The First bitcoin investment in my life.
I started the first investment of my life today, it's a new experience for me. Although it is much less in amount, but I will continue it regularly, and thus hopefully one day my portfolio will be much bigger. I have high hopes for Bitcoin's potential and its future. So I will now convert this investment into a long term plan and invest regularly on a monthly basis. I have learned about DCA, and I am proceeding through this DCA from now on. For newbies like me, I say, research properly and keep yourself updated and go ahead with a long term plan with faith in Bitcoin, hope everyone can succeed in this journey one day.
Congratulations on your first bite on investing in Bitcoin, this is a very good decision you've made and one you'll forever be grateful to yourself. I'll love to mention that this decision required great consistency and dedication to keep it rolling and to maintain your investment untampered, you'll have some backup emergency funds just in case you have to service one. If you must continue your commitment in your investment, you must plan your finances properly and be sure to use your discretionary income for your investment. Never panic when you default, it would take you some time to find the appropriate pattern you'll follow to service your DCA regularly.I started the first investment of my life today, it's a new experience for me. Although it is much less in amount, but I will continue it regularly, and thus hopefully one day my portfolio will be much bigger. I have high hopes for Bitcoin's potential and its future. So I will now convert this investment into a long term plan and invest regularly on a monthly basis. I have learned about DCA, and I am proceeding through this DCA from now on. For newbies like me, I say, research properly and keep yourself updated and go ahead with a long term plan with faith in Bitcoin, hope everyone can succeed in this journey one day.
You're also going to be building your emergency funds alongside your investments so it would be enough for a fallback plan and would help you not to touch your investment for a long term and don't forget to embrace decentralization as centralized exchanges are not to be trusted.