Quote from: @nn@_pen9 on October 09, 2024, 06:38:21 PM

Quote from: ivankoh on September 17, 2024, 04:07:56 PM

If your plan with bitcoin is long-term, choose to buy with the idle money you have at any time, there is nothing to worry about. If your plan is short-term, take advantage of the opportunity to buy dips to wait for bitcoin's support waves. Basically, depending on the conditions and plans, I will arrange and proactively buy when bitcoin is at a price that I feel is acceptable.

It would be a shame if we chose for the short term a very rare asset like Bitcoin, the profits would definitely be less than optimal in this case. Of course, if we want to invest anywhere, of course we are ready to separate our money to buy this asset. I think buying bitcoin when the decline occurs is very good, but it is very difficult for the price we want to happen, we have to wait much longer if the price we want has been reached. Personally, of course I will buy whatever price is determined on the date I invest, of course I will keep it for the long term.

short period of time, hoping to get more profit with less profit.This is a wrong move and we face more risk.
We usually keep our money in fixed deposits in nearby banks for four to five years, thinking about the fixed and deposit money every month in our savings account. We need to change this attitude.If we invest in Bitcoin and wait for 4 to 5 years, we will see that our money will increase four to five times compared to our bank fixed deposit.The same amount of money that we are depositing in the savings account every month, from now on the DCA method will be Bitcoins every week.In the next 5 years of investing, we will have a lot of bitcoins and more than three times the current bitcoin price and get a lot of value.