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.
Haha, just the words of @JayJuanGee, FUCK CRYPTO, initiatly cryptocurrencies are not meant to be talked about here in this particular thread, let me go a little soft on this, @Jating may have simply misunderstood and misuse the word crypto in regards to Bitcoin, we learn everyday so right now he can take correction. Like you said, Bitcoin supercedes every other currencies no matter how profiting and promising they paints it to be, we are not expected to let our guards down so we don't perish in loses as the outcome of making quick profits. Bitcoin is much more of an investment that requires purchasing and holding and not a quick rich scheme, that is referred as trading and not Bitcoin investment.
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. 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.
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.
Yea, of course the best time to buy is the dip, but no one can know when the dip will come which makes it not the best time for new beginners or inve8who have just started accumulating bitcoin. It is hard to predict the movement of bitcoin and that is why it is not a good strategy to be waiting for the dip, because that investor will probably miss out.
DCA method is the best because it gives you the opportunity to buy bitcoin when the price dips, pumps or stay sideways. It is also stress free an gives you the opportunity to grow your bitcoin investment gradually, provided you are doing it the proper way. DCA and hodli for long and you will be happy with the result that you will ha e in a long-term.
Purchasing the DIP is one of the most aspects of Bitcoin that does deserve an award as a helping tool to most investors. Buying the DIP is a strategy on it's own which can aswell be compiled along side others, it will be too lame to just sit and observe the market till it DIPs before wanting to invest, that is the reason why the DCA approach now overcedes others because investors are still going to buy portions of Bitcoin during that same DIP which they have been waiting on and nobody knows if the market may continue to DIP at that time which they feel is the climax of the DIP and seeing the price drastically declines.