Post
Topic
Board Bitcoin Discussion
Re: Knowing when to own your bitcoin
by
Assface16678
on 16/02/2024, 22:59:31 UTC
There is no time is right to buy Bitcoin you can buy when you have the amount of dollar you want to buy with, there are people who haven't heard about Bitcoin yet but if in future they hear about it they will be interested to be an investor….will you say is the right time for them to buy or not the right time due to the rapid increase in Bitcoin one can choose to buy now that is right time for him others can choose to buy tomorrow that is right time for them.
Yes there is no definite time or position where you can consider buying bitcoin but that's why there is technicsl analysis and such indicators for you to analysize when is the good time to enter the market, you can't just buy and buy without thinking, even you will going to do DCA you should consider the down and up trade, is better if the bitcoin you brought will only goes up in the long run, I notice your account to be a newly created, believe me investing or buying bitcoin is not that simple, its easy to say you should huy bitcoin and its easy to buy bitcoin, but in terms of earning bitcoin it will be hard road because you will need a lot of patience and dedication in order to leanr how to earn in this field. But yeah, stories like the OP are one of the stories that encourage us that investing in bitcoin will never be too late.