Post
Topic
Board Beginners & Help
Re: Bitcoin, when to buy
by
cryptoWODL
on 24/01/2024, 11:08:12 UTC
The growth of Bitcoin over years have made it one of the most sorted after asset in the world right now and to me it's a lifetime opportunity that needed to be seized,

So my question is when is the best time to buy Bitcoin?
 
Many people that have been into the industry before I even came in have mostly suggested the DCA method, some advice I allowed it to drop to my convenience price before I buy.

As a newbie I feel the DCA method is the best base on my own perspective of looking at it on the long term, I don't know if anyone have any better opinion? Because I believe in the hype that  this forum is filled with knowledgeable people about cryptocurrency.

If you want to invest bitcoins with dollar cost averaging method I think you can buy bitcoins at any time with any amount of money. But one thing if you want to invest first you need to gain experience about investment.
Now not only the newbies but the seasoned investors are continuing their investments with Dollar Cost Averaging method and planning to hold it for a long time.