Quote from: EarnOnVictor on December 03, 2024, 01:15:02 PM

Quote from: danadc on December 02, 2024, 08:56:32 PM

Quote from: As-Soon-As on November 18, 2024, 04:15:34 AM

The more bitcoin you collect the more profit, because you can store it for a long time and this will be the DCA method. But currently if someone invested in October and his investment increased by 2 to 3 times in November then surely most success is possible with proven bitcoin long term holding.
Note that the bull market is not over yet, so even with bullish prices, if you hold Bitcoin with the DCA method, you will save on the purchase price. That's why DCA method is the best and has the most role in Bitcoin investment, so you accumulate Bitcoins little by little in which you can accumulate the maximum . And stay away from bank deposit, deposit bitcoin money.

My goal is to be able to get the bitcoin using the DCA method, no matter how long it takes me but even if the price of bitcoin Increases I will continue to accumulate anyway, I don't care, seeing that the money in fiat increases there are Emotions , but more emotions seeing that the satoshis grow, and that is what many should see that a bitcoin is that, a btcoin, which is the goal, I hope this can be done for more, but I'm sure that if I make 1 btc then I will continue to make the 2nd, that's the idea , that's the purpose of this.

By virtue, anyhow you plan your investment in Bitcoin is not the issue, just continue to have that stash of it until your joy is full. The DCA approach is good but some are just buying when they have extra money regardless of the price, they use it as their means of "savings" instead of wasting their money in bank accounts. That was what I did between 2022 and 2023, and today, I tell you that I am very happy with the decision.

You are very wrong; if you don't plan your bitcoin investment in the right way, I bet you will sell your bitcoin investment along your accumulation journey just to survive. For instance, if you use the money that is meant to sort out your daily expenses to accumulate bitcoin or you use your whole money to invest in bitcoin, you will end up selling your bitcoin even though you are at a loss to sort out your daily expenses. We should always use the money that we will not be needing for like 4-10 years or more to invest in bitcoin. so that we will not be in a hurry to sell our bitcoin investment, which will allow us to hold our bitcoin for a long time.

Quote from: Tamaperdana on November 30, 2024, 01:03:35 PM

And I remind you, if you have bought bitcoin and stored it in your wallet. Don't forget to write your wallet phrase and keep it in a safe place. Then the paper containing the wallet phrase code must be laminated directly. So the paper is not eaten by termites and remains safe even if stored for years.

I know you are a newbie, but I want you to understand you don't need to wait until you buy bitcoin in your bitcoin wallet before you can keep your seed phrase or private key safe. Immediately you create your bitcoin wallet, the next thing to do is to write down your seed phrase or private key on a piece of paper and store it in a place that is only known to you and free from natural disasters. And also stop connecting your phone to public WiFi so that you will not expose your bitcoin wallet to scammers, which will give them access to your bitcoin wallet.