Quote from: boty on Today at 02:49:33 AM

Quote from: wmaurik on August 29, 2024, 12:21:08 PM

Quote from: Mr Reporter on August 27, 2024, 07:28:17 PM

This was the feeling I got when I had about bitcoin it made me thinking how could I invest in something that worthy about $60k
But time goes on I did learn about it how and how it was been sold in smaller part and units honestly speaking most newbies out there are still having same ideas about bitcoin, using my self as an example I wish I was not curious on how it works I could have loss interest in it.

In today's Bitcoin was below $60K and now it has also returned to that price range so you and other beginners can use an opportunity like now to buy Bitcoin and use it as a long-term investment for yourself and so on for other beginners. Because of the many discussions about Bitcoin that have been in this forum and that have been widely spread outside this forum, you should no longer be curious about how it works because historically Bitcoin has always been better after a price drop. So use this opportunity that is still there before you feel regret and remember it (the price of $60K) when you see the price of $80K in the future.

Anyone who has been able to take advantage of the current opportunity to continue collecting Bitcoin as a long-term investment, of course this will be very good for them to be able to maintain in the long term and as a beginner of course they must first learn about how to be able to store their assets properlyso that when the price has reached the target they invested in, they can take advantage of the investment they are running and it is true as you said for now Bitcoin has been discussed a lot and as a beginner of course must get the right information so that they can understand well how Bitcoin works and anyone who wants to take advantage of this opportunity of course they must have the preparation of funds that they can maintain in the long term.

A new beginner that wants to start his bitcoin investment does not need to learn how to store his bitcoin asset properly before investing because that will slow him down from getting started immediately and benefit from the current price of bitcoin. Knowing the best wallet to store your coins and how to keep your coins save is somehow technical which needs time for proper understanding and that is not necessary before starting your bitcoin investment journey because you can buy your coins and keep them in the exchange which you use in buying them for some times, while he learns the best wallet to use to safe his funds along side investing and growing his bitcoin stash since he is on a long-term plan.

What a new investor needs to know is how much of his discretionary income he needs that will enable him buy bitcoin continuously and regularly every week or month through DCA for 4-10 years and above so that he can be able to build and increase his bitcoin size overtime. However, it is a norm that as your bitcoin stash keeps on increasing your mindset will always be how to keep your investment safe. As a new beginner, it is advisable to keep Thebes bitcoin you bought in an exchange for it to accumulate upto $600 and above before sending it to your self custody wallet.