Hi Bitcoiners
Hello fellow Bitcoin enthusiasts! I want to share a personal story and seek your honest advice. Previously, I thought investing in BTC was only for whales and that small investors like myself wouldn't see significant gains. However, yesterday I saw a tweet from someone who invested $500 in BTC when it was at $82,000 and now their investment is worth $3,000! I felt regretful for not investing earlier and wished I had converted my money to BTC. Now, I'm considering a new strategy: if BTC's price drops a bit, I'll invest the money I have and convert it to BTC. Please share your honest thoughts - is this a good idea or not?
First of all is not everything you hear or see online is true be cautious so you won't be scam.
Secondly the idea of waiting for Bitcoin price to dip or drop before accumulating Bitcoin is never a good strategy because it will make you loss alot of opportunities in the market for you might be waiting for Bitcoin to dip before accumulating and Bitcoin keeps on rising, the best thing you will do for your self is to accumulate Bitcoin now if the income is readily available, you can start with the DCA strategy which will enable you to accumulate Bitcoin regularly regardless of the price of Bitcoin either weekly or monthly and continue to hodl as Bitcoin price will definitely rise above it's current price now so you won't regret in time coming for not accumulating Bitcoin now.