Quote from: EarnOnVictor on Today at 08:37:41 AM

Quote from: Popkon6 on Today at 05:12:07 AM

Very nice purchase, it's a big purchase friend you invested in Bitcoin it's very desirable. But Op if you don't invest at once, it would be best to invest following DCA method. Investing in Bitcoin with the DCA method will make you want to invest more, and you will always want to invest in Bitcoin. It's good that you invested now because even though the price of Bitcoin is a bit bullish at the moment, and the price of Bitcoin will continue to improve even more in the future. So I never consider investing in Bitcoin as a risk, I think investing in Bitcoin is a good decision.

You consider it wisely because you are in the business already, but for those who want to participate newly, they might not know anything called DCA. This is why we should learn what we want to deal with financially before we do it so that all the information and purposefulness in them can be well utilized for our advantage. As it is now, there is no how the OP can make so much money through Bitcoin, that's just the truth, and you could imagine the purchase of about $44,000, it will take Bitcoin to get to $132,000 before the OP can make x3 of his money, and that is if Bitcoin will get to that level at all. Getting to about $100,000 in this bull run having moved so much already is what I am confident of. But getting far more than that is what I can't really believe would happen this time. Many are anticipating a very big move but I believe that cryptocurrencies are getting much more these days, and the money might be spread on all of them and not Bitcoin only.

This might limit the level at which Bitcoin would reach even as people are getting smarter to make more money and not believing in HODLing Bitcoin alone. However, if the OP follows your advice, it is never too late, he can liquidate it and try the DCA approach. After all, Bitcoin is still close to his striking price, but I don't think Bitcoin can significantly go lower again to make it make much difference.

Honestly I understand what you are saying but there are other newbies that still understand what they are doing and what is called DCAing strategy (not all forum newbies are Bitcoin newbie) some of us here are not bitcoin newbies but me I am a bitcoin newbie.. however, I have invested in Bitcoin as a newvie but still i have learn some things about Bitcoin from this topic, and am still learning, so I just try to continue learning while i am investing so i can gain proper understanding about Bitcoin.
It might take a while for me to understand Bitcoin in full as Bitcoin is not a subject or something one can learn in just day, so learning while investing might be the best idea to do.