Quote from: Plaguedeath on May 31, 2024, 08:02:11 AM

And make sure people who want to start DCA-ing Bitcoin should invest in the right place i.e. non custodial wallet.

Most people use centralized exchange as a place to hold their coins because they think it's safe and cheaper, but if one day the exchange went bankrupt and they can't withdraw their money, they will lost all of their hard earned money.

Really good piece of advice, better that you learn not to trust centralized exchanges as a beginner rather than learn it the hard way later on which is the likely thing to happen when the exchange gets hacked or they decide to run away with all of your money. I was like that person too back then but then the time when a lot of CEX were attacked by hackers that I got concerned that I might not see my bitcoin or any cryptocurrency again if I continue and now, I'm only using CEX for when I need to sell some of the cryptocurrency that I have especially if it had grown into something that would give me huge profit, it's mostly for P2P for me now and to all newbies that are still researching about the things that you need to know about investing in bitcoin or any cryptocurrency, heed what @Plaguedeath is talking about and you'd know that it's for the best as time goes by.

Now about the inflation part, I can attest to everyone here that bitcoin is definitely a good investment to have to protect your finances against the inflation, I've seen with my very eyes how huge the growth of the value that my investment have come because the inflation rate in my country is rising too fast and so high right now.