Quote from: Rockstarguy on Today at 11:09:31 AM

Quote from: inearth on Today at 06:04:36 AM

I have decided to invest in Bitcoin, I know about DCA and DCA's feasibility, and I have gained a rough understanding of Bitcoin and Crypto. But I still don't know much about them. But I decided to start investing in Bitcoin. And in DCA I will continue to invest and slowly learn everything about crypto. Hopefully I can move forward in this way.

I'm glad you have already gain understanding about bitcoin and cryptocurrency. For you to be specific in mentioning bitcoin and cryptocurrency I'm sure you already understand the two are different things and you have choose to invest in bitcoin which is very reliable to invest. You have made a good a decision to invest bitcoin, as a beginner will advise you to understand the volatility of the market and never to be worried when it goes dip, because the market won't remain dip forever.

Beginners are always worried about the dip because they do not understand it. You have to be patient and crave to have more understanding because these are the things that can make you to scale through as you invest bitcoin. Try your best to have a source of income that you can always depend on and just invest with what you can afford. Invest at all time you have the opportunity and never wait for the best time of when to invest because if you think their is a best time to invest you may never invest at all.

Great tips for this newbie, I would also advise you to look very carefully at how much free funds you can allocate for investing in Bitcoin using DCA, because it is very important to know your expenses in order to understand what the free balance will be.

Also tip number two: security. Many newbies strive to pass KYC on all exchanges they can reach. I advise you not to rush with this and act thoughtfully. After all, how little to invest and hold, you also need to reliably store Bitcoins.