Quote from: BtcoverCash on November 21, 2024, 09:38:40 PM

Quote from: Amphenomenon on November 21, 2024, 09:20:41 PM

Quote from: _act_ on November 21, 2024, 09:05:04 PM

It is better you invest low amount of money on bitcoin right now. If your salary is $400 monthly, you can be investing like $20 on bitcoin which is 5% of your monthly income .

I think you misinterpreted something from Op. Op meant he/she has will be able to invest $300-$400 monthly, i don't think this means he/she earns that figure monthly.

Quote from: _act_ on November 21, 2024, 09:05:04 PM

The price is high already but there is tendency that the price might go up. If you can be patient, wait until the next bull market begins after the coming bear market to invest more. I may not be absolutely right but that is my opinion.

I think this is dependent on the Op investment plan, how long does he/she wants to HODL the coin before taking profit.

While the price of bitcoin seems like crazily high now, people current view of the market shows even after hitting $100k many will still be HODLing maybe probably to the 150k. This means Op can still invest now but that doesn't means he/she should just go all out because can go side ways at times and so it's important to invest, what will not make life difficult for you in order not to sell your coins in lost. Also, if your plans is actually a long term like 5 to 10 years, you won't have to worry much about the current price because there's an high tendency of it already passing $200k by then.

Exactly 300-400$ is not my salary but a budget I can invest and afford to lose .

I want to make a long term investment here .

Thank you for your reply fam

If this is the case, go ahead and accumulate Bitcoin as you like, but make sure you don't store up your Bitcoin on crypto exchange, or tell friends and families the amount of Bitcoin you have accumulated because nobody is to trust these days with your Bitcoin worth known to them. Keep your Bitcoin holdings private, and don't forget to keep your private keys in a safe place where you can't misplace or forget them.

That being said, I wish you success in your accumulation of $300 in Bitcoin every month. It's profitable months we have ahead of us in Bitcoin investment and accumulation