I asked about investing in my local board. The price of Bitcoin has currently increased and touched around 78 thousand dollars, So I want to know here how easy it is to invest in the DCA method? Or investing in memcoins or sheet coins is easy.
You are in the right thread when it comes to starting your bitcoin investment. I can see you are a newbie, and I will advise you to use the DCA strategy in starting your bitcoin investment because it will allow you to consistently accumulate bitcoin without waiting for the price to drop. And since bitcoin is a long-term investment, I will advise you to use the money you will not need for 4-10 years or more to invest in bitcoin so that you will not depend on your bitcoin investment to survive. As for investing in shitcoins, I will not advise you to do that because you lack the experience and knowledge to spot the right shitcoins to invest in, and you will lose all your money if you invest in shitcoins.
Don't assume that all newbies know that bitcoin is a long term investment because some of them come into this space for quick profits especially now that we are in a bull run that have seen bitcoin making new ATH. We should try as much as we can to give them the right information this time around because we have reached the point where there is unprecedented hype on social media about how new millionaires are about to be made through bitcoin.