Quote from: blackberrman on Today at 06:31:28 PM

Quote from: Joeboy on Today at 06:08:05 PM

Quote from: Lolipo on Today at 02:04:32 PM

What's the best time to actually buy the DIP and HODL, it's still confusing, this Bitcoin investment is a long time investment and any mistake from the beginning can cause wahala.

Nobody can accurately predict the perfect time to buy the dip. So instead of one to be stressing him/herself about timing the absolute bottom, the safer way to go about Bitcoin investment is to invest bit by bit whenever you can, and then add more during price drop. That way, you are smartly building your Bitcoin holdings over time without neccesarily wasting your time by waiting for the one perfect moment. Bitcoin is a long-term game and patience is key.

You should never be left behind in investing when Bitcoin is cheaper now than in the future, in that case you can start investing with a small amount without being left behind, you can use the DCA strategy because it is very effective for you, through DCA you can invest weekly or monthly and you will continue that investment for a long time of 6-7 years and in this way you can strengthen your investment, DCA makes your investment safe and profitable and you will not have such thoughts in your mind if you do not move forward in your investment because you will buy consistently.

Before we can invest in Bitcoin we should first figure out if we have a discretionary income to get started with, you shouldn't consider because the price is low and you rush and start accumulating with the amount you can't afford to loss thinking you will surely make profit since it is bitcoin we are investing into. You should also know and have in mind that making profit in Bitcoin is not guaranteed this is why it is important to invest with your discretionary income just in case all your expectations did not go as you have plan there won't be room for panic, then with the DCA strategy you can consistently and persistently be accumulating Bitcoin every weeks or months and hodl for 4-10 and more.