Quote from: Miles2006 on September 03, 2024, 11:08:22 PM

Quote from: Cryptoprincess101 on September 03, 2024, 09:25:35 PM

Quote from: AirtelBuzz on September 02, 2024, 06:42:58 AM

Quote from: Glen Hoddle on September 01, 2024, 10:42:42 AM

However, while investing in Bitcoin must be experienced, you can't invest at any point in time. But if you have experience with Bitcoin then you can definitely invest by following DCA method and accumulate it for a long time and sell it again.

I think a beginner should know the basic knowledge about bitcoin investment and grow his investment portfolio by buying bitcoins regularly using DCA method. Even if many people have no initial investment experience, by using DCA to buy Bitcoins on a weekly or monthly basis, they will gradually increase their investment experience as well as their investment.

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think you’re mistaking because basic knowledge is not a broad knowledge, anyone can learn the basic knowledge first before buying then during the process of accumulating learning process still continues. I still don’t understand the part with losing interest after getting the fundamental knowledge like bitcoin investment is not a regular investment with low value rather the more we learn about bitcoin the more our hunger to buy and hold increase. If anyone should develop such thought I think almost everyone will stop buying because we learn about bitcoin always as it’s part of our present and future investment.

You will get the most savings if you use the DCA method of buying in the present, as you will be investing in bitcoins little by little and it will help you save in the long run. But if an investor invests regularly in Bitcoin no matter what he does, he will definitely get success because his investment will be long-term. The longer the Bitcoin investment is the longer the investment portfolio will continue to grow, but I can say that those who invest for the long term will definitely succeed.