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?
Bitcoins aren’t for beginners to be honest. You are easily getting lured by other coin’s mini price jumps. Just do a little analysis and you yourself will see what Bitcoins are capable of. I know Bitcoins haven’t given sudden returns like the other alts are doing but still the ROI is great if someone has invested in 2018 or so. You need to also understand that the amount of returns with less days also come with high risk of getting into losses. Hence staying loyal to Bitcoins will be fruitful. These coins are limited in numbers, so buy and hold it for long term to yield the maximum profit.