Quote from: Ricardo11 on December 17, 2024, 02:19:08 PM

Quote from: Solokan on December 17, 2024, 12:39:20 PM

Quote from: Moreno233 on December 12, 2024, 07:32:39 PM

While we are busy with semantics of what poverty is and what it is not, Bitcoin have crossed $100k again and there are chances it will go higher. Perhaps we could also figure out how to make good use of the time we are in to buy more Bitcoin now that there seem to be a minor consolidation around the $100k price area. If there is any time to take buying Bitcoin seriously, now is the time because the price is still fairly low compared to when US and other countries that are considering making Bitcoin their reserved currency, will start buying Bitcoin, that is if they were not just being politicians when making those fine pronouncements. Nevertheless, we can never go wrong by buying more Bitcoin and expanding our portfolio.

Yes, now is the right time to buy BTC and of course, even though BTC prices are rising, of course in the future we will have the potential to find BTC prices at very expensive prices and that will definitely be more than today. Yes, I also predict that BTC will rise even higher because it seems like people are now starting to realize that BTC is a safe digital asset.

Yes, coincidentally, for me at the moment I am still making the most of my time by continuing to buy BTC, but for me now I am more focused on DCA and not looking at the price of BTC because I am collecting it for the future which is definitely more than 10 years, I will hold it and will not sell it.

but for me personally of course I don't know the time to buy BTC, so in my opinion, anytime is the right time to buy BTC because I'm sure BTC will not disappoint its holders. but yes, if we buy now, it is true that we will get BTC at a price that can still be said to be cheap because of course in the future we will not necessarily find BTC prices at current prices. but of course we have to buy with money that is ready to lose and be ready to take risks and we also have to have reserve funds so that when we invest in BTC we are comfortable.

I also agree with you, actually if you study the future possibilities of Bitcoin, the current price is not much higher than the possible future value. And if you want to take advantage of this future opportunity, instead of waiting for investment, you have to start investing now.
And of course, you have to plan for long-term holding, new investors may be scared by short-term fluctuations in the market, but they should understand that such fluctuations will always be there, but despite these fluctuations, Bitcoin will continue to grow in the long term, Because this is how Bitcoin has continued to rise to $107K today. so you should always ignore them and plan for the long term.
Bitcoin will continue to grow and continue to grow, since Bitcoin has been able to go from $0 to $100K, then $100K to $1M is never impossible. Seeing the success of $100K, no one can be more stupid than those who have not yet believed in Bitcoin. And because of their disbelief, they will regret it the most in the future.
So buy Bitcoin, buy Bitcoin any time when you can afford it, "anytime is the right time to buy Bitcoin" (if you plan on long-term DCA investment). Because when you holding in DCA for the long term, (for At least 10 years) only then can you achieve real success in Bitcoin.

Indeed, for a beginner, of course there are times when you are afraid when you see the BTC price which is always fluctuating and to be honest, I also experienced times when I was afraid when buying BTC and I always looked at the BTC price and fear often emerged, such as being afraid that the BTC price would fall when we bought it. However, after seeing the discussions of people who were great at investing in BTC, I started to often apply the advice of those who were experts in investing in BTC and so on. and finally I started to know a little more about the correct procedures for investing in BTC and what I like most now is DCA regularly according to my ability.

Yes, it's absolutely true and I have also implemented that system because the longer we hold BTC, the profits will potentially be bigger and to be honest, if I personally have the goal of holding BTC for more than 10 years. Honestly, seeing the small supply of BTC and the large number of people who want to buy BTC makes me believe that the longer we DCA and hold BTC for the long term, the better it will be because of course our number of BTC will increase.