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Quote from: wahyuagung26 on May 29, 2024, 04:54:57 PM

Quote from: Bravut on May 29, 2024, 12:38:37 PM

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

we assume that investing in Bitcoin during this time is much better in preserving your assets, interacting with Bitcoin investors should make them able to understand Bitcoin and Investment in it, and honestly nothing is too late for those who still want to get into Bitcoin even in the current circumstances. very good value.

I don't agree with you; anybody who says this period is the best time to invest in bitcoin was doubting bitcoin and refused to invest in bitcoin when he had the chance to accumulate bitcoin at a low price, but he didn't. The best time to accumulate bitcoin is in the bear market because you will accumulate a reasonable amount of bitcoin with less money, but anyone who fails to accumulate bitcoin in the bear market can do so when bitcoin is at its peak since bitcoin is a long-term investment.

So are you saying that if a investor was not able to buy bitcoin during the bear market, he should wait and buy bitcoin when bitcoin price is at the peak in the bull run, I disagree with you on this statement of yours. I know that the bear market is the best time to buy bitcoin, but what about those people who did not know bitcoin during the bear season. If a new investor want to start his bitcoin investment, the best time is now as there is no best time for a new beginner or a low coiner, since his bitcoin portfolio is slim. That investor should start right away to buy bitcoin as long as he has made his proper plan on how much he will use to buy bitcoin that will not affect him financially, because he is on a long-term ride and he can buy bitcoin using DCA always either weekly or month provided that he does not skip any week or month.

The new investor should not care about the market, but only focus on his bitcoin journey since he already has his emergency and reserve fund to remove any obstacle that will come his way, and with his regular DCA, he can buy bitcoin both at the bull run and at bear market and at any price consistently for 4-10 yrs and above. It is an investor who have reached a certain level of decent amount in his bitcoin portfolio that can choose to only buy at the dip, because he might have reached his maintenance stage or close to it.

If an investor fails to accumulate bitcoin in the bear market, he will eventually accumulate bitcoin in the bull market because, after the bear market, comes the bull market. In the bull market, Bitcoin is always at its peak, just the way it is now. What I said in my comment doesn't stop any new investor from not investing in bitcoin now, and my comment doesn't also send a message about timing the market. New investors who want to start their bitcoin investment are free to do so. They would not have to wait for the bear market because they have missed it, and it will delay their bitcoin accumulation journey if they want to wait for the bear market before they accumulate bitcon. They can start now and accumulate bitcoin with the DCA strategy, and they will still meet in the next bear market to accumulate bitcoin if they have a long-term future in bitcoin.