Quote from: I_Anime on Today at 10:55:19 PM

Quote from: asarfiar on September 16, 2024, 11:37:49 AM

The first thing to pay attention to when holding bitcoins is to prepare yourself mentally. BUY DIP AND HOLD by properly researching when bitcoin price is going down and when the price is going up. I think society and the environment still have a lot of skepticism about Bitcoin, which maybe puts us in a cycle when it comes to investing in Bitcoin. In fact, we are still in the early stages of discussing Bitcoin, which makes us skeptical about Holding Bitcoin. We need to gain step by step knowledge about Bitcoin and long term BTC investing strategy.

I like the word 'still early' . Most people usually take that is already too late for them to go into bitcoin investment, (which is wrong). Because we are still early and now is still the best time to hop in and start accumulating, using any method of your choice ( but one of the best and most recommend for newbies is DCAing).

The reason I mentioned this is that back then I also have , the mindset of thinking that is already late to embark in the journey of bitcoin investment. But as time goes , and after alot of researches I found out, it still early to invest in bitcoin, and after taken the decision I have been bullish ever since, I will advice one should stay away from project that promises X1000 (shitcoins) . Because same rate shitcoins can give huge profit if you are lucky, that's how it can also endup up getting one reckt.

I agree with you. There is no time that is too late to invest in Bitcoin. If it looks difficult to start because the price has increased more than the previous times, there is always an approach toward achieving it. Since they insist on procrastinating others are rushing into Bitcoin investment. I even saw a thread in the Bitcoin discussion board where someone is looking for buyers to buy his house worth $18k to $20k and yet he has not seen any buyer.

The little I have invested since when I started has become a substantial holding in my portfolio. Starting an investment now and in 5 years or a minimum of 2 years the investor will be happy why he made that choice.