Post
Topic
Board Bitcoin Discussion
Re: When is the best time to buy?
by
Makus
on 22/01/2025, 07:05:09 UTC
A lot of people feel it's best to buy Bitcoin during a dip, others feel quite the opposite.
But the fact is there is no Best time to buy in the market, but rather a right time for you to buy!

Buying during a dip yes is quite strategic but you'll also miss a lot while waiting for a dip.
 Everyone should buy according to their financial capabilities, if you don't have much to buy, and decide to wait for a dip is alright, and if you are financially capable to buy at anytime it's still alright.
N/b you cut your coat below your size and not according, if you want to be a success!.


That is why the DCA strategy was introduced, so that those with little  or huge amout of capital could buy at their own convenience and time in which it pleases them to buy, you don't  necessarily have to wait for the dip alon ti buy. Just as you have stated, in waiting for the dip, you'll miss lots of opportunity since we don know the support level where the dip will break out from. Its best to just DCA and when opportunity comes your DCA could even fall into the dip making in two in one strategy.  But the most important thing about bitcoin investment is that you dont use money supposed for other things to buy Bitcoin so you don't get to make quick withdrawals after which you have invested. Because the major goal should be on a long-term holding plan.