We have the bitcoin halving to look forward to! It is always sure to skyrocket Bitcoin's price. It's up to anyone who wants to sell. I'll be on my chair watching the market while others sell. All I know my Bitcoin is a great long term hold for my future!
Save bitcoin for the next 10 years by means of DCA accumulation I think it would be better.
Let's say you put in $25 for the next two years then increase it again to $50 and so on until you have the financial ability to put in even more, don't think about price movements then you go through the halving which will come in 2024 and you will Past the halving in 2028 I think you will have more Bitcoin in your portfolio.
While thinking about this method, I will try to continue without looking at other views.
Many people have increased their portfolio with the DCA strategy and I am one of them, although I put in a small amount in my DCA, but I really feel the benefits of what I am doing. It's a small amount that can be said to be money left over from the basic needs that I have to fulfill first from the amount of my income.
Maybe I wouldn't have experienced this if I didn't know this strategy, because I would have thought how to invest bitcoin with big money. But with relatively small money for investors like me, this strategy is very helpful when I invest in bitcoin.
I agree with you on the DCA strategy, as that it the strategy I intend using to accumulate more bitcoin to my bitcoin portfolio as a newbie. On Tuesday, I took a bold step to my buy first bitcoin, you can see it ....
I am very excited and I have prepared myself towards a very long bitcoin journey based on when I reach my bitcoin target. I have a job at hand, and I have assigned 10% of my monthly income for DCAing consistently till I reach my bitcoin target. I have thought deeply of how I can be able to make my bitcoin journey easy and successful during my accumulation period and the most possible way is through DCA.
This is the reason why I have come back to the thread to become active so that I can be on the same page with experts on how a newbies can grow his bitcoin portfolio using the right method. I love the DCA method of accumulating bitcoin because it will motivate you to always be ready to buy, no matter the price of bitcoin, because at the long wrong, you will still be able to make profit.