Have you being considering on buying bitcoin, then take into consideration these few advise.
- Have a designated fund for your investment and ensure that you don't rush to invest, instead find a suitable entry point and buy the dip, additional, you can use the DCA strategy if you think its more convenient for you to buy steadily and not at once
- Also, consider that you have made the right decision in going for bitcoin and choosing of a non custodial wallet for your holding, avoid fear of unnecessary demand, fear of missing out , because they can push you into making a hasty decision on selling when it is not yet time to do so, therefore its important we develop a more thicker skin as investors as the market reacts on many things happening around.
You are right about making proper planning before going into investing in bitcoin ( yeah bitcoin investment is all about making the right call and proper planning) , but the extent of waiting for better entry point sounded more like trading ngl, yes buying at the dip is nice but waiting for it before investing is not , imagine someone back then when bitcoin was at $5k and the folk was like am gonna wait till it drop to a certain price and it didn’t rather it kept surging till now and created countless ATHs , now the price is around $93k do you think such folk will have any zeal to buy again and if for instance he end up taken the bold move to buy he will buy at higher rate compare to when the price was still at $5k and he would been in a good profit if he hold till now .
So is better to take action now to be in a safer side so that you won’t be among those fellas they will endup saying had I know , which will not change a thing rather only brings regret.