Post
Topic
Board Bitcoin Discussion
Re: You must have a source
by
Zanab247
on 03/02/2024, 07:31:06 UTC
Quote from: Julien_Olynpic
Most of the time, it can actually be difficult for us to figure out a good entry point into Bitcoin. This is especially difficult to do when you do not have technical or wave analysis. However, even in this case we may have errors. Therefore, the DCA strategy has become widespread among people investing in Bitcoin. She does not look for the bottom and does not even set such a goal for herself. We simply enter the position in many small parts.
      But with this strategy, it is really important to have a source of regular income. After all, before success in investments comes to you, you will need to pay utility bills and pay for many things for many years. This will gradually reduce your capital.
If you understand the way very well, I don't think is difficult for people to have other sources of income because there are many job opportunities in some countries were people can get daily or weekly payment to solve some problem that will make them to sell their BTC but some just depend only on their BTC and it has made many to sold their BTC at loss.

 If you look at the community very well, you will discover that those wealthy bitcoiners make use of this strategies to have other sources of income that made them who they are through the BTC they hodl over some years to achieved what they want.