I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?
It's understandable to feel FOMO amidst the surges in altcoins. Your commitment to Bitcoin is commendable; it's essential to stay focused. Adopt a long-term mindset, recognizing the unique strengths of Bitcoin. Diversification is a personal choice; if you believe in Bitcoin's superiority, stick to your conviction. For a DCA strategy, set a budget you're comfortable with, perhaps a percentage of your income. Regularly invest regardless of short-term fluctuations, ensuring discipline in your approach. Keep informed about market trends, but remember, your plan should align with your goals and risk tolerance. 🚀💡