Post
Topic
Board Beginners & Help
Merits 2 from 1 user
Re: What is the best way to invest in BITCOIN
by
juhobtc
on 23/03/2023, 12:35:07 UTC
⭐ Merited by fillippone (2)
In the crypto world bitcoin was first  I had and how you can invest $ and it will add value and I know about other coins but I feel safe when I hear about bitcoin I have seen so many trading on bitcoin and making good earnings in return . Do you have to buy the coins leave it in your wallet for a while for it to add value or do you need to trade it I really wants to understand the transaction and investment in bitcoin because to me I have tried to invest in it but I’m not seeing any added value to my coin bought .
    Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .
Definitely $100 will not be enough for you to get much benefit from such an investment. Try to make investing in bitcoin permanent, the main idea is not to buy $100 worth of bitcoin one day and wait for it to multiply significantly. The main thing is to make investing systematic, buy every week or every month for a certain amount.

Have you heard of the DСA strategy? If not, look here: https://corporatefinanceinstitute.com/resources/wealth-management/dollar-cost-averaging-dca/#:~:text=DCA%20is%20a%20strategy%20in,amount%20of%20capital %20is%20exhausted. I learned about it recently and I really like this strategy, I think that this is something that can significantly improve your results in investing in bitcoin.

We are in a bear market right now and to see results from our investments we need more patience to wait for the bull market to start. By then, your portfolio should be formed, because if you only have a few satoshis worth $100, then the profit will be small. If bitcoin rises to 100k, then your investment will turn into $400. This is a 4x increase, but as you can see, the amount will not be very impressive, so you need to strive to buy as much bitcoin as possible by then.

Try it, you will succeed!