Topic: Do you still advised more buy and store? (Read 2190 times)
You should buy and sell at a profit so there is no need to save for long. The best main reason is that the price of Bitcoin is unstable and if it suddenly goes down, your money will be reduced manifold so take care of your family first. In my opinion you should learn trading because trading can be done with small amount of money and even if the amount of profit is small, it creates a significant source of daily income. My service is if you buy $100 bitcoin today and sell it immediately if the price rises to $120 tomorrow.
Now that the price of Bitcoin has increased to $45,795 in this new year, you have to wait for the price to decrease to your satisfaction before you can buy Bitcoin but if you have the money and you are hunger to invest the money on Bitcoin in this new year, you can buy and store them for future purpose. If you what to look at responsibility you are facing in your environment, I don't think you will be able to embrace Bitcoin in this season, but you can invest what you can afford to lose. Based on your plan strategy, if you can keep to that monthly investment without stopping through out the year, I think you will not regret using your salary to invest in Bitcoin monthly.
I don't think that's a good idea since you won't be serious about buying if you expect the price to fall, but whatever the price is, I'm confident it'll be lower than the current price. And, since we're all waiting for the bull market to begin, if you have money, buy now and quit procrastinating since the price may not fall, which is what most people don't understand. And there is no way you will invest in bitcoin that you will lose money if the person is actually ready to have patience. And I see a lot of folks that want bitcoin but are constantly waiting for the price to drop. For starters, invest what you can afford to lose. And you don't even have to have millions to contemplate investing. And having an investment is the best decision anyone can make at this point in time of there life. And if you already have you can add more to it.
If you want to apply to save in Bitcoin in the long term, even for years, you should not pay too much attention to the price every time you buy it because that will only tempt you to sell it. From my observations, Bitcoin is still able to pump up prices beyond our predictions, even though the price is now it's already quite high but it's still possible, if you believe, do it you will see the results a few years later
you are good enough to have half a bitcoin, I don't think that's a funny thing, you can save and invest while thinking about your family, I think some people will also be amazed by you, some people who already have family responsibilities will find it more difficult to invest. but you can still do it.
I think we often save money by insuring a five-year or ten-year term. But I would say you save money by buying bitcoins instead of investing in insurance. Over time that can give you multiple profits. You save money from your salary and buy bitcoins little by little. The market will be volatile but you will hold on.
yes, investing money in bitcoin it is good way to make your bright future. yeah and your investment must be for long term because btc will increase multiple in the future,i don't deposit and holding much money in the bank because there is very little incentives, so my plan in bitcoins and i investing weekly and monthly when i can afford.
If you can maintain consistency in your investment using the DCA technique even though the price is not stable, we can learn from the past where the price of Bitcoin was very low and let's see now, currently there are many predictions about BTC will soar high in 2030, that means a lot people are sure about it, even big people, it's just that the DCA technique must be very patient and not be tempted to sell when the price goes up, sell after your target is reached
I think, from what he said, maybe the method he wanted to use was the DCA method itself. It's just that he is unsure about the price of bitcoin, and still has responsibilities towards his family. The only way to invest using the DCA method that he has is to consistently divide his salary by several percent to invest while realizing the risk that the value of the investment he owns could have a low price. That way, he can still meet his family's needs while investing while being aware of the risks involved. If you can maintain consistency in your investment using the DCA technique even though the price is not stable, we can learn from the past where the price of Bitcoin was very low and let's see now, currently there are many predictions about BTC will soar high in 2030, that means a lot people are sure about it, even big people, it's just that the DCA technique must be very patient and not be tempted to sell when the price goes up, sell after your target is reached
I think there is a lot of difference between a quiet time trader and a long time one. I find the DCA method very effective for short periods of time. Buying the total in several steps reduces the purchase price of the token significantly. It has the potential to time the market pump. I myself got stuck many times trading without DCA. But later when I got to know the method trading became easier for me. Now I am less likely to get hurt. 
If you can maintain consistency in your investment using the DCA technique even though the price is not stable, we can learn from the past where the price of Bitcoin was very low and let's see now, currently there are many predictions about BTC will soar high in 2030, that means a lot people are sure about it, even big people, it's just that the DCA technique must be very patient and not be tempted to sell when the price goes up, sell after your target is reached
Even seeing the price of bitcoin which is now strong at above 40k is already an extraordinary thing for me, who is still a new holder. I also did DCA and I reduced my DCA amount when the bitcoin price reached 45k. But every time there is a correction I will accumulate it again. And I am personally grateful to have become acquainted with the accumulation strategy with DCA. Because without DCA, maybe I would be someone who gets FOMO easily and immediately puts in all my capital at once. It's a good thing I've known DCA since the bear market started. So my average bitcoin purchase is low at the moment. Even though my initial bitcoin accumulation was actually quite high. And yes, I also believe that the rise in bitcoin in the next 10 years will really make me smile. 
