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.

Bitcoin is undeniable the best asset to invest. But if you keep waiting for the dump then what will happen to you on bullish times? Provably you are in standby mode doubting and trying to figure out on when you could enter. That situation you gonna choose is confusing and provably that confuse you or create fear not to buy. So instead of waiting for the dip better if you buy your bitcoins at what price you could able to buy. You are doing DCA anyway and for sure those big pumps and dumps would never affect you.

Also don't waste your time thinking about shitcoin and erase that in your system. Much better if you focus on your investment made on bitcoin then try to be consistent since this is really more important to consider.