Post
Topic
Board Beginners & Help
Re: Bitcoin, when to buy
by
Tipeform$
on 06/02/2024, 06:02:11 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.

I am not going to say here that I have very good experience with Bitcoin but if anyone thinks he will invest in Bitcoin then he can invest from the current price. Because no one can say exactly what shape the market will take but by doing some market analysis people can make some guess about the price. Those who are market experts may guess and invest their own thoughts but I think as a newbie if he wants to invest a lot then it is better to buy from the current price. Also if a new investor thinks of investing using DCA method it will be better for him.