If you can maintain consistency in your investment using the DCA technique even though the price is not stable, we can learn from the past where the price of Bitcoin was very low and let's see now, currently there are many predictions about BTC will soar high in 2030, that means a lot people are sure about it, even big people, it's just that the DCA technique must be very patient and not be tempted to sell when the price goes up, sell after your target is reached
Depending on your income monthly you know how much you can spare at a time to be able to still meet up with your house hold needs so it's UpTo you to making choices in-between how much you can invest daily, weekly or monthly you can DCA and that will definitely help you a long way to investing while still have enough to take care of yourself and other needs that may arise.
Keep buying in units and start now as if you keep waiting you may not have a best time to do it but then if you start now you will definitely get to the point you will would have accumulated a lot.
Keep accumulate bitcoin in weekly or monthly depend with our income firstly, get support good financial easily keep accumulate every week or months how ever bitcoin current price up and down keep profitable for long term investment. But face difficult with our income not have many option how accumulate for investing in bitcoin every week or month but our financial not support yet to spent few percent of our salary to invest in bitcoin. Keep buying in units and start now as if you keep waiting you may not have a best time to do it but then if you start now you will definitely get to the point you will would have accumulated a lot.
Have working hard and doing all side job for accumulating bitcoin every month, I have try spent more than 12 hours working in daily to get another source income and purchase around $400 in monthly for bitcoin investing.
How much your purchasing bitcoin in weekly or monthly every one?
Now that the price of Bitcoin has increased to $45,795 in this new year, you have to wait for the price to decrease to your satisfaction before you can buy Bitcoin but if you have the money and you are hunger to invest the money on Bitcoin in this new year, you can buy and store them for future purpose. If you what to look at responsibility you are facing in your environment, I don't think you will be able to embrace Bitcoin in this season, but you can invest what you can afford to lose. Based on your plan strategy, if you can keep to that monthly investment without stopping through out the year, I think you will not regret using your salary to invest in Bitcoin monthly.
Agree, although I feel buying Bitcoins is always worth it in the long term regardless of the price you buy at.If you are investing in a coin like BTC, ETH, BNB who have tech to back up the coin and a big future, then buying and storing is worth it. The number of coins in my good book might be very lesser compared to most other people here but it is kind of my strategy to minimize losses against altcoin investments. Holding for long term will not hurt any investor only when you are good with your due diligence.
If you are buying tokens like memes, or tokens built on an existing chain like ETH, BNB, etc then I would suggest to just sell them when the market is pumped up and secure the profits.
Just like is often mentioned by most communities in this forum that the best tool to use is DCA because it can be used in any cryptocurrency or bitcoin as long as you are sure of the potential of the coin or token you are holding.
Because if you make a mistake with a token that you hold that you thought would give you a huge profit, the dca will appear to be irrelevant, and you will spend effort and time holding it in reality.
We need to keep buying reasonable tokens in the market and not over buy tokens that have reached their overbought limit. Because if you make a mistake with a token that you hold that you thought would give you a huge profit, the dca will appear to be irrelevant, and you will spend effort and time holding it in reality.
This is one of the things we need to look at and also checking the market chart of the token we want to buy so that we don't end up buying tokens that are already dying gradually. The market is volatile and we could buy tokens that would go up and go down anyhow.
Pump and dump tokens is one of the projects we need to ovoid unless we want to gamble with them.
I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
If only we can see the future, many people will not make mistakes about their investment plans, they'll make the right decisions because they already knows the future outcome. I hope that you went ahead to keep buying and holding Bitcoin till now, because if you do that means that you've made a very wise and profitable investment decision. Bitcoin in it's nature is volatile, so even if there's price instability for a while, experience shows that it'll overcome it and start to pump or dump. With the anticipation of the coming bull run since last year should've been an indicator to you that despite Bitcoin price instabilities then that along the way that it's price will continue to rise because of the coming bull season. If you stopped then it's not too late now to start as price is estimated to hit $100 by the end of this year.
Just like is often mentioned by most communities in this forum that the best tool to use is DCA because it can be used in any cryptocurrency or bitcoin as long as you are sure of the potential of the coin or token you are holding.
Because if you make a mistake with a token that you hold that you thought would give you a huge profit, the dca will appear to be irrelevant, and you will spend effort and time holding it in reality.
YES that's right, if the OP wakes up to go online on this forum, then realizes that he has made this thread, of course he will be faced with two choices, either happy because he has bought bitcoin at a time when the price is uncertain or sad because he closed the choice maybe because of a lot of fud at that time, hope is always there, especially in bitcoin, the recovery is not so long from the surge that stays at the current price is quite stable with time continuing to grow. Buying bitcoin is like buying rice / basic necessities because the price is not an issue if you look at the past. Prioritizing function, market share and good opportunities like bitcoin today. Because if you make a mistake with a token that you hold that you thought would give you a huge profit, the dca will appear to be irrelevant, and you will spend effort and time holding it in reality.
