When to invest in bitcoin - page 2. | Bitcointalksearch.org

Issa56

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Quote from: SOKO-DEKE on September 01, 2023, 05:30:17 AM

But on the other side, I may say that it may be very hard for newbies to time the market, meaning to know when it will be the perfect price for accumulating bitcoin, because I don't think they may have the knowledge to do their own research to know the right time to buy, and one thing again is that many people always find it hard to hold for extra money unless it gets it invested. Now, I see every opportunity as a good opportunity to invest in Bitcoin, but the truth is that you should get ready to hold for long periods of time.

I won’t say only newbies alone know how low bitcoin will go, even professionals don’t know how low or high bitcoin will go, so if any beginner is trying to invest and he or she is scared if bitcoin price is going to dump more, the best thing to do is to divide the money into some parts and they shouldn’t invest all at once, so the more bitcoin keeps on dumping, they can start buying gradually, and if it dumps more, they will still have money to buy more.

Currently, if I am investing in bitcoin, I will just buy it all at once and I will save myself unnecessary stress because I know the price is already down. Since I will be holding it for the long term, I won’t care about the little price movement happening currently.

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Quote from: Patrol69 on September 02, 2023, 01:23:29 AM

Bitcoin is one of the most reliable currencies for investment so you can invest in Bitcoin anytime you want. If you want to invest in Bitcoin with a long-term plan, you must choose a good time when you will have a higher chance of making a profit. Bitcoin can definitely be invested from the current state of the Bitcoin market and if invested at this time, good profits can be made in the future. The Bitcoin market has been in a very good position a few days ago and the Bitcoin market is currently in a good position and there is a possibility that the market will move from this position to a good position very soon. Since there is a good potential in the market, if one can invest at this time, one can definitely expect something good from the market.

Newbie investors, don't see how reliable or trusted it is when they see their portfolio losing value, so if they buy at the current price and the market drops a bit more, they will start thinking that they've made a big mistake by investing in Bitcoin when they see the value of their investment dropping. So the reliability and trust and faith none of these things actually make sense for someone who is new into the market and don't have any knowledge.

You are right that it is basically not a bad time for investing in Bitcoin right now but it is better if someone does it using the DCA method which will let them buy again if the market dips further from this point, and if the market starts recovering, they can see their portfolio growing gradually.

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Not only in bear market but the right time to invest in Bitcoin is when you're finally decided that you are a 100% sure about it.

Because even in a bear market, it could even dump more and you might do a panic selling to avoid losing more profits, that's what newbies think most of the time so they regret it in the end because the truth is, they really don't know what they are into. What I mean is, if you're really decided to invest in Bitcoin, just make sure that you know how bear market and bullish market works, to avoid panic selling.

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin,

If you talk about investing everywhere people are always synonymous with price, when the price really drops from the normal price that's when people will think the best step to start investing, the same if you want to do it with Bitcoin.

If you study the current crypto market, maybe you will see and find and there are hundreds of predictions that the current price of Bitcoin is the cheapest price compared to prices that have skyrocketed in the past 2021, so for me this is a good step to invest in Bitcoin, it is based on my personal understanding.
but everything is in your confidence to do it, I don't want to say one more year to invest, this is the best opportunity if you understand the current situation of the crypto market.

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin

Bitcoin has high potential and is a good asset but if you know about when to invest in it. Yesterday I was reading about this and I saw an analyst whose name is Planb. According to him the best month to invest in Bitcoin is September, "Sell in July and go away, but remember to come back in September" These are his words about investment in Bitcoin and I quoted them for you. So September is the month in which the next halving is scheduled. So invest in bitcoin in a bear market and sell it in the bullish. Remember to invest in Bitcoin before the bullish phase runs. One thing to note is that he just gave his prediction, it does not mean that it would happen, maybe yes or maybe not so be careful about your investment

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Quote from: MFahad on September 05, 2023, 06:37:37 AM

Quote from: Humblevirus on September 04, 2023, 12:50:41 PM

Since nobody can predict what will happen to the price of Bitcoin tomorrow, I also believe that it is okay to invest now. Some people may believe that the price of Bitcoin will eventually decline, but it may never reach someone desired level. As a result, it is best to preserve the existing price and subsequently resume price increases. The best way to reduce risk in a bitcoin investment is through DCA, which involves buying small amounts consistently. I'd like to say that buying bitcoin at a low price is always the best, but the question now is how we can get the chance to do so because that is always the ideal low target.

