For those who are trying to invest in new real estate, it can be good to start investing with Bitcoin. When I first invested it was very difficult for me because I didn't understand about real estate investment at first so I invested all my money in Bitcoin.
It is a good initiative for you to start investing in Bitcoin instead of investing in real estate.The fact that you use the dollar cost averaging method to invest in Bitcoin is also an important step you take.This approach has made the journey of Bitcoin investment easier for all of us.In DCA method we can invest our bitcoin anytime and we have to plan to hold it for a long time.
Slowly. When I learned about investing, I started investing using DAC method without investing full money and gradually gained a lot of money.
By investing in Dollar Cost Averaging method one may not get good profit in short period of time it needs to hold for long time to get profit in this method. It was wise that you did not invest your entire money in Bitcoin because if you had invested your entire money you would have been forced to sell the investment when you needed the money. The advantage of investing in the DCA method is that we will gradually purchase bitcoins and hold them for a long period of time.
Never invest for a short period of time, the longer the Bitcoin investment, the more benefits you can reap. But I want to know? How long have you invested in bitcoins? I have been holding on to Bitcoin for over a year now even though I invest every 15 days (twice a month) my investment has often grown huge. Now my portfolio has added a lot of dividends, so I have proven from my investment that holding Bitcoin for a long time is definitely possible to earn more profits. So I will be ready to hold my investment for 7 to 8 years, and I will invest twice a month or weekly if I feel like investing.