Post
Topic
Board Altcoin Discussion
Re: The goodness of long-term investing in cryptocurrency
by
taufik123
on 13/12/2022, 23:21:06 UTC

  -  You are right mate, the real beauty of DCA is that you have extra money that you don't need, just use it to buy bitcoin, as if there is no difference in saving money little by little, the only difference is that with Bitcoin the chances are high n that the value has increased and can also decrease.

It can also be used in another cryptocurrency that you are sure has the potential to provide good income in the future such as Ethereum, Bnb, and others like it.

But keep in mind, the risk of high volatility will still occur. Doing financial management and risk management is highly recommended. For those who are still beginners, it is only recommended to buy bitcoins and for long-term investments.
For some of the altcoins, you say like ETH and BNB are the top altcoins that have the potential to improve, but it doesn't rule out that these altcoins will also crash when bitcoin crashes and will be bullish when given the opportunity to recover when the altcoin season arrives.
do everything with the right strategy and take everything into account.