Everyone will share their views some will be in favor of Bull season whereas other will says against bitcoin but real knowledge is unknown yet because we are all humans and we cannot know about future. We can share only the benefits of bitcoin because convincing others are very difficult task so if someone wants bitcoin and believe on its success then he will not be effected by fake news.

Next year bitcoin will be pump and its holders will be able to take advantage because the lower price for months also occurred before but people with sharp mind did not loss hope as a consequence of which they become a constant participants of bitcoin now.

Similar to "boom and bust" economic ideas, "dips" are often followed by surges. Convincing others is difficult, as you said. Social conventions and impressions often trump logic in human psychology.

More than a financial tool, Bitcoin. Reimagining the financial system's foundation. Discussions should expand beyond "price" to include global economies, decentralization, and financial independence.

Price volatility shouldnt change one's conviction in Bitcoin, even when the future is unknown. Just surface noise. Bitcoin's increasing role in reforming economies will prove its worth. Giving fake news followers the appropriate information is more important than proving them wrong. We could do so by talking on Bitcoin's potential instead of market movements.

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Quote from: xSkylarx on September 05, 2023, 08:06:26 AM

That is why when you can invest now, buy it because we don't know if Bitcoin is just going to rally up and you will be left behind. The strategy of others that are accumulating Bitcoin is the same as mine: as long as I have extra money, no matter what the price is, I always purchase it because I am accumulating Bitcoin, not because I could be left behind, but because if I wait a few days, the money intended for it will be used for something else. That is why I always purchase, no matter what.

Not everyone can afford to buy Bitcoin all the time. Maybe there are people who have a small amount of money to invest. Those people wait for a certain time to buy bitcoins, when the price of bitcoins will drop. But currently the price of Bitcoin is very low. Investing in Bitcoin at this time can expect good profits. The time op has been waiting for, the price of bitcoin has dropped, op can invest now if he wants.

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Quote from: MFahad on September 05, 2023, 06:37:37 AM

Quote from: Humblevirus on September 04, 2023, 12:50:41 PM

Since nobody can predict what will happen to the price of Bitcoin tomorrow, I also believe that it is okay to invest now. Some people may believe that the price of Bitcoin will eventually decline, but it may never reach someone desired level. As a result, it is best to preserve the existing price and subsequently resume price increases. The best way to reduce risk in a bitcoin investment is through DCA, which involves buying small amounts consistently. I'd like to say that buying bitcoin at a low price is always the best, but the question now is how we can get the chance to do so because that is always the ideal low target.

Everyone will share their views some will be in favor of Bull season whereas other will says against bitcoin but real knowledge is unknown yet because we are all humans and we cannot know about future. We can share only the benefits of bitcoin because convincing others are very difficult task so if someone wants bitcoin and believe on its success then he will not be effected by fake news.

Next year bitcoin will be pump and its holders will be able to take advantage because the lower price for months also occurred before but people with sharp mind did not loss hope as a consequence of which they become a constant participants of bitcoin now.

That is why when you can invest now, buy it because we don't know if Bitcoin is just going to rally up and you will be left behind. The strategy of others that are accumulating Bitcoin is the same as mine: as long as I have extra money, no matter what the price is, I always purchase it because I am accumulating Bitcoin, not because I could be left behind, but because if I wait a few days, the money intended for it will be used for something else. That is why I always purchase, no matter what.

