Re: Buy the DIP, and HODL!

My question is can I be able to buy bitcoin now that the dip has occured.i need to understand how the market works and how to get started although I have not invested online before I mean bitcoin investment,

Hope this is the best time for me to buy bitcoin?

The best time to buy Bitcoin is now. Not in situation where market is at the dip nor the price of Bitcoin is having a good rally thru the bull run effect.

You are making things became more complicated if you always catch those volatile movement of Bitcoin. That's why better to think about better approach with it so that you can less get pressure on accumulate and can look forward to last long in this type of investment.

Bitcoin is not for short term so hopefully you understand the risk and other consequences so that you will not get distract by Fuds in the market.

So better start with your investment now by buying Bitcoin and learn DCA.

I will check mate my self and to think very well with this Bitcoin investment,I believe little by little will help me on this Bitcoin and I will make sure I learn the DCA just as you said.

Thank you very much.

If you try, you will definitely learn because people can do everything if they try. In fact, those who do not have enough knowledge can choose this technique first to start investing. First of all to know about this technique, notice the definition here, using the DCA technique to purchase a fraction of Bitcoin instead of purchasing a large amount of bitcoin, and the purpose of this strategy is to buy each of us regularly Bitcoin. But of course, be sure to keep Bitcoin investment in the long term and it is necessary to make sure that you will purchase Bitcoin on a weekly or monthly basis.

These two articles may be helpful for you to initially gain some knowledge about DCA.

https://www.investopedia.com/terms/d/dollarcostaveraging.asp

https://www.bitpay.com/blog/dollar-cost-averaging-crypto