Quote from: Hallroom on Today at 05:17:58 AM

Quote from: wxa7115 on Today at 04:35:52 AM

This is a process which can take some time, I remember than when I was a newbie many years ago, the movements of bitcoin scared me, and while I liked the technology, I was not sure if I could withstand so much volatility.

But by the time the crypto winter of 2018 appeared, I had garnered enough experience to not sell my coins for a loss at the time, so I am sure that someone that invests on bitcoin right now, has enough time to learn to accept the high volatility and become a successful long term holder.

Now Bitcoin deep market is going on at present, so if you invest during this time you will definitely find success.

although despite the high volatility of bitcoin it doesn't necessarily mean that success is definite. investing in bitcoin with a high hopes of getting a big return in the time of reap or harvest may disappoint you when you fail to get the exact results at the expected time. for example some people bought bitcoin during the time bitcoin was very high and during the time of selling may get disappointed due to the dip in price as compeard to the time of buying. this normally happen to those with a short time frame or horizon of Maybe 4 to 5 years interval or vise Versa, meaning a person who invested in such short period of time may also make alot of profit. although it may also occur to a person with a longer time investment plan, but let me just take for example if you may have invested or accumulated bitcoin through DCA around 2018, 2019, 2020 to Nov. 10, 2021 when Bitcoin reached an all-time high of $69,000 and your goal was to invest within 4-5 years intervals, surely if the person decides to sell off his holding in the 5th year being 2023 you will notice that the profit may be lesser than expected, except that such person may be lucky to sell around the new ATH like that of 2024 which was $73.7k so it's unpredictable. we should not Invest in bitcoin and have a higher hope, if not we may get disappointed when we least expect. but that doesn't mean we should be discouraged to invest in bitcoin. Because bitcoin is the best digital asset to invest right now all over the world. it should be a privilege to have a slice of it before it becomes more expensive.

Quote from: retreat on Today at 07:43:44 AM

Quote from: Hallroom on Today at 05:17:58 AM

Now Bitcoin deep market is going on at present, so if you invest during this time you will definitely find success. Because success will come in the way that you get the maximum benefit at the highest cost. And the ideal investment would be if the holders invest most successfully in the current period.

Now is not the right time to invest your money in Bitcoin, because currently the market is in a sideway position and most investors are just waiting.

I don't think so, and investor doesn't look at the Market fluctuations but rather take advantage by buying more. we have experienced decline as a result of corrections and some other factors like rumours and fake news in the bitcoin market, so it is an advantage to any investor to buy and stack. Bitcoin has already surged higher upto $73.7k as ATH which is expected to go above that price sooner or later. for you saying that it's not the right time to buy bitcoin may be misleeding to most persons that uses the opportunity of dip to accumulate more.
there is always an opportunity to buy more expecially when it is dip.

Quote from: retreat on Today at 07:43:44 AM

It's better to hold and see how the market develops because currently there is a lot of market uncertainty and at any time the market can drop. But if it's just DCA, that's not a problem, you can accumulate it from now on and hold it for the next few months.

your explanation is quit complicated, you seams to be conjugating matters making it look confused. how can you be talking about market fluctuations and when to buy or sell which is directly pointing towards trading, and also talking about buying the dip and HODL. I think you should be more specific in your explanation than mixing things up together.