Op if you have the money then there is no need to procrastinating the investment of Bitcoin just click the buy button in any exchange or if you know anyone around that has Bitcoin then use p2p and get it done. There is no need to for foe January or any month to start the investment. But before investing make sure you know the advantages and the disadvantages or the risk involved in it so that you will not blame anyone of your downfall. Though in the investment, there is no too much risk but patient is the key.
If in any way you have picked interest in holding and you have money then you can buy and hold but for a long time, I have been planning on how to hold, I feel like if I buy or even start with a good amount that is the capital in return I will be making one hell of profit, anyone that already holding should keep holding but for me I think I will stick to trading for now. And if you are buying from a at exchange make sure it’s an legit exchange so that you don’t get scammed, and most people don’t know the advantages and disadvantages, it good to want to make money but this something you have to know before you start investing, not just having money to invest. 
Topic: How can I start investing in Bitcoin? (Read 801 times)
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Bitcoin is a long-term investment, and if you are all in on bitcoin for the long term, it is good to start accumulating bitcoin this January. But before you start your bitcoin investment, you need a source of income that will cover your expenses, and you also need to keep an emergency fund that will allow you to possibly solve your unforeseen problems whenever they arise. You can adopt the DCA strategy to accumulate bitcoin because it will help to control the volatility of bitcoin in your portfolio while you continue to gain more knowledge about bitcoin.
Advising or giving you guidelines on what to do is somehow to me considering the fact that you are still a newbie here but if you have understanding on bitcoin before now no problem but if you don't I will advice you to calm down and read threads of high ranked members and understand them very well before you talk about investing in any coin.
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I think op is just trying to get guild on how to invest, maybe trying to make good plans to invest in bitcoin. I think is questions is a good one for beginner, anyone who Is planning to go into investing bitcoin it is important to get knowledge about Bitcoin, understanding the market first. Investing bitcoin without understanding is a wrong way to start that can lead to not having better results and will surely end with regret. Knowledge is the the first step for profitable investment in bitcoin.This is one of the mistakes beginners make that needs to be avoided – of course because they still need lots of answers to increase their knowledge, but they ignore all advice and become inactive in discussions.
Don't let us just conclude on his/her proactiveness within the group since 12th of December after he/she dropped this post. He/she may be offline for some personal reasons. I believed he/she has asked this on the forum to learn. I know he/she will be back online soon to check some points given based on his/her question.
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Yes, DCA is one of the best method and too be honest as you mentioned we should never be carried away with the current trends and popular choice because when market is good people will ask you to invest and even if it dumps by 5% they will be the first one asking you to withdraw and if we go by everyone's suggestion we will lose everything. It's better to have a calculated approach and I have tested this personally and so far it has been one of the best year of my crypto journey.
Yes, DCA is one of the best method and too be honest as you mentioned we should never be carried away with the current trends and popular choice because when market is good people will ask you to invest and even if it dumps by 5% they will be the first one asking you to withdraw and if we go by everyone's suggestion we will lose everything. It's better to have a calculated approach and I have tested this personally and so far it has been one of the best year of my crypto journey.
i also feel that dca is the best method for investing in bitcoin, especially for beginners who are just starting to invest in bitcoin, the dca method helps them to invest long term and mitigate the risks of the unstable bitcoin market. this method also makes it easier for investors to invest regularly and without the hassle of market analysis to determine their position, so that beginners can focus on investing without having to get tired of learning to trade like a trader.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Yes! Why not. investing in bitcoin this month is still a good time, especially if you invest in the medium term, this month will definitely be very good for investing in bitcoin. Because soon Bitcoin will enter the Halving cycle, so before that time comes, it would be better to invest. 
OP, since you'll be investing in Bitcoin I don't think you need much advice on this for now. If you have both the willpower and the money to invest, then you should invest in Bitcoin without delay before the next bullrun in the market. Bitcoin had a big correction on January 3rd but if you haven't done guest investing then you should have invested in Bitcoin during that big correction. However, you can invest and hold Bitcoins at your convenience without delay.