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Quote from: MFahad on September 05, 2023, 06:37:37 AM

Quote from: Humblevirus on September 04, 2023, 12:50:41 PM

Since nobody can predict what will happen to the price of Bitcoin tomorrow, I also believe that it is okay to invest now. Some people may believe that the price of Bitcoin will eventually decline, but it may never reach someone desired level. As a result, it is best to preserve the existing price and subsequently resume price increases. The best way to reduce risk in a bitcoin investment is through DCA, which involves buying small amounts consistently. I'd like to say that buying bitcoin at a low price is always the best, but the question now is how we can get the chance to do so because that is always the ideal low target.

Everyone will share their views some will be in favor of Bull season whereas other will says against bitcoin but real knowledge is unknown yet because we are all humans and we cannot know about future. We can share only the benefits of bitcoin because convincing others are very difficult task so if someone wants bitcoin and believe on its success then he will not be effected by fake news.

Next year bitcoin will be pump and its holders will be able to take advantage because the lower price for months also occurred before but people with sharp mind did not loss hope as a consequence of which they become a constant participants of bitcoin now.

The bear market can be a good time to invest in crypto or bitcoin but if your goal is to invest in this market for the long term, i recommend investing with a dollar cost average(DCA). Because you never know when you will need money and when you invest in a bear market, there is a high probability that your investment will decline. During this period, you may need money urgently and you may face big losses.

To avoid this, you can buy Bitcoin periodically. This way you won't have to make timely trades in the market. It doesn't matter when you invest in Bitcoin with DCA. Because your capital is spread over predefined intervals, your purchases during the investment period will bring the average price down to a more reasonable level. I recommend investing with DCA.

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Quote from: Humblevirus on September 04, 2023, 12:50:41 PM

Since nobody can predict what will happen to the price of Bitcoin tomorrow, I also believe that it is okay to invest now. Some people may believe that the price of Bitcoin will eventually decline, but it may never reach someone desired level. As a result, it is best to preserve the existing price and subsequently resume price increases. The best way to reduce risk in a bitcoin investment is through DCA, which involves buying small amounts consistently. I'd like to say that buying bitcoin at a low price is always the best, but the question now is how we can get the chance to do so because that is always the ideal low target.

Everyone will share their views some will be in favor of Bull season whereas other will says against bitcoin but real knowledge is unknown yet because we are all humans and we cannot know about future. We can share only the benefits of bitcoin because convincing others are very difficult task so if someone wants bitcoin and believe on its success then he will not be effected by fake news.

Next year bitcoin will be pump and its holders will be able to take advantage because the lower price for months also occurred before but people with sharp mind did not loss hope as a consequence of which they become a constant participants of bitcoin now.

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

The best time for you to invest in Bitcoin is when you have money in your pocket. How do you invest if you don't have the money when the price of bitcoin drops? In fact, it is difficult to say when is the best time to invest in Bitcoin. Will you have money when the price of Bitcoin drops? How much can you guarantee it? You keep your money in a certain place. Then you can invest in Bitcoin. Investing in Bitcoin is better than investing in other fields. So the right time to invest in Bitcoin depends on when you have money in your pocket.

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Quote from: WillyAp on September 03, 2023, 04:41:10 PM

Right now the price is OK, you might get lucky waiting should it drop, but it looks more like climbing.

Since nobody can predict what will happen to the price of Bitcoin tomorrow, I also believe that it is okay to invest now. Some people may believe that the price of Bitcoin will eventually decline, but it may never reach someone desired level. As a result, it is best to preserve the existing price and subsequently resume price increases. The best way to reduce risk in a bitcoin investment is through DCA, which involves buying small amounts consistently. I'd like to say that buying bitcoin at a low price is always the best, but the question now is how we can get the chance to do so because that is always the ideal low target.

