Quote from: danadc on July 16, 2025, 08:53:12 PM

Quote from: adultcrypto on July 16, 2025, 06:55:54 PM

Quote from: Cpt_reader on July 16, 2025, 04:26:49 PM

I also think so. It is better to buy through P2P by creating an account on a good exchange and verifying it. It is better to adopt the DCA method. You can buy weekly or monthly amounts of $20, $50, $100. It is better for traders to wait for the market to fall but not for holders. After buying $500/1000, you transfer your high security to a wallet. I created a wallet, saved the phase well, kept the wallet address, deleted the wallet and only transferred bitcoin from the exchange to that wallet address and I think this is safe and good. And I wrote the phase of that wallet in a diary and told my wife because if I die, she can find them.Because a few days ago a boy in our village died. He held Bitcoins like this but we don't know his wallet phase so they couldn't be saved anymore.

Some of your points are very good but some need improvement. Buying from CEX exchange is not bad especially if you are withdrawing weekly or monthly into your private wallet where you control the private keys. It will only be bad if you buy and keep them in CEX instead of withdrawing to your wallet. However, it is better to use DEX exchange to buy your bitcoin if you don't want to submit KYC.

Secondly, you should not wait for the market to dip before you buy, I know you referenced that to be what traders do but it is better we keep traders out of this discussion since what we are discussing is long term investment and not trading. Therefore, the DCA method is just enough for anyone that want to accumulate bitcoin for long term.

It's not a bad idea to wait for the price ofBTCto drop before buying , but right now it's prudent to adopt the DCA model or method, It's the best thing to do, the price of BTCis rising and will likely rise further and if that's the case, you should still buy, even if it's just a little, the idea is to always follow that little impulse to buy, The more BTCyou buy, the more you'll have You have to see BTC as BTC and not so much for its price, If you accumulate more BTC, it's always much better, It's an investment in your future.

When an investor invests, he will naturally try to buy Bitcoin at a relatively low price because at that time he will think that the lower the price he buys Bitcoin, the more likely he is to make a profit in the future. There is nothing wrong with doing this or waiting for the price to come down, but many times it is seen that the market goes up further while waiting, which results in that investor not investing anymore. When the investor plans to invest and despite planning, when the investment is not successful, the investor actually feels differently. So instead of waiting so much or waiting for the market to come down so much, we think that after planning the investment, we should continue to invest continuously. When the investment continues continuously, Bitcoin will be purchased at different times in the price.