Quote from: Kliss on June 25, 2024, 07:24:19 AM

Quote from: Tmoonz on June 24, 2024, 01:58:56 PM

Quote from: Sebas.tian on June 24, 2024, 04:16:14 AM

Quote from: Mate2237

As for me it is not good to buy! buy!! buy!!! And sell! sell!! sell!!! And it is good to balance the equation by buying and hodling for the time goal you have set to sell. You can set a DCA method to buy and set a long term goal for the investment so that you know what you are doing. Many people came to this cryptocurrency investment business without any plan or goals and they are just investing when they have money and that is a wrong investment plan but at least let the person plan well and if possible have a particular year which will like to sell his coins.

Yes, the price is still high for investors to purchase Bitcoin from the market, because there is a hope that the price will definitely going to reduce more than this in the future and you can use that opportunity to purchase Bitcoin and apply long term holding to achieve income. Having a good plan in Bitcoin investment, I think is a favourable thing that will make you to make a good decision that will help you to maintain a good strategy that will add more income to your wallet when the bullish season appear in the market. Since the price of Bitcoin use to increase high every four years, I believe it will be a good strategy to hold like four years before you can think of releasing your Bitcoin to the market to make massive income.

The bolded part of your narrative can be very misleading considering the fact that newbies can as well access this thread, since you will not be buying a whole Bitcoin the current price doesn't make it high or expensive for any investors to make purchases of Bitcoin, with dca strategy fractions of Satoshi can be bought with as little as you can afford either weekly or monthly irrespective of the price point at different intervals, there is no certainty or guarantee to backed up your claims that there will more drop, why even waiting for a drop before accumulating Bitcoin? It can be a total waste of time as you may not be able to see your expected dip, but with dca you are already in the market on time without any form of timing the market .

The price of bitcoin is not high for any investor who intend to purchase Bicoin, it's important to consider that buying bitcoin doesn't require purchasing a whole coin. Waiting for the price to drop before buying bitcoin might not always be the be best approach especially if you want to keep growing your bitcoin stash. The question is dip might occur but does it suit your desired level?, Using a DCA strategy is an approach that eliminate the need to wait for a specific price drops that may never come, ensuring you're consistently in the market without the stress of market timing. With a DCA you can acquire Bitcoin at various price points regardless the market situation. This way, you can invest consistently and avoid missing out on potential opportunities that align with your investment goals. DCA allows you to purchase Bitcoin at both high and low prices, ensuring you stay on track with your investment strategy.

You are very correct For average income earners who wants to do Bitcoin investment, if they can not afford to buy 1 Bitcoin, then it's best to start according to the amount that you have, by buying in Satoshi, being the smallest units of Bitcoin. I love Bitcoin investment because it affords the investors opportunities to start small, they can do DCA method and continue to accumulate and hodl until it reaches one Bitcoin and beyond. If an average income earners is passionate to start the journey of Bitcoin investment, the relatively high price will not be a discouragement because of the option of starting in satoshi. The way Bitcoin price is increasing it might get to a level where you'd have to be rich to do it's investment, thankfully Satoshi will bridge the gap.

you don't have to own a whole Bitcoin to become a Bitcoin investor and benefits from the profits of Bitcoin, consider every fraction of Bitcoin that you own as a share in Bitcoin profit that'll make you eligible to receive the rewards of holding Bitcoin. If Bitcoin price increase by $1000 and you own 1 Bitcoin, it means you'll receive 100% of that $1000 that Bitcoin gained and the percentage spreading across the fraction of Bitcoin you own. If you own 0.1 Bitcoin you get 10% increase of that $1000 that bitcoin gains and the percentage you gain follows same path. This is why the more Bitcoin fraction you own the better you stand to benefits from the profit increase of Bitcoin. Invest based on your financial strength and don't borrow money to own more Bitcoin because when the market corrects and you invested more than your Hodling limit, you'll be panicking and probably miss out of gains you were suppose to get as you sold under pressure so it is advised as a newbie to use the DCA strategy for your accumulation journey and also try to have an emergency, reserve and float funds in other to secure your investment.