Quote from: cryptoWODL on Today at 11:08:12 AM

Quote from: Barikui1 on November 03, 2023, 02:14:02 PM

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.

I think not all people have the same method of depositing bitcoins everyone has a different method to deposit bitcoins. If you want to invest bitcoins with dollar cost averaging (DCA) 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 (DCA) method and planning to hold it for a long time.

Yes, DCA method of Bitcoin investment is good, I quite like this method. I think now is the right time to buy Bitcoin. If you notice, you will see that the price of Bitcoin has been going down for a while now. I believe bitcoin will reach its ATH after the next bitcoin halving. I think it is not right to miss these moments, from now on using DCA method in Bitcoin investment you can hold your Bitcoin for long term.