Quote from: Yoona_As on August 08, 2025, 06:15:47 PM

Quote from: Zackz5000 on August 08, 2025, 05:46:14 PM

Quote from: AYOBA on August 08, 2025, 04:41:32 PM

Bitcoin has grown in popularity around the world, and as a result, many people are rushing to accumulate it at the correct time so that they can take advantage of greater profits in the future, but not everyone knows of this, and as a result, some are missing out. And, given the way Bitcoin's price has risen over time, I believe anyone interested in investing in Bitcoin should monitor the market around the timer so that they can buy in at cheaper rates when the market breaks down.

That's buy the dip strategy this is a misleading advise to investor who just started accumulating Bitcoin, monitoring or waiting for Bitcoin price to dip before accumulating is not the right strategy to adopt when accumulating Bitcoin expecially as a newbie, waiting for the price to dip before you can buy Bitcoin will get you less Bitcoin in your portfolio for it is mainly traders who uses this waiting for bitcoin to drop before they can accumulate and sell off when there is a slit increase in the price of Bitcoin but this is wrong you might be waiting for Bitcoin to dip before accumulating and Bitcoin keep increasing and this might discouraged you not to invest again and then later regret in the future, but with the DCA strategy you can accumulate Bitcoin at any price level irrespective of the price of Bitcoin without always waiting for the price to drop before you can accumulate when you consistently and persistently using this strategy gradually you will be accumulating either every weeks or months and hodl for 4-10 or more.

Let the dip only be an opportunity to accumulate more Bitcoin if you have the fund to buy aggressively you can do without over doing it in a way it will affect your investment.

For beginners who consider the profitable side of investing in Bitcoin because they know about a history that is not uncommon to know, considering the profitable side of Bitcoin, they also want to invest in Bitcoin for the future, but if they pour a lot of money at once and face a dumping of the price of Bitcoin, they may panic and sell Bitcoin out of fear, which will harm them financially, but as an easy way for them, you can overcome that fear by investing slowly using the DCA strategy,

It is also a good idea to buy Bitcoin lump sum especially for those new investors if they have floating cash available. That money may have been taken out of a lazy place that was sitting in the bank for a long time but by the end of the year you have seen the value of that money depreciate. In a new situation/investors you should hold Bitcoin with an amount that is not considered risky as a beginner and can be accumulation continuously through discretionary income. Investment in Bitcoin with an amount of available money that can keep you in line with the long term cycle.
When investing in Bitcoin you should focus more on getting a decent holding than on getting a profit because the tendency to get a profit can make you greedy.