Post
Topic
Board Bitcoin Discussion
Re: Converting altcoin profits into Bitcoin?
by
leonair
on 13/06/2024, 04:06:02 UTC
It may not be wise to invest all your money in Bitcoin at once. One strategy you could consider is Dollar Cost Averaging (DCA), which involves investing small amounts regularly, regardless of the price.
Why would you fully invest in bitcoin? I think it will not be suitable because bitcoin is a sound currency. It will do better in the future. I have everything in it to take a lot of opportunities from here and will do so in the future, but for this, I am, yes, I will end up entirely investing in it. I don't want to. I will invest as much as possible for convenience. I support gradual investment. You can do that too if you wish.