Quote from: Justbillywitt on Today at 06:23:00 PM

Quote from: ginsan on October 17, 2024, 09:10:06 PM

Quote from: inearth on October 17, 2024, 05:40:24 AM

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.

Keep your idea of DCA and never be tempted by other methods that can confuse you with the situation in the investment you are making.

You are sounding as if the other methods of bitcoin accumulation is a crime or they are something that are forbidden. Those other methods are there for bitcoin investors. He has started with DCA that's good and fine, but if it happens that money enters his hand and he decides to lump sum into his investment, I don't see anything bad in it. It depends on the circumstances he finds himself, if he chooses to utilise all the 3 methods of bitcoin investment I don't see anything wrong with it either.

It is only the matter of how many Bitcoins you have in the end ? You can accumulate by DCA or any other means, at the end of the day if you have Bitcoins, you are th real winner 🏆.