Ninjastic
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Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 05/03/2025, 08:04:23 UTC
Quote from: Viktor winer on Today at 02:23:14 AM
Quote from: ultrloa on March 04, 2025, 11:41:29 PM
Quote from: Viktor winer on March 04, 2025, 09:42:29 PM
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.
With the way you are asking questions to get a clear understanding about bitcoin investment before you can start investing in bitcoin, it shows that you are determined to invest your money into bitcoin, but I want you to understand that you can actually start your bitcoin investment without knowing everything about bitcoin. Instead of wanting to know everything about bitcoin before you can invest in bitcoin, if you just know the basics about bitcoin and you have a steady income, you are in a good position to start your bitcoin investment, and alongside your accumulation process, you can keep on learning about bitcoin to totally understand bitcoin and how bitcoin investment works. The DCA strategy is the process of accumulating bitcoin little by little with your discretionary income either on a weekly or monthly basis. I can see some useful links that are shared with you, which will help you get a broad knowledge about the DCA strategy, but I want you to understand that it's not compulsory that your DCA money must be a fixed amount so that you will not try to maintain a fixed amount whenever you want to accumulate bitcoin and put yourself in the position where you will struggle to sort out your daily expenses because some of the links that are shared with you will tell you to use a fixed amount when accumulating bitcoin with the DCA strategy. The best way to invest in bitcoin with the DCA strategy is if you are being paid $100 as your monthly salary before you invest in bitcoin, you have to sort out all your expenses for that month, and the leftover money is what you will use to invest in bitcoin so that you will not find it difficult to hold your bitcoin for the long term.