Quote from: Tmoonz on April 09, 2025, 12:37:36 PM

Quote from: maydna on April 09, 2025, 12:20:10 PM

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I still wondering the kind of research that you are considering for a wise investor to make before buying Bitcoin, I guess you are talking about analysing the market conditions before buying Bitcoin. However, as an investor with a long term goals and objectives, you don't need to make any research about the market before buying Bitcoin, it is complex to analyze the market conditions such that an investor don't need to make investment decisions based on the market in order not to miss buying opportunities while attempting to analyze the market conditions, what every new investor needs is to acquire the basic knowledge of Bitcoin and figure out how much of discretionary income they have to invest in Bitcoin and not to wait till they learn many things since they can be doing that at the same buying Bitcoin with the dca strategy.

You still need to research the market before you buy at least that will give you more information about what happen to the market. If you buy at a high, your average buy will increase so you can make a note in your file or buy trade order.

Even if you use DCA strategy, you still need to know where is the market position, whether if that is up or down. But that will be too complicated. So we will have our own way to do related to Bitcoin investment.

The new investor should know when the time to invest in Bitcoin. Without learn more, they can not just buy Bitcoin randomly because that can make them buy at a high. Besides that, when the price is down, they can panic and worry to see their investment value will go down.

Quote from: avp2306 on April 09, 2025, 12:45:35 PM

Quote from: maydna on April 09, 2025, 12:20:10 PM

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That's the volatile nature of Bitcoin and if they missed to consider this situation then look up those unrealistic pump then provably that they will just get panic if there's a dump will came. But if they are aware and know that long term investment is a best choice for sure they would never engage on something unrealistic about Bitcoin and rather just buy when market is on pump or even in bearish trend.
Research is somehow important but that doesn't mean that they should wait and try to learn many things before investing on Bitcoin since basic knowledge is already enough for them to start.

They would just waste an opportunity if they going to missed buy Bitcoin for many days because they are want. So instead of wasting their time thinking about better approach better act now and aimed to get more volumes since this is more better rather than being skeptical and always think about other technical matters.

The panic will come to those who are not ready. But those who know that Bitcoin will have volatility and they must be ready for that will not panic instead will see the chance to buy back at a low. That is why research still important whether they use DCA or not because research will give more information to them so they will be carefully to act.

If they can research and know when they can enter the market, they will not miss the opportunity. They will not waste their time because they can act at the right time. But this is not easy because they must practice that many times.

Quote from: bitzizzix on April 09, 2025, 12:51:34 PM

Quote from: maydna on April 09, 2025, 12:20:10 PM

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Not only will it change the mindset, but more importantly they must know and make it a motivation to see the track record of Bitcoin's journey to date. And with this they will realize that Bitcoin is very volatile and treating Bitcoin for the long term is the best choice because there will always be a decline, but in the end the price will continue to increase in the long term and the decline that occurs is the process.

And that's what they have to instill in their minds and also have to have strong beliefs because that will make them not waver with the decline that occurs and will continue to buy when the decline occurs or do DCA and increase their routine purchases when the decline occurs and normalize when the price continues to increase and that's how they will get extraordinary profits in the future because Bitcoin is a long-term investment that will never fail in terms of profit as long as they have strong beliefs and strong patience and also its track record becomes motivation.

If they can realize the volatility of Bitcoin they will not have to worry but they will treat Bitcoin for a long term investment because they already have seen how good the Bitcoin perform from a few years ago. They know the decline but they can calm down themselves and research to find the time to buy back at a low. They will not just buy at a random price because they know that the price can go down for more so that is why they don't leave the research while that will help them to decide.

With the decline that happen many times, that will just give them more opportunities to buy back Bitcoin at a low so they will not want to miss that chance. They know that perhaps they will not see that low price anymore in the future especially when the price increase to the highest price.

Quote from: Miles2006 on April 09, 2025, 01:34:16 PM

Quote from: maydna on April 09, 2025, 12:20:10 PM

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Fair enough the whole price situation becomes complicated when an investor stress more often, before buying a person don’t need every details about bitcoin first although don’t get the point wrong but there’s what we call the basic knowledge which involves the necessary information anyone should learn about bitcoin and it doesn’t take forever neither a week. Every process comes with learning when investing gradually such newbie becomes knowledgeable within few period of time while investing, when it comes to allocating the money used for accumulating bitcoin it all depends on the income available and their financial capacity because it varies, there’s a planning involved not just the funds for buying instead other investment backup. Worrying about the price is not necessary seeing other important list provided except the person is a trader, a long term plan doesn’t require price curiosity.

If that investor have a knowledge how to manage the risk and can calm down himself if he face a problem, he will realize and see the way to fix the problem without stress. He can be wise in his decision and will not rush to decide before he know the whole thing and analyze it. Yes, every process comes with learning so when he can learn more about the Bitcoin investment, he will have much information that he can use to solve every problem that he may face. Perhaps, with his knowledge, he will not just invest in Bitcoin but he will also trade because he will see the other chance to make money as his profit. So having much knowledge from our learning will help us to analyze and know what we need to do.

Quote from: Wakate on April 09, 2025, 03:00:15 PM

Quote from: maydna on April 09, 2025, 12:20:10 PM

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Trump has already informed us that it's a good time for us to buy because this is a great opportunity for everyone of us that are in the market for a better opportunity like this.
I will like to give Trump a big kudos for creating tension in the market that made the billionaires to sell their assets allowing the price of both the stock market market and the crypto market to go dip so that we can have the opportunity to buy without panicking.

Those that know how the market works would take this opportunity and starts buying before the bull run will continue. The trade war between US and China is the major cause of the market disruption that have made everyone to be panicking whether it's a great time to buy or to keep holding.

Even that, we must still be careful because we don't know what Trump's plan doing that. He is businessman, politicians and else so he will have many things inside his plan that we don't know. Perhaps he deliberately made the situation like this so he could get something he wanted. But he succeed made many billionaires worry and sell their assets following what happen to the market.

This will not end soon because I guess Trump will make another noisy and make more people are in dilemma and hard to decide. But we can wait for what Trump will do so we can act based on the current situation so just be careful.

Quote from: Mayor of ogba on April 09, 2025, 09:21:05 PM

Quote from: maydna on April 09, 2025, 12:20:10 PM

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Hope you know so many investors are investing and accumulating bitcoin with the DCA strategy, so even though I don't know the kind of research you think wise investors need to carry out before buying bitcoin, I think it's not necessary for them to do so because the DCA strategy has them covered, and they can buy bitcoin with it anytime their accumulation money is readily available, and they won't worry about the price of bitcoin. When new investors want to start their bitcoin investment, they don't need to learn so many things about bitcoin; if they can gain the basic knowledge about bitcoin, they are okay to invest in bitcoin, but as they are accumulating bitcoin, they can be learning the necessary things they need to know about bitcoin.

The research will be about the accumulation of money, how they start, what they need to prepare, and else. If they already started, they should stick to their plan in DCA strategy because many people can not do this especially when they see the market too volatile and the price is up and down. More research will be about what they could do if the market like this, and how they can use the current situation for their benefit. The investor do not just want to have the investment but they also want to know how they can make more and more money. So they will research for other things that can benefit them especially add more profit to them.