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?
As I am seeing that you have mentioned that you are beginners and
-How can one start planning?
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And I think you are under the misconception that short-term trading is for beginners and long-term trading is for experienced traders. The correct thing is that short term trading is for professional well analysis skilled traders and on the other hand Long-term trading can be done by beginners to professional level traders. Because short term trading requires more analysis than long term trading. On the other hand, long-term trading is done by following a simple DCA method and starting investment for long-term, in this case you just have to adopt an affordable amount of bitcoin after a certain period like every week or month.
-How do you follow up your bitcoin investment and other businesses?
If you invest in Bitcoin in the long term, you don't need to spend much time for analysis, so I don't think that investment in Bitcoin will have any effect on the business.
-What are the assurance that you are ready?
Your stable income and a certain percentage of which you can afford to invest in Bitcoin