Investing in bitcoin is not something you can just start doing, proper knowledge and planning is needed. Knowing that it is best invested as a short term for beginners like me and long term for experience investors so as to make profit. As an investor, one need to have other means of earnings in other not to stagger when unforeseen occurrences comes like in the bear market(period when bitcoin price falls). Knowing all of these, my questions are:
-When is it the right time to invest in bitcon?
-How can one start planning?
-How do you follow up your bitcoin investment and other businesses?
-What are the assurance that you are ready?
1. Always
2. Do your research and base your strategy on what are you trying to accomplish. You can DCA, buy dips, or even trade.
3. I'm DCAing, so I'm just checking my portfolio and watching the news from time to time.
4. When you did your research, understand that you need to invest only what you can afford to lose, and when you understand that it might be emotionally hard to see first dips or crashes and you will need to survive it.