Investing in Bitcoin only should not be our only target. We need to make sure that we invest in altcoins too because this is one of the ways we can make money from the market. Altcoins market is very volatile because we have so many altcoins in the market. If we invest in the altcoins market, we can make money from it in a way that might surprise us. Bitcoin is volatile but we can not depend on it alone as an investor in the market.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Investing carries a degree of risk, but as you mentioned, you should have guidance. Even though some coins are currently worth more than others, you should still learn about them before you start investing because you can start investing without knowing anything about them. Moreover, you can learn how to hold your Bitcoin and use the little money you currently have to make better investments later on.Because you can acquire bitcoin now and be concerned about selling it later that month, anyone who does so will not make a profit, and it will still be a loss because you can identify your capital and talkless of claim the gain. If you wish to invest in Bitcoin, only invest money that you can afford to lose.
Many beginners are talkative, every time the market price starts to improve, they rush to buy bitcoin with money they are not ready to lose because they hope to make a profit in the near future. Even though we know that the price of bitcoin is very fluctuating and difficult to predict, wisely when using money in investing in bitcoin you must have a clear goal, and in my opinion the goal of investing in bitcoin is for the long term. Do the dca and forget method.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
As we enter the new year and 2024 the value of Bitcoin has not changed but increased. Since the beginning of the new year has not affected the price of Bitcoin, but rather the increase, we can say that it will increase further. If you want to do bit in bitcoin then I think definitely do it because in the future as our bitcoin will be halved the price will increase more. And if you buy bitcoins before halving then you can definitely make good profit as bitcoin price is still in good position. If you buy you will surely profit I suggest you definitely buy bitcoins and hold for long term. Because if you hold, you will surely reach your investment to a successful place, so you invest with positive thinking rather than thinking too much. 
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Whenever buying bitcoin is a much better way than waiting but never buying it. I know how you feel worried about high prices in 2024 and your worry is definitely because you are afraid of not being able to make a profit from the capital you spend. But I'm sure that understanding is wrong because bitcoin can always jump to a new price from the initial purchase because of its cycle.Watch bitcoin's journey to previous highs and learn what factors could make bitcoin jump to much higher prices. If you succeed in learning it, I am sure you will be more confident in making purchases in much larger amounts of bitcoin at any time.
OP, since you'll be investing in Bitcoin I don't think you need much advice on this for now. If you have both the willpower and the money to invest, then you should invest in Bitcoin without delay before the next bullrun in the market. Bitcoin had a big correction on January 3rd but if you haven't done guest investing then you should have invested in Bitcoin during that big correction. However, you can invest and hold Bitcoins at your convenience without delay.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
different ideas have been introduced to you and, some peeps have even gone as far as sharing out links to aid the process - what I'm not certain about is if you've read through this thread since the day you Posted it... sometimes, it becomes a problem since many people will just makeup post like this to increase their count -- something similar to this has been questioned and addressed severally...
I don't wanna look like an oppositionist; all I've got to tell you is that you should learn about Bitcoin deeply - THAT'S prolly the most appropriate route to follow.
Sandra 🧑🦰
Op if you have the money then there is no need to procrastinating the investment of Bitcoin just click the buy button in any exchange or if you know anyone around that has Bitcoin then use p2p and get it done. There is no need to for foe January or any month to start the investment. But before investing make sure you know the advantages and the disadvantages or the risk involved in it so that you will not blame anyone of your downfall. Though in the investment, there is no too much risk but patient is the key.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
OP, if I may ask, how conversant are you with bitcoin, do you have a knowledge about Bitcoin, I ask this question for a reason, because I strongly believe before a potential investor come to the conclusion of investing his or her fund in bitcoin, the knowledge and understanding of Bitcoin should be inculcated in him or her, now let me come to your question, I think my personal answer that question is yes, but that's if you are ready, make sure that you are not been forced, make sure that the decision of investing in bitcoin is yours, so that know one will be held responsible if anything happen, but I must tell you the truth, bitcoin is a good investing but all depends on your patience level, no financial advice though.
