Post
Topic
Board Bitcoin Discussion
Re: I need a Bitcoin investment advice
by
KjellBlocks
on 21/01/2025, 06:48:11 UTC
Hello, I have been wanted to buy Bitcoin for some time now and I have been looking into Bitcoin.

I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.

I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.

When I'm paying attention to the news I hear a lot. Many voices claim Bitcoin will moon and skyrocket to new all time highs in 2025, they talk about 200k or 300k $ per Bitcoin. Others are talking about a crash to 60k $ or even lower, from which Bitcoin will start to recover. The scheme from 2020 to 2022.

Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.

I will store the Bitcoin on a cold wallet, I have already thought about it.

You could consider starting with dollar-cost averaging (DCA) instead of trying to time the market. This means buying small amounts regularly, regardless of the price, so you dont risk to time the market. Bitcoin price can be unpredictable, and even if it dips, it usually recovers over time. Many long-term holders swear by DCA because it smooths out the highs and lows.

Since you're thinking long-term and already planning for a cold wallet, you're on the right track. Just stay consistent, use trusted platforms and keep your private keys safe.