Topic: Do you still advised more buy and store? - page 3. (Read 2120 times)

it would be better to invest earlier because today bitcoin is already at 42k so it is always a good choice to buy then the way it is currently going what will be the next stage, and see the advantage of holding for does that are still yet to know, the benefits are already showcasing,  and studying the risk is even minimal compared to such investments but at the same time can liquidate anyone if not careful but keep investing and expect your money in return.

It honestly depends on your investment appetite. Holding bitcoin is a good strategy but there will also be a little bit of instability. Buying more and storing is a good idea, but you need to make sure that you first take care of your responsibilities. Maybe allocate a certain amount for buying bitcoin each month. It doesn’t have to be a lot.  I have invested mostly in bitcoin and the rest I have in Altcoin which I trade daily and that’s my choice, It’s entirely upto you how to invest/save your money.
If you have any questions you can contact me via my Discord: https://discord.gg/X8PH8MtcYE

All investors are hoping that the price of bitcoin will go up. The rate at which the number of investments in bitcoin is increasing will not decrease in price. This is the perfect time to buy everything is being updated. Trading bots often do not understand the signals of the market so it is better to use your own experience instead of using bots. If you visit the market you will see that the price of bitcoin is increasing.

Buy and hold Bitcoin until it's price reaches to 100,000$. Because it's the best time for investment. It's very difficult to invest when Bitcoin price is very high. If the etf is approved then it's sure we will see 100,000$ price very soon.
So, get ready yourself before it's too late brother

Opportunities is really here but also could cause those massive losses if it wasnt done right. Hate to say but luck would be also that an integral part of someones success here on this space because we know
that no matter how good looking the site or project is but if it wasnt recognized by the community then it would really be pointless or something that would really fail in the end but instead to those
shit coins and some memes do really take that slice of the cake on which increasing its price for how many folds which those  people who had just non seriously put up some investments
are the ones do reap out those profits which kinda sucks if you do ask me on some point. 

So when it comes to long term hold then it would really be that depending on you because not all would really be that shooting up when it comes to value.
So it would really be that pertaining always about your risks management because if you dont put up attention to this then you do know on whats next.
Invest on what you can afford as always so that you wont be stressing out yourself.

Yes brother. I think its the ideal time to buy and store the crypto currency coins.. But Bitcoin price is at 37000$. And some analyst says that the price of bitcoin will break ALL time high record and make a new record of 100,000$ in the end of 2025. So, its the time to store and wait for the right time to sell it at high prices.

You have a better plan for Bitcoin than not having any plan for Bitcoin, because Bitcoin is the best choice for us to have and to help our finances and also for a much better future.
And my advice, in your situation, because you have to help the family financially or whatever. It's best to prioritize your family, your important needs and other needs for one month after getting a salary from your job. And with all that, you can learn and help manage your finances well because it's part of investing, you can also save on expenses and limit what is important and what is not important for you to buy. Apart from your needs, your family, and also for investment.
Invest within your means once you have prioritized what is important, and if you have extra money, whatever the amount, you can buy Bitcoin or you can set a benchmark to invest 20% to 10% in Bitcoin every month. And if you want, you should look for additional income or a side job to help your finances so that you can do everything well because it looks like you are still young and can still do this. Because that's the only thing that can help you, so you can meet your needs, your family, and also invest. For now you can do it according to your abilities and if there is an opportunity or desire you should have additional income, and this is all to help your finances and also your future and also invest in Bitcoin for the long term.

I will suggest buy more and hold some few weeks back but for now i will definently stick with the sell option cause the crypto-market seems a little bit extended and really not a good time to buy at the moment . Already took some sells using my trading bots hoping price will  tank down a little bit to the recent support as i am expecting a pullback on BTC soon.

If you understand a little about market movements, and you are used to analyzing, you can do short-term trades, at least that's the best option right now, you buy then you sell, collecting little by little.
However, if you intend for a long time, you can buy it in accumulation, for example you allocate your monthly income to invest every month.

It's possible that there are some people who have the habit of buying Bitcoin every month, as a result of setting aside part of their salary to invest in Bitcoin. but not necessarily every month to buy. better understand to buy when the time is right. saving Bitcoins is also definitely recommended. But just remember the most important thing in investing is getting a profit. Don't be too naive if currently those who buy Bitcoin aim to gain profits in the future. except for those who actually have Bitcoin for transaction purposes. which of course not all countries legalize it.

Crypto is a volatile market that will provide many advantages as well as many losses.
By applying long-term investing, it may be the best option for those who don't want to think too deeply about how to make quick trades.
Holding back does not require emotions and only needs to be patient.

