Which is I came across a news article stating that October is approaching and is a highly potential period for Bitcoin, suggesting it might be the right time to invest. My question is, is it advisable for a newbie who has never invested in Bitcoin before to take advantage of October too Are there any limitations or considerations I should be aware of as a newbie?
The source
https://azc.news/3-reasons-why-you-should-buy-bitcoin-in-october-id29080/Why wait till October, before you can buy Bitcoin, from what I've read too, October, will be a bullish month. If you're going by what is said about October, then you need to buy now and wait for it. Although nothing is certain and nobody really knows what Bitcoin price will be in October, everything that you hear are just speculations. As some experienced members have suggested to you on this thread, it's better to equip yourself with Bitcoin knowledge first before investing so that you will not panic unnecessarily when price begins to dip when you're expecting it to skyrocket. You can decide to buy now and hodl or you can wait till after the bull run, then buy in dip when we'll enter bear run.
Honestly since no one knows precisely how far or low Bitcoin will go with certainty and guarantee, a newbie shouldn't be bordering much about timing the market conditions before making purchase of Bitcoin, perhaps Bitcoin is best appreciated when viewed from a long term perspective hence there is nothing so special about the month of October for anyone who's intention is to buy and hold which at some point is mostly advisable, op can utilize the DCA strategy to enable him purchase Bitcoin without any form of timing the market conditions and hold for as long as necessary possibly 4 to 10 years or even more of having the compounded value of his investment over time.