Hi all,
I started investing in crypto February this year but due to the high price of Bitcoin did not start investing in it until mid June just after the crash.
Since then I have been DCA every week and currently own 2% of a Bitcoin at an average price of £17,900.
My goal is to hold Bitcoin until it reaches £500k - £1m, i know it will take a long time but will be worth it.
I am hoping these current prices last a lot longer so that we can all continue to DCA at low prices.
Just wondering how everyone else invests in Bitcoin? How often do you buy and how long do you plan to hold?
Bitcoin I have longed my beanie sum for about a year and I want to keep it for a few more years. The longer the investment in Bitcoin, the more benefits and profits are possible. Still I continue with DCA method because I am successful holding bitcoins with DCA method. If you hold Bitcoin for a long time and control the greed then the investment will be long term. Those who quit investing too soon due to excessive greed will face the biggest losses. Learn to hold bitcoins, not sell them.