By holding Bitcoin, will indeed be better and only need to wait for Bitcoin to reach its highest price.
Investment decisions are based on knowledge as well as how confident Bitcoin investment is.

Some people who were too skeptical of Bitcoin instead abandoned Bitcoin when the market suddenly crashed.
Whereas when the market crash is the best opportunity to start buying and holding, and See how we will go to Halving and will reach a new ATH, this will be a 4-year cycle that will make new history on Bitcoin.

Good choice to invest in Bitcoin. So I would definitely encourage you to buy Bitcoin and store for the long run. Because you stored all time best coin and it profit will be massive in future. I see very low risk in that because it's widely using digital currency. And it's can be big financial support in the future for you and your family members for buying Bitcoin in monthly basis.

I prefer long-term investments if the choice is Bitcoin so that I don't waste so much time looking at and researching previous price charts that have occurred throughout the year. Because the more time we spend researching the right time to invest, the longer it will take us to make a decision to invest in Bitcoin. This is caused by a feeling of doubt and fear after examining more and more charts every year, even though in general Bitcoin can always provide the best for those who invest in the long term and can even always rise after falling too deep.

The easiest way for you to figure out whether to buy more or not is pay your bills first, make a budget for your food, needs, and wants, and for your emergency fund, if you still have extra money after that, then invest it on Bitcoin, simple as that.

Don't invest it first before anything else, because you'll be force to sell it when you need the money for your responsibilities. Invest what you can afford to lose, don't sell your properties or anything important just to invest in Bitcoin, in short, don't put all the eggs in just one basket, since we're not sure when is the next bull run going to happen.

The strategy that's greatly appreciated by most of us and that's the reason why many are starting to do DCA. If no one does DCA then it's not recommended. But it's not just one person that recommends it but there are plenty of us.

Start with BTC and then when you have sufficient holdings of it already, that's when you try to find something new.

I advise using the DCA when purchasing Bitcoin or other cryptocurrencies; it's a great method to save money and ensures that your wallet never has a zero balance. Actually, most communities nowadays operate in this manner.

Just be sure you know which cryptocurrency assets you plan to purchase in order to build up and create a dyor still, or select a cryptocurrency that you believe has the best chance of rising from the bull coins by selecting a majority of the top 30.

It does matter that you have a plan on how you buy your bitcoin be it DCA or having your own buying routine but with all those in mind, I think what matters the most is that you are buying consistently to increase what you are currently hodling because if you aren't consistent then what's the point of those plans that you have? My advise to OP is to be consistent with buying every month no matter how small the amount is as long as you are buying every month then your bitcoin will only just go up no matter what, another advise that I can give you is to buy a lot of bitcoin if you can when the prices are down and when people are anxious about the bitcoin price, that's a good time to buy bitcoin.

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.

Necessary work should be carried out first after which making investment is a good idea but if are ignoring our issues and don't resolve it but are trying to invest this money then this issue will get worse with the passage of time therefore investment is not necessary if your problems are still unresolved.

Life is too short so first try to make each and everything available for you and for your family because investment takes a lots of years and when a person get profit from investment then his age of enjoying life has been passed. Little sum should be used for investment but if you are saving money day and night for investment and don't think about your daily routine and requirements then saving such amount is not a good option because once you invest money and you don't have more for your urgent requirements then you will take loan for it but will not touch your invested amount which is not a good idea.

If indeed you have decided to make a long-term accumulation in bitcoin then yes there must be some considerations for something so that your investment can continue to run in balance, one of which is as you said in terms of budget, try so that you use money that will not be disturbed by other things in the future, and prepare other savings as your emergency fund, so that when an emergency situation comes you will not disturb the money in your investment, another thing is to try to make the best plan according to you for your long-term investment, don't be too excessive and still prepare some things for precautions.

Basically now everything is getting easier if you really want to do it, like DCA, you can do the strategy, it will be very suitable especially for beginners, and even though you have finances that are not too good but on the other hand you will still be able to invest using this strategy, you can put an amount that you can account for any amount within a week or once a month on consistent terms, with that then you will remain safe and secure in your bitcoin accumulation. Yes the market conditions are now at a pretty good level, but I say that for those who have already saved bitcoin, and also yes I would not really advise you to buy in bulish conditions like this, but yes go ahead if you still want to do it as long as you can do a good analysis, I would advise not to rush and better look for positions when bitcoin is experiencing a price correction and there you will be able to take at least the lowest point of the newly formed support area.