Quote from: Mayor of ogba on Today at 12:26:44 AM

Quote from: Pikachi42 on January 11, 2024, 03:40:23 PM

Quote from: Mayor of ogba on January 11, 2024, 01:26:58 PM

Quote from: Pikachi42 on January 11, 2024, 12:41:08 PM

Bitcoin is a long term high yielding crop. The crop that takes a long time to produce is also very profitable. If you had bought $550 worth of bitcoins in 2015-2016, $550 would have grown about 15-16 times. One piece of advice I have for everyone, which I'm very keen to implement myself, is to say you have $20 and invest it in Bitcoins, and then invest $20 in Bitcoins, so at one time you have $20+$20. = $40 will multiply.From there you keep a portion of the profit for yourself and reinvest it with Bitcoin. At some point that $40 of yours will turn into almost $400. Thus $400 to $4000 then $4000 will influence you towards success.
If there is any mistake between the words, please correct it.

Bitcoin is not a crop, Bitcoin is a digital asset that gives you total control over your money and no third party can decide when you can make use of your Bitcoin, and you can also send money to your friends at ease with Bitcoin.
Your strategy is only for the people who want to hold Bitcoin for the short term and this strategy will make you not get a good profit from your Bitcoin investment, and you can still miss out on Bitcoin because you will be waiting for the price of Bitcoin to drop, so you can rebuy but Bitcoin price keep make an upward trend. I will advise you to use the DCA strategy in accumulating your Bitcoin, the DCA strategy will also control the volatility part of Bitcoin on your Bitcoin investment. For instance, if you want to buy $100 worth of Bitcoin, you can divide the $100 into 10 places and use it to buy Bitcoin weekly until you accumulate the $100 worth of Bitcoin you want to hold.

Thank you very much for giving nice idea about Bitcoin. And I compared bitcoin to crops for example.

You are welcome mate, we are all here in this Buy the Dip, and Hodl to guide ourselves on the best strategy or method in accumulating our Bitcoin and also correct anyone who is taking the wrong step towards accumulating his Bitcoin. It is a good thing you are in this thread, it will help you increase your knowledge of Bitcoin.

Here all the strategies for long term investing can be learned easily. Because there is an experienced person always monitoring Jayjuangee he always gives positive idea about DCA method and all bitcoin investors. Then the advice is the best for me, then according to me I invest till the present time. And I've made it a long-term investment, because life is at the pinnacle of success if his advice is really put into practice.