Quote from: AakZaki on May 16, 2023, 09:38:55 PM

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should look for some other income in bitcoin by trading or investing from signature campaign payments. Or take part in several contests that give bitcoin prizes.

You should not make the mistake - especially as a newcomer - and see trading as a source of income. I know it sounds so simple: "Sell when the price is high and then buy again when it drops". In reality, however, even professional traders only achieve just over 50% profitable trades.

As a novice, it is certainly better to use strategies like DCA and gradually build up your position via regular investments:

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Dollar-cost averaging involves investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price. By using dollar-cost averaging, investors may lower their average cost per share and reduce the impact of volatility on the their portfolios.

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