Quote from: Sim_card on December 09, 2024, 08:20:27 AM

Don't rush into investing in bitcoin because you are seeing how the price is pumping. You should know that we are in the bull run so you don't do it out of FOMO and think that the price will only keep going up. Bitcoin is not a get rich quick scheme, so don't use the money for your important needs to invest because you are after quick profit. Only use your extra cash to invest in bitcoin so that you can hodli for long and increase the size with DCA overtime. Bitcoin investment is risky and you can run into big loss if you invest in the wrong direction.

Good advice, patience is definitely the most important thing for Bitcoin investing and you can't rush into investing. We have seen that Bitcoin is volatile so the investment should be such that it does not cause us any losses. During the bull season, it is important to conduct investment activities by researching a more self-aware method and considering how you are prepared to participate in the way Bitcoin is changing its pace. During the bull season, I think we can buy Bitcoin from a specific fund and hold it for a long time without rushing. And those who have low incomes should conduct investment activities little by little and adopt a DCA approach in the long term to participate in this bull run.