I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
Depending on your income monthly you know how much you can spare at a time to be able to still meet up with your house hold needs so it's UpTo you to making choices in-between how much you can invest daily, weekly or monthly you can DCA and that will definitely help you a long way to investing while still have enough to take care of yourself and other needs that may arise.Keep buying in units and start now as if you keep waiting you may not have a best time to do it but then if you start now you will definitely get to the point you will would have accumulated a lot.
Now that the price of Bitcoin has increased to $45,795 in this new year, you have to wait for the price to decrease to your satisfaction before you can buy Bitcoin but if you have the money and you are hunger to invest the money on Bitcoin in this new year, you can buy and store them for future purpose. If you what to look at responsibility you are facing in your environment, I don't think you will be able to embrace Bitcoin in this season, but you can invest what you can afford to lose. Based on your plan strategy, if you can keep to that monthly investment without stopping through out the year, I think you will not regret using your salary to invest in Bitcoin monthly.
I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
The most important thing in the crypto is to safe yourself from loss.how you can Earn money in crypto that is the point where we all are searching this question.in my opinion we should invest all extra money in bitcoin but before investing we should check the correct time to invest how we can check the correct time its all about to yourself.we should learn the previous whole year bitcoin chart price after that we would know the investment time in crypto and we can safe ourselves from loss.And fine, learning about trading speculation is a very good one, but this often misleads some people, they are just weak in it. Many believe they are good analyst but in practice, their analytical skills are poor, which is why following sentiment at times is good, and the reason why I urge people right now not to miss this general cake but to buy Bitcoin and HODL it.
Not only that, if there is spare money after the initial investment, nothing stops you to keep on buying it just like you are putting money in your savings account. You would be surprised what this approach will yield in the next 1.5 years or so. Conclusively, it's not about what you fear, know or the past experience about Bitcoin, it's all about the sentiment going on now (the Bull and FOMO). It's either you continue to buy and laugh later or you miss out and be sad. Good luck!
busting up all of those coins that you do have or investment on the time that you would really be messing up or did make a bad decision specially on higher leverage trades. So i do tell that i would really be opting
out this kind of option.
But it has to be absolutely decided by the OP at first to know what is good for him and what is not good for him, no one is compulsory anything on anyone. Besides, stop entertaining weaknesses, there is nothing wrong in learning what you do not know, entertaining too much fear will not let most people achieve their maximum potential since they could have outrightly condemned their ability even before giving it all their best to try. Those who are earning in futures trading don't have two heads as well, and personally, I try my bit here too and it is not out of line (if at all I mentioned it) to even encourage people to try more if possible they can make earning through it.
Just like is often mentioned by most communities in this forum that the best tool to use is DCA because it can be used in any cryptocurrency or bitcoin as long as you are sure of the potential of the coin or token you are holding.
Because if you make a mistake with a token that you hold that you thought would give you a huge profit, the dca will appear to be irrelevant, and you will spend effort and time holding it in reality.
Because if you make a mistake with a token that you hold that you thought would give you a huge profit, the dca will appear to be irrelevant, and you will spend effort and time holding it in reality.
I think if you are concerned about whether its still a good time to invest, you should also remember that there's always some opportunities along the way to invest, basically i've seen the price dipping quite sharp enough that it opens up opportunity to DCA as well as just outright investing all capital and expect the price to recover within few hours.
its never late to invest in bitcoin honestly until bitcoin truly hits all time high then maybe you should think about refraining from investing but even then there's a chance that the price would keep going up anyway.
so therefore if you can try to find some random dumping it might be good entry for you.
So true. And actually, even in an upward trend, there are always price drops or corrections that can be taken advantage of. It's just that whether or not it is the right time should be based on what type of investment a person wants. If it's for the long term, like 5 years or 10 years, maybe it's not too late to keep accumulating from now on. But if it is to invest until this season's bullrun then I personally have reduced my accumulation amount. I only added when a big correction occurred, such as when there was an issue that the Bitcoin ETF would be rejected and Bitcoin fell from 45k to 40K and well, at that time I returned to accumulating enough bitcoin. For now I have stopped returning to accumulation. And prefer to invest a little of my capital in several altcoins that might have good potential this season. its never late to invest in bitcoin honestly until bitcoin truly hits all time high then maybe you should think about refraining from investing but even then there's a chance that the price would keep going up anyway.
so therefore if you can try to find some random dumping it might be good entry for you.
When it comes to acquiring of Bitcoin, the DCA method is actually the best among all because their is never a good time to buy Bitcoin than now. I really do believe that we are still in the early days of Bitcoin, so more growth is really been expected from it. Just try even if it's $5 or $10 weekly or monthly, anything you can afford, just make sure you DCA into Bitcoin now so you won't regret later.
Collecting Bitcoin using the DCA method is indeed very good, if we can do it consistently, of course we will be able to get a profit from the investment we make and it is also very important that we do it with an amount that we can afford to hold for a long period of time to be able to profit from it. the investment we make and we must start immediately if we want to enjoy greater profits in the future.If we have enough funds that are not used for any needs, it would be better if we invest and can hold them until we reach the profit we determine, of course this will be better than saving money without making any profit.
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