Those who are ready to invest new time should know that it is better to invest their capital in a place where the probability of loss is very low. Newbies are greedy for money and invest in Shitcoins. There is a lot of risk and short term hold in the market, but I would say it is best for beginners to invest in Bitcoin. Because there is no possibility of losing money if you invest in Bitcoin, because the money of all investors who have invested for a long time is safe. So if you want to invest in cryptocurrencies and want to keep your assets safe then it is better to choose Bitcoin.
Newbies have this mindset that crypto is a get rich quick scheme, which is not.
I say again, fuck crypto. Bitcoin is not the same as crypto, Bitcoin is far more better than crypto currency. Bitcoin is not a get rich quick scheme and crypto newbies should know that.
Maybe they will learn it the hard way. Either case as we grow older in this market, we will learn when to buy, or when to start to accumulate and maximize our profits in the future.
The future if bit Bitcoin is better than the past days. IMO in future people will buy and buy and buy Bitcoin, a lot of people that has invested in Bitcoin during the past will not want to miss another chance so try will buy Bitcoin, the most important thing they should do now is to know the process of accumulating Bitcoin. It's not a get rich quick scheme and it's something they have to keep carefully.
Best time to buy is bear market, although if we are going long term, we can do DCA as well. So it's true, the best way to buy and accumulate is during the dip and just be a holder. That is the best strategy here, HODL as much as you can and then time the market and sell when we are in a bull run or at the top of the price or near all time high.
Yeah every investors should go into long term investment and they should also hold, without holding you won't be able to make massive profits. Also one should always take every advantage to buy Bitcoin ones they have money, buy during the dip, accumulate and keep buying.