Quote from: Mayor of ogba on February 05, 2024, 08:39:09 PM

Quote from: smelody on February 05, 2024, 09:05:52 AM

Quote from: JayJuanGee on February 05, 2024, 03:10:45 AM

Quote from: GbitG on February 04, 2024, 08:48:33 PM

Quote from: Promocodeudo on February 04, 2024, 09:53:34 AM

Buy on dips should not always be the case, why not concentrate in buying when you are ready, must it be on dips, people should know that bitcoin is an asset no matter how dip it goes, it has never stop giving people hope of shifting to positive position, I think everytime is an opportunity in bitcoin that's why continues accumulation is the best irrespective of the price any day any time.

Yeah, obviously, bro, this is true that Bitcoin is always gives you the opportunity to buy because Bitcoin is highly volatile and their price movements are not always the same. I mean, Bitcoin always provides opportunities for investors to participate in it. When Bitcoin rises, it does not mean that the price went up and will not fall again, that is, it will not give you an opportunity to enter again, but Bitcoin gives you good opportunities every time you take an entry. This is our example. It is clear that when Bitcoin was 37k in 2022, no one expected that the price of Bitcoin would go to $16,625.08 on January 1, 2023. When it actually happened, everyone was surprised. So it means to say that Bitcoin always gives you the opportunity to take entry.

You can always participate in bitcoin, but it does not meant that at any particular time that any of us is considering entering bitcoin that there is going to be any advantage in waiting and/or that an "obvious" entry point will present itself.

There is an expression that it likely pretty close to being true, and that is that the best time to enter bitcoin was yesterday, and the second best time to enter bitcoin is today.

In other words, the mere fact that the btc price has historically dipped and/or provided unexpected dip prices does not mean that it is going to happen to the degree that any of us is going to clearly and unambiguously be able to recognize such dip as an entry point.

If anyone believe that the drop in price of btc is temporary and the fundamentals of the asset are still strong you might consider buying at the lower price.Take some time to research about this further and historical price movements. This can help you make a more informed decision about whether to buy, sell, or hold. can be taken advice from investment professionals or experienced traders about btc.
While buying at a lower price can be tempting, it's important to be cautious and not rush into decisions.investing involves risk, and prices can be volatile.

It's essential to do your due diligence and make decisions based on your own financial situation, risk tolerance, and investment goals. I m just thinking many of the investor are holding cryptocurrency to get more profit.

I don't see taking advice from an investment professional as a good step toward accumulating your bitcoin because you can be misled. What if the investment professional told you it is only whales that can accumulate bitcoin because of how difficult it is to own a bitcoin and the investment professional can teach you a strategy that will not be favorable for you to accumulate your bitcoin? For me, there is no need to meet an investment professional before starting your bitcoin accumulation journey. If you have bitcoin knowledge and know how to buy bitcoin from the Cex exchange and withdraw it to your noncustodial wallet, I think you are good to accumulate your bitcoin with the DCA strategy whenever you want to accumulate it and hold it for the long term.

As far bitcoin is concerned, to me personal advise in terms of in investment is the best, most advisors will lead you astray if you allow them, what you need is to actually understand the basic concept, know what you what, buy with the amount you have, don't be act as if you been forced to, but doing this as soon the fund is available will place you ahead on your Bitcoin journey, but when buying make sure that you don't buy with all left, if you you decide to buy with all the available fund have an existing earnings that can sustain you throughout your long-term holding journey to avoid being a fast seller.