Quote from: Tonimez on Today at 10:52:36 AM

Quote from: Justbillywitt on Today at 10:38:27 AM

Quote from: Umulala-alala on February 23, 2025, 07:33:24 PM

Quote from: POPOLUV on February 23, 2025, 05:13:18 PM

I'm very pleased with this your statement, will i said that you red my mind because you have just spoken my mind relating to accumulating of Bitcoin journey and wait for dip, and it is a message to all investors that has not started buying or accumulating Bitcoin should start now that Bitcoin is cheaper because in years coming who knows what Bitcoin will in the market, so buying and selling should not be your option.

No don't wait for dip before you can buy bitcoin as a new investor buy regularly use the dollar cost averaging method to buy because it will make to buy even if bitcoin price is high or low it could be weekly or monthly buy regularly for 4-10 and hodl.

Also you can say that bitcoin is affordable but not cheap you can not say that bitcoin is cheap looking at the current price but it doesn't require to break a bank to buy bitcoin.

If you read his statement very well, you will understand that he's being futuristic regarding the price of bitcoin. And he's quite correct about that. As an investor whose aim is for long term hold, you will agree with me that the price of bitcoin now is cheap as compared to what the price will be in 5 to 10 years from now. That being aside, bitcoin is still very undervalued currently, as there many speculations about bitcoin getting up to $200k and $250k this coming bullrun. So anyone who's saying that the price of bitcoin is still cheap is not wrong. Having fully understand the potentials of bitcoin, and it's limited supply, I can boldly claim that bitcoin is still very cheap presently.

When it comes to bitcoin investment, bitcoin is neither cheap nor costly. Focusing on the price of bitcoin won't do anyone any good instead investing with a mapped out fund best by discretionary income. Checking the price of bitcoin can also hinder someone from investing when you consider the fact that accumulating up to 1BTC by DCA could take a lifetime for very many investors. This also doesn't make bitcoin too costly to be invested in because bitcoin is like a noble employer, he pays everyone according to his talent (Investment). By DCA, anyone stands a chance to reap big when the harvest comes later.

The problem is that beginners want to measure with old investors even when their income doesn't match and they end up selling off their bitcoin in every slight wave.

In fact, if you want to achieve real success from Bitcoin investment, So instead of worrying unnecessarily about the price of Bitcoin, And rather than always focusing on the price of Bitcoin, You should only focus on long-term investments. Especially through DCA. Actually, never worry about price fluctuations, focus on building your portfolio. If you build a good portfolio, it is definitely possible to profit in the future.

To profit from Bitcoin investment, the first rules/thing is "not to sell your bitcoin holdings". The price is falling, do not sell holdings, let the price fall more, and buy more without selling. The lower the price you buy Bitcoin, the more Bitcoin you can accumulate. And the more Bitcoin you can accumulate, the more profit you can make in the future.

Without worrying about small waves or price fluctuations, If you have faith in Bitcoin, just hold it. Think long term instead of short term gains. And invest some amount of money every month or week through DCA regularly. Keep making Bitcoin as part of your long term portfolio, then the real bright future of Bitcoin is definitely capable to giving you much bigger success.