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Quote from: Y3shot on September 04, 2023, 05:39:35 AM

Quote from: YUriy1991 on September 04, 2023, 02:06:11 AM

Maybe this is a classic problem that maybe everyone feels. budget limitations. The market is also very wild, right now it goes up and down without notice. However, I think there are many methods that can be used to enter and invest now, for example, the installment method, which is currently trending, the DCA method, which means just try to set aside as small a portfolio as we can. Yes. Keep investing even though conditions are fluctuating and it's possible that we won't find this moment next year because the price prediction for BTC, maybe the target price for Bitcoin from big fund managers, is very high.

People always think the dip is the only time bitcoin can be bought, as far as bitcoin price has not gotten so high , the current price of bitcoin is still low that is not a bad idea to buy bitcoin to hodl. Whenever the dip occurs many do have financial challenge at the moment to buy and after if the slightly increase they feel reluctant to buy because they missed buying during the dip. Waiting for the dip to return back can be what will not take place again in a longtime. Accumulating bitcoin when the price is low is another way of investing in Bitcoin not to miss good opportunity.

And indeed this is basically the moment that everyone is always waiting for, and it's very true as you said now that bitcoin is at a price that I think is low, I think for most of them will not miss this opportunity. We can see now that bitcoin is in the range of $25,000 and it is not easy to wait until the price is in this position, so for those who have money that is ready to be invested then do it now, because it is not necessarily some time in the future you can get this low price. But it is true as you said for those people who are said to be not quite capable in terms of money but have the desire to start investing, honestly this is quite confusing. But on the other hand I will advise a little, in my opinion don't be too pushy if you can't afford it, your life is more important and don't because you see a situation like this profitable then you put all your savings into bitcoin, then you let your stomach starve, that's not good. remember there is absolutely no compulsion to invest here, so consider everything again.

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Quote from: YUriy1991 on September 04, 2023, 02:06:11 AM

Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

Maybe this is a classic problem that maybe everyone feels. budget limitations. The market is also very wild, right now it goes up and down without notice. However, I think there are many methods that can be used to enter and invest now, for example, the installment method, which is currently trending, the DCA method, which means just try to set aside as small a portfolio as we can. Yes. Keep investing even though conditions are fluctuating and it's possible that we won't find this moment next year because the price prediction for BTC, maybe the target price for Bitcoin from big fund managers, is very high.

People always think the dip is the only time bitcoin can be bought, as far as bitcoin price has not gotten so high , the current price of bitcoin is still low that is not a bad idea to buy bitcoin to hodl. Whenever the dip occurs many do have financial challenge at the moment to buy and after if the slightly increase they feel reluctant to buy because they missed buying during the dip. Waiting for the dip to return back can be what will not take place again in a longtime. Accumulating bitcoin when the price is low is another way of investing in Bitcoin not to miss good opportunity.

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

Although the majority of people always claim that the best time to buy Bitcoin is when the price drops, in my opinion, there isn't really a best time to buy Bitcoin as long as you have the funds available to do so. Since the price of Bitcoin is currently between $25k to $26k you can purchase it at this time, and while the price may increase this time, we can't guarantee that it will. What if the price of Bitcoin drops significantly and you buy some? If the price keep dropping at that moment, what should you do? My best advice is to buy Bitcoin when the price is at its lowest point and you have the cash to do so. If you wait until it drops further, you risk waiting longer. Instead, buy at this precise moment when you have the funds available. There may be many people waiting around right now for the price to drop any further, but when it didn't, they just kept waiting.

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

It is true that Bitcoin is a great asset, so what are you waiting for? Buy it now. Don't tell me how many hours or days you've been reading and haven't discovered that Bitcoin is a good investment. You must have read a lot about how Bitcoin is a good investment here on this forum. And this opportunity is a good thing to do, some say they buy in the dip.

You don't need to buy a large amount of Bitcoin, as long as the important thing is that the budget you have is what you have. In the other community here, they apply the DCA method so that at least little by little they have Bitcoin.

