Quote from: Fara Chan on Today at 08:13:07 AM

Quote from: Youngrebel on January 11, 2025, 08:23:08 PM

Using the words money you can do away with for a period of time will be more suitable for Bitcoin investment instead of saying money you can loss because with the trend over the years it has been in a form of a higher projectile motion where it only goes higher and higher in price. Though there are fluctuations at times in the price that would make investors panic but it is certain that overtime the price will only go higher. Investors should therefore have a fixed mindset towards having good returns and make Long term investment because it will sure give good returns with time.

Bitcoin is already much more valuable than any money at this time because it is due to the very limited supply of Bitcoin so investors do not need to hesitate and be afraid to use their money to buy more Bitcoin even though they themselves also have to set aside a little money for their living expenses every month. Because when investors who continue to routinely invest without thinking about changing or taking it in the near future, of course the profits that they can get will be much more than the target they think. Now everyone and also all investors must buy more often for their investment purposes rather than thinking about price fluctuations or selling in the near future after making a purchase.

Due to the limited supply of Bitcoin its value is increasing gradually. That is why Bitcoin continues its amazing skyrocketing journey which investors are making their deposits with their financial independence. You are right that there is no need to be afraid to deposit Bitcoin because it is reliable compared to other investments. However considering the investment risks you should adjust your deposit tendency with each reality. DCA method to deposit Bitcoin on a weekly or monthly basis and regularly from disposable income. However, you can start with a small part of your income to prepare enough to run the deposit and those who are able to understand their sure thoughts.

It is recommended that you have emergency preparations for the near future and keep discretionary money floating. You should only expect to profit from it if you can hold a decent number of Bitcoins. The decision to sell Bitcoin in the middle of the cycle can be an immature decision. Bitcoin has the potential to survive many cycles that lead for financial freedom.

For Bitcoin we are still not able to understand what the bottom price. As last november the price was around $67k at the lowest we guessed that it would be a good decision to buy at more dips and wait. Conversely, another ATH of Bitcoin price growth occurred last month. You should keep DCA strategy at regular intervals further increase or decrease in Bitcoin price. I think Bitcoin is still in the dips stage.