Post
Topic
Board Bitcoin Discussion
Re: Maybe I should wait before owning my bitcoin
by
isaac_clarke22
on 26/04/2023, 03:35:05 UTC
I agree with Zaguru12 and many others about the DCA as a reasonable option for investments. It's easy to do, a popular strategy, and you sort of win some and lose some because sometimes you invest at a good time and sometimes at a not-that-good time, but it's alright in the end. Of course, everyone should do what feels right to them, and it's totally reasonable to just watch the market for some time and then decide when to invest, how much to invest and which strategy to use (if any).
Let alone any articles out there. I usually just use articles like Forbes or Yahoo Finance as a guide or at least just an idea through data provided whether I would just sell or buy. There's likely a possibility that some even articles sites are paid to drive the decisions of the public, don't you think?
And yeah, DCA would kinda save you from the possible headaches when you do the opposite and impulsive buying.

You need a real person to talk toface to face and not so machine telling you when to buy or not based on people's vote. A reason for this is that you have an investment plan crafted for you .

Hey, take your time researching on Bitcoin. There are many ways to invest whether when the price is up or down. Read it up. Ask questions and make your decision on which to follow. If you ask me everyday is a good day to buy some. Bitcoins, it depends on who you ask.

Most of the time, you don't need to. Mentorship is a plus, but sometimes getting a network to teach you is a pain in the ass. If you can handle the research all by yourself since the resources are free anyway in the internet, do it most of the time.