Quote from: Glen Hoddle on Today at 03:06:48 AM

Quote from: Popkon6 on August 14, 2024, 11:30:08 PM

Newbies to Bitcoin investing should always keep an eye on the market, because the more information about the price of Bitcoin in the market, the more attracted new investors are to investing. Now generally in terms of investment newbies can invest the most because the bitcoin market is dumping now so regular investment following DCA method will definitely lead to success.

But the price of bitcoin is going down so bye should not panic and invest more. Bitcoin investment should be done in such a way that it is possible to be sufficiently self-sustaining by making regular investments. And while new and old investors are definitely having the most success doing this DCA method, this strategy is the single best strategy for investing in Bitcoin.

Yes beginners must do their market research first if they want to participate in Bitcoin investing. So the more one does market research and invests following this DCA approach, the bigger the portfolio will be and the more optimistic they will be.

Research is not the most dominant factors that helps one build a strong portfolio. As a matter of fact, after the entry phase when one is pretty new and needs to do some basic research on how to buy Bitcoin, best wallet to use, securing ones seed phrase and basic knowledge that makes one a better investor, once you've known those basics, research doesn't really matter. You can and definitely should stay updated with what's happening in the Bitcoin space which is what being a part of the forum has already solved but outside of that, it doesn't take research to build a good Bitcoin portfolio. What's necessary in building a good Bitcoin portfolio is a good income source, the right investment strategy and plan and the ability to execute all plans out effectively.

Quote from: Glen Hoddle on Today at 03:06:48 AM

Because the future success depends only on starting the DCA strategy, because those who have started are doing it regularly and their portfolio is growing gradually. So using this DC strategy is most effective for the success of any new and old investor. The faster they start this Bitcoin activity, the faster the amount of Bitcoin in their wallet will increase.

of course in planning for the best accumilation strategy to be adopted, the DCA methord stands out as the most strategic and unifying methord that allows the newbies, the old investors, the rich, average and even institutions to buy her Bitcoin without coming in too aggressively and yet do it consistently such that they are able to reach Thier investment goals within the stipulated time. Even when you have the financial means to buy in bulk, after making your bulk purchase, the DCA method still stand as the best approach to that keeps you going and gets you actively involved in your investment journey.