Post
Topic
Board Trading Discussion
Re: The best time to buy bitcoin.
by
Mauser
on 11/02/2023, 18:53:35 UTC

But again, I don't want you all to be bearish on bitcoin or selling it. For most people, DCA is enough to survive this crypto winter, but if you want to invest a lot of money in bitcoin, then I think it's better to wait until the signal we talked about.
BTCBTCBTCBTC

I agree with you, DCA is a great tool for anybody looking for an easy way to add bitcoins to his portfolio without investing too much ging analysing the market. Using technical analysis for a more advanced strategy is good for anybody who has more time at hand and wants to outperform the market. When it comes to trading there is in my opinion a clear trade off between time spend to analyse the market and the return we make. Following one technical indicator is probably not enough to beat the market consistently. That's why I split my crypto portfolio in two parts, an small actively traded portfolio with around 15-20% of my coins and the rest is long term hodl portfolio. Each month I save some money to buy more bitcoins, for that I use the DCA method. Not much to worry about and my portfolio keeps growing consistently. In my actively traded portfolio I rely on technical analysis to give me trading signals.