Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
moneystery
on 31/10/2023, 07:53:45 UTC
...

It is true that by following your wise advice, if someone invests any amount in Bitcoin that he/she can afford, even as low as $10 on regular basis, can potentially have positive impact on financial future transform the financial future, if done consistently overtime. By waiting Bitcoin to reach a significant value such as, 0.5 to 1 Million dollars, which is attainable in the next decade due to scarcity resulting from halving events, and increasing demand from major financial institutions. These factors are likely to act as catalysts for growth of Bitcoin market in the coming years.

someone who wants to invest in bitcoin but has limited capital can try the DCA method where they can invest consistently and don't need to think about trading strategies or other complicated things. with as little as 2-3 dollars a week or 10 dollars a month, which is quite small money, it can be a very large investment if consistently over the next years. and i have applied this method for the past few months and i think it is quite worth it because i only need to reduce my allowance and allocate it to bitcoin investments consistently and plan to hold it for the next few years.