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
When Bitcoin prices become more expensive, you may stop for a moment to wait for a correction. You can buy it again when the Bitcoin price drops and accumulate it. That's what investors usually do.I disagree with you on this, every i dea investor take advantage of every opportunities they see in the market. However, when the price seems to be more expensive, you don't wait for any form of corrections rather the dca strategy gives the investors that flexibility of buying or making purchases irrespective of the price point and when it becomes low you can as well buy wholesomely or lump sum buy, the waiting strategy that you are referring to is more like a trading strategy and investing, Idea investor don't attempt to time the market rather they have a certain level of preparedness as regards to the ups and down movement of Bitcoin where waiting can never be in their dictionary but rather utilize various strategies where and when necessary.