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.
As a newbie, stick with accumulating bitcoin with the DCA strategy at regular intervals because the DCA strategy will help to control the volatility of bitcoin in your bitcoin investment. Buying the bitcoin dip might give a wrong impression that will make you hate bitcoin, and you will never want to invest in bitcoin again because, as a newbie, if you buy the dip and it continues dipping, you will be upset that this is not what you were expecting from bitcoin and be forced to sell your bitcoin even though you are at a loss.