long term too, then there should naturally be nothing to fear. Why the little put-ins too? I understand DCAing to the market but if I had extra money for Bitcoins investment now, it would be all in cos I am doing this for the long term. Most believe the market will still drop, yes may be so but I don't think that will be a lot as compared to where the market is coming from and we might also miss out too buying at these prices because of hoping it will further drop. Every other thing is based on what you can no longer control, act of God, whether BTC will collapse or your Government will tear it down
