Quote from: Gallar on Today at 03:16:55 PM

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.

If you want to invest in bitcoin, of course you must first learn how to do it step by step so that your bitcoin investment goes well.

I personally would suggest you to learn about wallets first. Because if you don't understand this, I think it will be a problem. Because a wallet is where you store the bitcoins you have. So don't store the bitcoins you buy on the exchange, because it is very risky. That's why I suggest you learn about wallets first. Then if you already understand about wallets, then you can buy bitcoins on the exchange and send them to your wallet. Also, don't forget to be more careful when you are going to send your bitcoins to your wallet. Because if you make a mistake with just one letter when you enter your wallet address, of course it will result in your bitcoins being lost. That's why when sending bitcoins to the wallet you have to be more careful.

Then after you can practice it, then you learn the buying strategy. One of them as said by ultrloa is the DCA strategy. DCA is indeed a very effective buying strategy and is widely used by bitcoin investors. So if you are interested in learning this strategy, then learn it. Because in my personal opinion, the DCA strategy really doesn't make us dizzy. Because we don't really need to look at the price when buying bitcoin with this DCA strategy. So this strategy will definitely be very suitable for those of you who are still beginners. Also, don't forget to learn about risk, because in any case, investing in bitcoin also has risks, even though they are small. So you still have to learn about risk management, such as only investing using cold money.

There is no reason to learn all of the things that you mentioned prior to getting started buying bitcoin. The more basic things to figure out is whether you have any discretionary income or not, and once you figure out that you have discretionary income then to invest into bitcoin from within the boundaries of your discretionary income. .. and sure at the same time, any newbie will have to figure out from where they need to source their coins.

So, even if each person needs to work on learning about bitcoin, learning about wallets and learning about various aspects of their cashflow management, these are not needed to be learned and/or perfected prior to starting investing in bitcoin, yet surely the more that any of us invest, the more we likely need to make sure that we are comfortable with various of the details. We may well then be in a better position to start out our bitcoin investment conservatively and to work up our level of bitcoin investment as we become more comfortable and more knowledgeable.