Quote from: Fatunad on January 09, 2024, 08:40:23 PM

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Quote from: JamesBorn on April 10, 2023, 06:25:58 PM

I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you

The most important thing in the crypto is to safe yourself from loss.how you can Earn money in crypto that is the point where we all are searching this question.in my opinion we should invest all extra money in bitcoin but before investing we should check the correct time to invest how we can check the correct time its all about to yourself.we should learn the previous whole year bitcoin chart price after that we would know the investment time in crypto and we can safe ourselves from loss.

If I were the OP, I would only focus on making more money by buying my Bitcoin through a wallet and also through futures trading. There are times when people should worry about losing their investments when they buy Bitcoin, but this time is certainly not one of them. Bitcoin is such that is good enough for anyone to own and get to make easy and flawless success during the bullish time. The good news is that this is the bullish time, there is no need for worries.

And fine, learning about trading speculation is a very good one, but this often misleads some people, they are just weak in it. Many believe they are good analyst but in practice, their analytical skills are poor, which is why following sentiment at times is good, and the reason why I urge people right now not to miss this general cake but to buy Bitcoin and HODL it.

Not only that, if there is spare money after the initial investment, nothing stops you to keep on buying it just like you are putting money in your savings account. You would be surprised what this approach will yield in the next 1.5 years or so. Conclusively, it's not about what you fear, know or the past experience about Bitcoin, it's all about the sentiment going on now (the Bull and FOMO). It's either you continue to buy and laugh later or you miss out and be sad. Good luck!

Futures trading? I dont think so and this is something that cant really be that recommended specially if you dont have that proper or enough trading experience yet you would really be just basically be
busting up all of those coins that you do have or investment on the time that you would really be messing up or did make a bad decision specially on higher leverage trades. So i do tell that i would really be opting
out this kind of option.

Next time before you reply to a post, maybe you should read it insightfully, it might save us all from unnecessary replies. I have helped you bolden the personalised first words, maybe you can now see the light to what I said. I never told the OP to do as I did, but just told of what I would do if I was in his shoes. This is based on my experience in futures trading, and if the OP is experienced enough, why not?

But it has to be absolutely decided by the OP at first to know what is good for him and what is not good for him, no one is compulsory anything on anyone. Besides, stop entertaining weaknesses, there is nothing wrong in learning what you do not know, entertaining too much fear will not let most people achieve their maximum potential since they could have outrightly condemned their ability even before giving it all their best to try. Those who are earning in futures trading don't have two heads as well, and personally, I try my bit here too and it is not out of line (if at all I mentioned it) to even encourage people to try more if possible they can make earning through it.