Quote from: Agbamoni on Today at 03:02:51 PM

Quote from: Justbillywitt on Today at 08:28:43 AM

Quote from: sotelorene on October 13, 2024, 09:35:57 PM

Quote from: Mayor of ogba on October 13, 2024, 12:59:42 AM

You know too well that anyone who starts a bitcoin investment at any time can possibly get a profit if that person gets it right with his bitcoin investment, but yet you still went ahead to say now is the right time to invest in bitcoin. But I want you to know that there is no best or right time to start a bitcoin investment; the right time to start a bitcoin investment is when your bitcoin accumulation money is readily available and you use it right away to start accumulating bitcoin with the DCA strategy either on a weekly or monthly basis, but if you have a good source of good, I would prefer accumulating bitcoin with the DCA strategy on a weekly basis to enable you to be more fast in your bitcoin accumulation journey.

For sure, you are absolutely correct there is not time someone will start Bitcoin investment that he or she won't make it provided they are doing the things that is required of

When it comes to bitcoin investment, the time we start our accumulation journey does matters a lot. It's true that anytime you start your bitcoin accumulation, you stand a chance of making it. But it can't be compared with someone who started years back before us. Those who started bitcoin investment 10 years ago will always have a better success story than those who started their accumulation journey 10 years after. Their success level won't be the same. That's why you always hear people saying that the best time to start your investment was yesterday. Any success you will record if you start your bitcoin investment today or tomorrow, those who invested 10 years ago and are still holding will still benefit from it.

Someone who bought 1 bitcoin at $3k and someone who buys at $65k, will they have the same success story? Even though the person who buys at $65k will make profit when bitcoin makes an upward movement. The person that bought at $3k will still be in more profit. Because they are both holding and keep profiting form the price increase. So time spent in accumulation of our investment is really crucial to an investor's profitability in bitcoin.

I agree with you here. The period we start our investment really matters a lot. Many procrastinated in the earl time and now they regretted why they didn't start accumulating Bitcoin when it was more affordable and didn't worth much. Now the price of Bitcoin looks like its beyond us to invest (i guess that is how so many persons see it) but truly time will tell. There will come a time when those who are procrastinating now would probably say they wish they had bought Bitcoin during these time. Since the price of Bitcoin increase with time, there is possibility that the rate at which it increased will be greater than the inflation rate. Which means it is very promising in the long term.

There is the saying that the best time to invest in Bitcoin is now. And am fully in support. Its always best to invest in Bitcoin while we can, as long as we can afford it and still live comfortably with reserve then we ready to start investing.

You are making sense though but the reason I said it doesn't really matter is because there are people who started this investment (Bitcoin investment) for years but yet they don't have something to show forth and some don't even have enough Bitcoin in their portfolio but I can tell you for free that, there are some investors who started Bitcoin recently but they have gotten a good figure of Bitcoin than some investors who started before, I think the most important thing is how consistent and the figure one is accumulating in a week or month that is to say the growth of our investment is the function of what we are using to accumulate and the rate at which we are accumulating.