⭐ Merited by JayJuanGee (1)
So if you think you need to be rich before you invest in bitcoin then am afraid you are delaying your HODLing journey.
Exactly. Delaying their bitcoin journey, not knowing that if they miss this bull run, the next time they will find it will be 4 years after the next halving.So many people are not aware of this, that the crypto market is divided into the bull run and the bearish market. The best time to invest in bitcoin is during the bearish market, and of bull run, have a selected price tag to sell some part of your bitcoin and hodl the rest because no one knows what the price of bitcoin will be in the future
Where most newbies mostly have issues, is thinking that bear market is the only best time to accumulate Bitcoin. To accumulate Bitcoin during bear market is also pretty nice . But we should know that there's no best time to accumulate bitcoin, because every time is the best time to accumulate Bitcoin. That's is always advisable for newbie to focus more in using DCA to accumulate Bitcoin, and not to wait for the dip before purchasing. IMO the only set of people that can only have such mindset of purchasing only during the dip are those that are gotten their accumulation goal . Because they have already gotten themselves some good quantities of Bitcoin already, so maybe if they encounter any dips in market they can purchase that dip with lump-summing style .
While keep holding....