Quote from: simons_js on Today at 03:26:38 PM

Quote from: Winterfrost on Today at 02:35:16 PM

Quote from: simons_js on Today at 01:43:33 PM

Buying bitcoins little by little and withdrawing them to a personal wallet is the most effective way. I've been doing it for a few months and now I think I'm pretty successful even though I only have a few bitcoins at the moment. But I hesitate to buy again when the price of bitcoin becomes too expensive. Do you have an opinion? Unfortunately I just found out about this forum, if I knew about it a long time ago maybe I would have more bitcoins. Even though I've known about bitcoin for a long time, I was hesitant to start buying bitcoin for a long time before finally deciding to start buying it on binance

I'm quite inquisitive to know how much bitcoin you've bought that makes you hesitant to continue buying now because you think the price has increased too much.

I know that feeling that comes when you've probably invested above your normal range and you kind of think you've arrived and don't need to accumulate more bitcon or the feeling might come that you should necessarily slow down on your accumulation because you can't buy much with the little amount you've kept out for your DCAing. It's normal to feel that way but if you can continue more further it will go a long way in boosting your portfolio. Making few months of stacking is for me too short termed and I wouldn't advice you to relax on your buying. It's true if you had started buying earlier this year, the value you used at the time isn't worth what's currently obtainable at the moment but understand that this is not the last stop to how bullish the market will get to. The halving is just by the corner and the truth is that you've not stayed even up to a single circle and as a single person it's practically hard to believe that you've accumulated enough Bitcoin that might have put you in the fvk you status or give you the leverage of waiting for moment when it DIPs so you can take advantage of it and stack up more.

Maybe you you're looking for an answer to what's probably bothering your mind and let me come out plain. Should you still buy Bitcoin now that it's $66k? Absolutely yes. If you're still on your DCA routine it's never a bad idea to buy at the time you've set out so you don't risk procrastinating and waiting over and over again and then the market continues getting bullish and all you're left with is regrets and hope that Bitcoin does comes down in the future so you can buy. Make it a necessity never to miss out on your DCA plan so it becomes easier to get to your accumulation goal without emotions coming along your way as a major hindrance.

I don't have much bitcoin at the moment, I only started buying around the middle of last year. Since the price was above $50k I decided to stop buying and now the price is even higher. I'm still unsure whether to continue purchasing or not, I'm waiting for the price to return to $50k or at least below $60k. Although I am pretty sure bitcoin will reach $100k but buying bitcoin for $66k is still too expensive for me. I'm still waiting for the price to go down and will buy again.

Even so, I am also afraid that the price will get more expensive and miss this moment, but I am still confused and don't really understand bitcoin price analysis. I'm still waiting for the price development and keeping my money in cash, once I'm sure maybe I'll start buying bitcoin again. I will monitor bitcoin price movements this month before deciding to buy again

You don't need to be confused on what to do, but I understand how you feel as a newbie, who just started his bitcoin investment journey without the idea of bitcoin price movement.