Quote from: _act_ on Today at 10:26:34 AM

Quote from: SolomonF5 on May 22, 2023, 09:27:16 PM

Now? = Yes but only till XRP Lawsuit Peak is over
After XRP Lawsuit victory while skyrocketing in 2-6 Weeks = NO, dont buy Highs!
At the deepest point of the following depression when everybody thinks crypto dies..again... about oct-dec = YES
January 2024, halving year = NOW ore NEVER!

Again this is no financial advice, just my personal strategy

What does ripple has to do with this? Who cares about SEC lawsuit against ripple when there is nothing it has that can affect bitcoin.

My advice is that buying bitcoin now is good. Do not sell if the price is falling, just be happy that you will see double and double of the double of your money after many months.

Quote from: EarnOnVictor on May 22, 2023, 10:45:05 PM

This is why I advise the DCAing approach, and this should be done every 2-3 months for effectiveness.

What of buying every week?

This could be done according to how convenient is to the person as no one would in the end regret investing in Bitcoin. However, my conclusion was based on the reasons:

1. The 2-3 months price could significantly vary, it might be in support of the investor or against them depending if the price is high or low at the investing time. DCAing at that interval might not let them miss the cheaper price totally.

2. Some people are monthly earners and it might not be convenient for them to invest weekly and even monthly at times depending on their financial power and needs. But 2-3 months maximum shouldn't be difficult for them to be able to pump something into Bitcoin.