Quote from: Ruttoshi on Today at 07:20:03 AM

Quote from: Egii Nna on Today at 07:00:45 AM

Quote from: SuperBitMan on Today at 02:35:51 AM

Yeah you are correct some people especially newbies really don't understand how Bitcoin works they just heard about someone it and feel they can just start investing and start making money from it and that is why you see some people become frustrated when they start investing and they later got disappointed by not making the quick money they expected to make.
A lot of people has left Bitcoin investment because they feel Bitcoin is too slow in it's growth and they feel investing on shitcoins will be more better because it will grow fast, the want of quick money has even blocked there eyes to see the high risk in shitcoins and that is why no matter how people keeps failing and losing money in shitcoins some people are still investing in it.
When it comes to bitcoin investment on needs to be patient and also be consistent, Bitcoin will give you more peace of mind because one won't lose money when there's a dip it's certain that it will grow again one just need to accumulate and hold for a long term.
Before investing in Bitcoin one needs to have the basic knowledge about Bitcoin and how it works it is very important, if a newbie has basic knowledge about Bitcoin and also know the history growth of Bitcoin it will help him or her to relax even when there's a dip.

When there is a dip in bitcoin, that is the best time to keep buying bitcoin. If you can accumulate a lot of bitcoin in this season then there is a potential of you getting a lot of profit in the future.That is why the best thing to do in bitcoin is to accumulate a lot of bitcoin and hold for a long time. As a newbie in the crypto space, the best place to invest in is bitcoin. Even if you have many years in the crypto space, bitcoin is always the best place to invest your funds for a long time. Many of those shitcoins always end up as scams. That is why we always encourage using the DCA method to accumulate as much bitcoin as you can without braking the bank or being stressed in your finances.

As a new investor, you are not only to keep on buying bitcoin regularly only at the dip because you are still new to bitcoin and you only have very little bitcoin. A new investor should be on accumulating bitcoin using DCA regularly without stoping whether in the dip or not for 4-10 years and above so that he will be able to accumulate a significant size of bitcoin to cover up his latness into bitcoin investment.

You should also know that buying at the dip is for those investors who are prepared for it by having reserve funds available, but with your ongoing DCA you have the advantage to buy bitcoin both at the bottom line of the dip and when the price is at his peak.

I know if I could still recall, I didn’t emphasise on buying bitcoin at the dip only, I just said it is the best time, which means you can still buy bitcoin at anytime to accumulate as much as you can afford using the DCA strategy, so all this you are saying, I will just take it as more clarification to those that find it hard to digest the English I wrote, not correction to me, because all what is said is the same thing I also said but in different English. So I appreciate your effort in clarifying it to others. The best thing to know is that both of us are explaining the advantages of accumulating bitcoin and holding it for a long time.