Exactly you need to understand everything about bitcoin before you start your investment, because without knowledge I don't think anyone will succeed in crypto journey, so just take your time and get some research about bitcoin to know how to invest for long term to get profit, because some people sold their coin early because they are afraid of losing their funds and in crypto you need to take risk if you want to succeed on it, because I don't think anyone will succeed if they don't take risk in cryptocurrency.
I am saying that you should only invest money that you can afford to lose, because sometimes the market will be bad and many people will be scared to lose their money, but if you are a good investor you will not be scared to lose because you believe that the price will surely increase for some days again and you will get your capital back and some profit, which is why they said you should invest in bitcoin for the long term.
Quote from: hazelkeane
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Yes, you can invest in Bitcoin now because the market price has show some signs this week that is making many investors to continue investing before the real bullish season will appear fully in this month of January. I know you have saved some money last year, and you can start looking for potential coin to invest the money that will give you double income in the future, and Bitcoin and Ethereum are the best coins you can embrace in this January that will give you smile when the bullish season appear. Don't invest what you can't afford to lose in this season, because Bitcoin investment is different from other investment but there is no way you will invest in the bearish season and you will not have something good to achieve when bullish season show up in the market.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Investing carries a degree of risk, but as you mentioned, you should have guidance. Even though some coins are currently worth more than others, you should still learn about them before you start investing because you can start investing without knowing anything about them. Moreover, you can learn how to hold your Bitcoin and use the little money you currently have to make better investments later on.Because you can acquire bitcoin now and be concerned about selling it later that month, anyone who does so will not make a profit, and it will still be a loss because you can identify your capital and talkless of claim the gain. If you wish to invest in Bitcoin, only invest money that you can afford to lose.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
The only guide people will give you is to invest now because the halving is come and the bull market there after but as for me the only their I will advise you is to invest according to you income. If your income is big, then you have to divide it into 4 then use one part to invest every week or month and all depends on the salary schedule of the work. Or there is another method you can use to invest in the DCA. So these are some of the good practice to invest in Bitcoin. Always know you income before investing in Bitcoin.Yes, DCA is one of the best method and too be honest as you mentioned we should never be carried away with the current trends and popular choice because when market is good people will ask you to invest and even if it dumps by 5% they will be the first one asking you to withdraw and if we go by everyone's suggestion we will lose everything. It's better to have a calculated approach and I have tested this personally and so far it has been one of the best year of my crypto journey.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
The only guide people will give you is to invest now because the halving is come and the bull market there after but as for me the only their I will advise you is to invest according to you income. If your income is big, then you have to divide it into 4 then use one part to invest every week or month and all depends on the salary schedule of the work. Or there is another method you can use to invest in the DCA. So these are some of the good practice to invest in Bitcoin. Always know you income before investing in Bitcoin. 
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Invest now before it’s too late. Though the price is high but we all know that it will be higher in the next days and months, and by that time, entering the market would require a bigger capital. But you can always chose to invest at a small amount and buy a portion of bitcoin for you to hold long term. Bitcoin has huge potentials to succeed in the future, hence we should not miss any opportunity that we are seeing in front of us.However, my only concern is that if you are ready to invest and ready to lose. By getting ready to invest means that you know your investment well and you’re ready to lose knowing all investments has its risks and its fair share of losses. But we can always prevent ourselves not to lose a lot when we know how to make bitcoin investment right.
Can someone please guide is it a good practice to start investing in Bitcoin in this upcoming January-2024?
Since we're almost at the end of the year, I believe it would be best if you could wait and take your time learning about cryptocurrencies. That way, you can gain a wealth of knowledge from a variety of sources. As a newbie, you must have the fundamental knowledge and skills before beginning your investment. Since education is the greatest asset for anything one want to undertake in life, go ahead and learn more about how to succeed in your endeavors. Additionally, while you consider yourself to be a large investor, if you truly want to invest, start with a portion of your money that you can afford to lose. Jump to: