Quote from: ejikeme24 on Today at 06:45:45 AM

Quote from: Gost ms on Today at 03:59:38 AM

Your comment seems very confusing. Because it is never right to wait for buying and selling or it is not right to set a time. Because anything can happen in the market at any time. A lot can happen in the market in a minute. An investor should just keep buying. Until his portfolio accumulates a sufficient amount of Bitcoin.

Investment is long-term, never investing in the hope of quick profits. Investment is for the future. Buying during the decline and selling during the rise is never a sign of an investor. Rather, a trader does this all the time. By doing so, he is putting all his money at risk. Because short-term investment has many risks

@ gost ms i think you're the one who is confusing the whole thing here, because i just went through silentcursor comment he didn't said that is good to time the market rather what he said is that (Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it) which is true because if you're this set of investors that always like Timing the market there are some certain opportunity you will be missing, an investor is not supposed to engage him or herself into Timing the market. Just as silentcursor said that Timing the market is mostly used by traders since trading has to do with short time profit, and timing the market is not always that easy for them because there's always a pressure when doing this, Which is why i prefer investing all my money into bitcoin because if you're investing in bitcoin you won't undergo this stress.

It's never a good thing trying to outsmart the market as a Bitcoin investor, because by waiting an wasting valuable time, you might miss a whole lot of buying opportunities that may comes along the line.
The best approach to accumulate Bitcoin in my own opinion is to just buy once your discretionary income is available, and just keeps on buying weekly or monthly according to how much you can do away with for a very long period of time, if in the process of accumulating then their is a dip in the market, you might decide to buy aggressively only if you have the financial leverage to do so, but if you don't have, it's best to stick to your buying routine because the essence of buying in such a manner is to be comfortable while accumulating, not a situation whereby it would start affecting your ability to take care of yourself and your basic needs.