Post
Topic
Board Speculation
Re: Is buying bitcoin everyday a good strategy?
by
edy_58
on 19/02/2025, 05:37:31 UTC
I think it is not necessary to buy bitcoin everyday specially in times of bull season, because it is so risky to buy btc during bull season, the best time to buy bitcoin is during the dip but not everyday we need to make a proper timing to buy because it involves capital so we need to be careful to avoid loss.
When someone wants to collect Bitcoin every day, of course this will be very difficult for them to manage their finances for daily needs and also to collect these assets and moreover the price of Bitcoin has high volatility but if we want to buy it once a month I think it will be better and we can first prepare the funds that we will invest and also wait for the right time to buy it and can hold it in the long term it will be better to be able to generate profits from holding these assets and related to the funds that we will invest, of course we must be able to hold it in the long term so that we don't have difficulty when we have run the investment, we don't have difficulty in maintaining the assets and we don't have to sell again before the target we want is achieved.