Quote from: Justbillywitt on November 11, 2024, 08:39:12 PM

Quote from: adultcrypto on November 10, 2024, 02:44:10 PM

Quote from: Mayor of ogba on November 10, 2024, 01:12:37 PM

Quote from: Student of Bitcoin on November 10, 2024, 04:38:59 AM

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.

All the right information that they need to know about bitcoin, and how to go about it are already discussed in this thread. I don't think there is nothing more that we can do for those newbies that are coming into bitcoin investment now, other than encourage them to go through the thread and ask questions where they are confused. A lot of people have shared their vast knowledge about bitcoin and their experiences here, so it is left for the newbies to show some level of commitment, by going through the thread and get whatever information they want.

You should understand that this thread is voluminous for newbies to go through before they can ask questions about what they need to know about bitcoin investment. There's always room for newbies to ask repeated questions on what they want to understand and when they seek for more clarity. Besides there are times when a newbie or any other person will come across an explanation about something they want to know but might not be satisfied with the response they got from a particular user, which will make them want a more broader and clearer understanding from some other users. Newbies are always eager to learn and know their way around so you can't completely blame them because if you reflect at when you were a newbie and came across this thread, you may find out you did similar things but all are just within the newbie era. However, everyone is open to discussions in this thread irrespective of being a beginner or not.