Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Who says it's too late to buy Bitcoin?
by
Adams0001
on 15/01/2025, 15:59:54 UTC
⭐ Merited by JayJuanGee (1)
My journey in the Bitcoin ecosystem is not very long, but from the Bitcoin forum and the advice I have received, I think it is still a good time to buy Bitcoin. If I had enough money, I would buy Bitcoin and hold it. Since I came, I can see that Bitcoin is constantly increasing, maybe there will come a time when the price of Bitcoin will be very high, then I may have to regret it.

You don't really need much money to start your Bitcoin accumulation journey considering the fact that you are going to be necessarily be buying a whole Bitcoin but a fraction which is called Satoshi with as little amount that you be comfortable with, the DCA strategy has make buying of Bitcoin flexible such that you can either be buy weekly or monthly irrespective of the price points on different intervals. However, the DCA strategy is most effectively and efficiently utilize by being consistent with your purchase to enable you be increasing the size of you Bitcoin over time while holding for long term plan. It is also important that you build or make a provisional emergency funds so that you will not sell your Bitcoin investment to solve your emergency needs.

You can invest in bitcoin for as little as $1, however, your profits will not be as high as those of those who invested large sums. So all you have to do is invest the bare least that you can afford to risk, and then leave it for the long term, and you will undoubtedly earn handsomely when the market does well. Bitcoin investment done has anything like investing late because is volatile and anytime he pumps and drops so is just for you to invest and stay patient and you will definitely see profit returns but when you are someone that is very risky to invest are most people that is very difficult to them progress on crypto investment, because they always scared to invest huge amount on it.

Bitcoin will always be the best and you should not be afraid to invest in bitcoin because if it is not beneficial you should have heard it from long term already because bitcoin is not something new and people always say good about it because they are getting huge profit on it so continue investing and don't be deceived by others who always say you should stop investing is not the right time to invest, anytime you are on funds try and make an investment.

So don't be afraid to invest, it's just that you should always think and invest what you can afford to lose, and when it comes to investing in bitcoin, I don't see anything about losing because when you invest and hold, I'm sure the price will definitely increase again and you'll make profits, but when you're not patient enough, that's when you'll lose about bitcoin because when the price drops and you don't keep it for long and sell it out, that's when you lose on it, but if you can leave it you will definitely succeed, everything is just matter of patience.