Quote from: Ever-young on Today at 11:33:47 PM

Quote from: Loyang on Today at 06:35:43 PM

Quote from: CageMabok on Today at 06:09:07 PM

Quote from: Stormisover on Today at 11:28:38 AM

Being conservative should only amount to the level of doubt that anyone is having within themselves about Bitcoin investment, the question about not investing aggressively with a large portion of money should be ascertain if the money is not discretionary whereas if the money is discretionary income then it shouldn't be a problem in my opinion. I want know more about the early 2023 phase of the market you are talking about, like what exactly are you talking about the market?

The early phase of 2023 is the phase where the Bitcoin market is still in very bad shape and can be considered the best point for anyone who dares to buy Bitcoin because at that time Bitcoin is still quite close to the price of $15K or around $16K which means that it is a super decent price level for anyone to take advantage of in terms of buying as much as they can. I will show you a picture through what I see on tradingview so that you can have a pretty clear comparison when you want to compare the price of Bitcoin in early 2023 with the price of Bitcoin this year. Because at the end of last year there were also many people who regretted not daring to buy Bitcoin at the beginning of 2023 and that will not happen again this year for Bitcoin.

The Bitcoin market is very volatile, you never know what will happen in the market. The market can fall at any time and the market can rise at any time. An investor should never look at the price. He should continue to buy continuously until he has accumulated a sufficient amount of Bitcoin in his portfolio. Hold it for the long term.

@Loyang, you don’t need to look at bitcoin price before you can buy bitcoin which is correct but their is not wrong in buying bitcoin at a discounted price I mean if you can run into the opportunity of buying bitcoin when the price is low you can take advantage of that and acquire higher volume of bitcoin using little allocation or reserve money, which is why some consider a particular point in time as the best time to buy bitcoin because it gives them opportunity to acquire it cheap and other time as a normal market time which you can do your random accumulation base on what you have to spend.

You cannot say when the right season will be ready, that is why it is important for you to buy Bitcoin regularly, because if you invest in Bitcoin regularly on a weekly basis, you will definitely be able to make a suitable investment because you will be able to buy deep constantly. If you can invest in Bitcoin regularly, then you will definitely be able to do your market research and buy at any moment because when you calculate the average, your purchase price will definitely decrease.
The DCA method is economical because the more you buy, the more your purchase price will decrease because you will be buying dip constantly. And through this DCA method, you will be able to hold Bitcoin for a long time.