Post
Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
Zackz5000
on 22/03/2025, 22:17:44 UTC
I want advice from those who have been working in Bitcoin for a long time and some advice on how to do something good if I work on it is good for those who are new and want to work with Bitcoin.  Because new bitcoin users don't know when the price of bitcoin goes up and down sometimes.  That may not do any good by buying bitcoins.
Traders see when prices will rise and when prices will fall. Now if you wait for the price to rise and fall then you can be compared to the trader. Because long-term investors never wait for prices to rise or fall, they aim to hold for the long term. Now if you wait for the price to drop you will never find the right time, you will miss some opportunities waiting for the price to drop. So if you have a long term investment plan in Bitcoin, don't focus on whether the price is going up or down, start investing with DCA method. If you invest in the DCA method, you will have the opportunity to buy bitcoins at the average price.
No body knows when the price of Bitcoin will rise and fall even the so called traders you mentioned don't even know what they do is that they wait and monitor the price when it will fall and when it dip they start accumulating and when it starts rising they sell off that's what traders does they don't really know when the price of bitcoin will rise and fall.