Post
Topic
Board Beginners & Help
Re: Bitcoin, when to buy
by
merekamo
on 10/02/2024, 01:56:57 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.

Sure thing. But, putting money into Bitcoin can look like a chance and you know risk. If you ask me, "when to best buy Bitcoin?" Opinions differ among people. Some like the Dollar-Cost Averaging (DCA) approach. It involves regular investments, no matter the price. Others wait for the price to fall to a better level. As a new person to cryptocurrencies, your idea to use DCA for a more long-term plan makes sense. Yet, it's helpful to think about other views. Try to learn from people who know this field well, in this forum.