Quote from: danadc on Today at 01:56:06 AM

Quote from: oktana on March 22, 2024, 11:56:56 PM

Quote from: R1dwanRz on March 20, 2024, 03:02:50 PM

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.

But I keep wondering how people wait till there’s obviously a pump before they want to invest into Bitcoin. Don’t let FOMO get the best of you because if you rush in, you’ll likely rush out of the investment. If you must invest now, do it calmly, and knowingly that you MAY not really make anything out of it this year. Bitcoin isn’t a get rich quick scheme, you’ll have to give it time.

I have a lot of faith in bitcoin, for me it is the best investment that can be made , many wait for the best moment to buy, but when is the best time? That's it, for this they have to do it at once, but the majority of people buy bitcoin when they see that it has a good rebound, goes up, and probably reaches a new ATH. That's where they get ready to buy , so that doesn't make sense to me, but most people do, that's something I don't understand, that's why we have to act when we have to.

What we can think most is that every time we go in and buy, check if it is lower or buy, if it goes up, stay still, but making staggered purchases is the best, it is as they say, buying at the dip, because I don't think bitcoin is going to go down that much, the opportunity is Now.

Also, DCA is another effective ways of investing. We mustn’t invest everything immediately even if we have all the funds available. It could be split in batches where you don’t end up buying at the same price, and if eventually there becomes a dip, you can also buy at that dip without having waited the entire time just for it to come before investing.