Quote from: Gost ms on April 11, 2025, 06:55:16 PM

Quote from: maydna on April 10, 2025, 08:55:26 AM

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

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

~snip~

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.

I cannot agree with your comment. I think there is no need to do market research before investing. When you do research to invest. Then if the market does not come in your favor then you will wait to invest. This is not the right method of investing. It seems that you do not have proper knowledge about the DCA method. If you were aware of how the purchase is made through the DCA method then maybe you would not have thought of doing market research before investing.

Doing market research before investing means that a person will be discouraged about the market without any idea. He can exit without starting the investment by adopting a negative idea about the market. Moreover, when the investor invests, he should have the attention to learn that matter, which will also fail. There is no need to do market research in investing in Bitcoin if he has decided to do DCA. For those who know about the long-term Bitcoin DCA method, the fall and decline of the current market will not have any negative impact.

DCA method is an effective method for investors to buy relatively safely from any situation in the market. An investor may not be aware of the volatility of the market. He may also be scared by the volatility, but when he only trusts in the actions of DCA, he can increase his investment without any panic. Market research is certainly good, but before investment market research is worthless.