Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
I_Anime
on 08/02/2025, 21:29:17 UTC
Bitcoin has lot much stuff to learn not just the wallet. See the "Development & Technical Discussion"  section and one can find there is lot much to learn in bitcoin like ECDLP, secp256k1, digital signatures and more. If one is interested in learning the underlying technologies then he is welcome to do that along with investing in Bitcoin. Since it will be fun to see how your money is stored and secured on Bitcoin Blockchain.
Agree that there can be a lot of interesting things that people can learn about in relation to bitcoin, and some of them relate to technogology and there are a lot of other areas too, in order to become more and more familiar with bitcoin as we invest into it.  Of course, people are busy with other things in life too, including their work, family, hobbies, and so they might not always have time to fit in learning more about bitcoin, which surely can help them feel more comfortable with it.
Just like we have two ways of accumulating Bitcoin, continue to invest small amount regularly or go bullish in accumulation.

We have three ways of buying, which is DCA, lump sum and buy on dips.

We have other ways to accumulate bitcoin, such as work for it or mine it.. and perhaps trade... ..or steal it.. .. but I think you were referring to accumulation in the form of ways to buy it?

Likewise, one can follow a strategy where we can give small time to our area of interest in technology part of bitcoin or give lot of time studying or exploring that feature. The later one will lots of time and effort and in that phase one has to sacrifice time given to family, friends, hobbies or other stuff. I think best is whichever technical area you choose, just give small amount of time regularly to enlighten the beauty of what lies underneath the beautiful Bitcoin.

For sure bitcoin has a lot of angles in terms of learning about it, analyzing it from various angles, spending time and energy, or attempting to share what has been learned with family and friends.
And to those who want to invest in Bitcoin, I would personally say that when you buy Bitcoin, go long term.  And of course, you will get Bitcoins at the price you deserve, and Bitcoins cannot be bought at higher prices.  If necessary, take time to buy bitcoins.  Bitcoins should be sold when the price rises, and kept in stocks when the price falls.  Only then can you profit from Bitcoin.

And you mentioned one should go for long-term investment in Bitcoin, and you are same person saying that folks should sell only when the price rises , which scream out trading ( because only trading you buy at low price and sell at Higher price while playing with the market wave) , and know this Bitcoin price wait for no one so is either you start now or keep procrastinating is on you Bitcoin won't dip fit you to purchase, bitcoin dipping to your target price is under probability, that's why we usually make use DCA because we can't actually time the market ( knowing or finding the perfect entry), and don't forget you can't make a better profit with a low Bitcoin stacks In your portfolio that's why you have to accumulate first before thinking of profit.