Quote from: Frankolala on Today at 05:26:43 PM

Quote from: Doan9269 on Today at 04:17:39 PM

Once we follow the required the pattern to go about in making an investment, then we are going to receive the benefits therein because we are almost going to be at the very top of all we are doing, we are going to invest at the right time, because we know the required speculation needed at that particular time.

There is no right tine to start your bitcoin investment because whenever you have the money available, you start right away and not monitoring the market to buy at the dip. This is why we have the DCA strategy to help use buy bitcoin with our discretionary income every week constantly without stress. A new investor that wants to invest in bitcoin and has sorted out how much of his discretionary income is convenient for him to buy bitcoin regularly overtime should start right away and don't miss the opportunity in the market because no one knows the direction bitcoin price will go to in the next moment.

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if we are the type that trade, our trades is going to be a profitable one because we must have seen or sense the coming market sentiment and resistance before any reaction is made.

From your statement above, I knew that was coming from a traders mindset. Trading is gambling and no matter how you think that you can outsmart the market, you will run at loss in the long run. Bitcoin long term investment is superior to trading and will multiple your bitcoin investment in the long run, while trading is the opposite, because you cannot know the price movement of bitcoin which is the magic that makes traders run at loss and not an option for anyone who is ready to build wealth for his future.

New investors should stay away from trading because it will burn you, rather only invest in bitcoin and stay focus on accumulating more bitcoin with your regular DCA overtime for 4-10 years and above for the future. Everybody that understands bitcoin better is becoming hodlers and those who don't understand bitcoin but feel they do will see trading as an option, and will regret in the future.

I agree with your Your advice to Bitcoin newbie investors is commendable. Since the market is 100% unpredictable, it might be completely suicidal focusing on the short term fluctuations of the market, it’ll be more beneficial to develop a long term investment strategy. This involve setting a budget, setting out a particular investment amount that one can invest on a regular basis without feeling overwhelmed and most importantly, sticking to that long term plan for at least for some market cycle. In a nutshell, sticking to the DCA strategy can be extremely beneficial, especially for us as newbies that are still trying to learn how to manage their portfolio and also access the Bitcoin market.