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Quote from: YUriy1991 on September 04, 2023, 02:06:11 AM

Maybe this is a classic problem that maybe everyone feels. budget limitations. The market is also very wild, right now it goes up and down without notice. However, I think there are many methods that can be used to enter and invest now, for example, the installment method, which is currently trending, the DCA method, which means just try to set aside as small a portfolio as we can. Yes. Keep investing even though conditions are fluctuating and it's possible that we won't find this moment next year because the price prediction for BTC, maybe the target price for Bitcoin from big fund managers, is very high.

The classic problem is when to invest and the very classic answer is now. Because if everyone doesn't want to take advantage of the present moment with conditions that look still uncertain, then when market conditions get better it will also be more difficult for those who haven't started investing. Because the method of investing in installments is a very easy method to do as long as there is a desire, although everyone also doesn't forget other things such as price increases which are still difficult to happen and price movements which are still uncertain in the market.

I also prefer to make installments in investing because it doesn't feel too hard for me to do it because the benefits that can be obtained are also very clear, namely in increasing the investment portfolio. But I only do this sort of installment on Bitcoin, while on other assets I buy more often and carry it into trades that I run for a while. Because in conditions like today I am not brave enough to put money into crypto assets other than Bitcoin.

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Quote from: Tuturtinular on September 04, 2023, 12:20:15 AM

Quote from: Blitzboy on September 03, 2023, 12:15:01 PM

You believe "HODLing" to be the easiest way out? I mean, certainly, less stress and less daily decision-making. However, remember that even a long-term strategy requires efforts. The safety of your wallet, the regulatory landscape, and technological advancements such as forks all require your attention. Long-term may be less demanding, but it is by no means "set it and forget it".

If you can "buy and forget", that's better. Most people (including me) can't forget about investing in bitcoin, I always look at bitcoin price movements, if the price of bitcoin continues to fall I will panic and rush to sell my bitcoin. If you could buy bitcoin and forget about it, I'm sure in 10 or 20 years the price of bitcoin would be even crazier. And I dream of being able to do that, so that my bitcoin investment can become a retirement fund in my old age

For bitcoin wallet security, I would probably recommend using a hardware wallet, because it's the most secure.

If we are rich people and investing in bitcoin is only a small part of our wealth, it will be easy to forget about it for many years. But most of us put great faith in bitcoin investment to improve our economy, so I don't believe anyone here can forget it and not check the market daily. Honestly, it's very difficult to do it, I tried many times but I couldn't succeed, checking the price is a must. Of course, I don't sell my bitcoins, but checking prices and monitoring the market is a very difficult habit to break.

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Quote from: Riginac111 on August 27, 2023, 05:22:42 PM

Bitcoin is good asset when you know exactly when to invest in bitcoin, before now I have being reading articles of bitcoin and when I read the articles of bitcoin I do notice new things every time I read of bitcoin. I notice that investing in bitcoin it needs more research to know when due is the perfect time to invest in bitcoin. And I find out that the perfect time a newbie can invest in bitcoin is when the price of bitcoin is in bear market, like some weeks ago bitcoin drop a different in the market price and its very nice opportunity for short term investors to buy and keep and be ready to sell when the market rise. I was willing to buy bitcoin immediately the price drop but the challenge i have them was I'm not with cash, but I will be waiting until the price fall again, and if it fall again I will not miss the opportunity of buying bitcoin and keep for long term investment

Maybe this is a classic problem that maybe everyone feels. budget limitations. The market is also very wild, right now it goes up and down without notice. However, I think there are many methods that can be used to enter and invest now, for example, the installment method, which is currently trending, the DCA method, which means just try to set aside as small a portfolio as we can. Yes. Keep investing even though conditions are fluctuating and it's possible that we won't find this moment next year because the price prediction for BTC, maybe the target price for Bitcoin from big fund managers, is very high.

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Quote from: Tuturtinular on September 04, 2023, 12:20:15 AM

Quote from: Blitzboy on September 03, 2023, 12:15:01 PM

You believe "HODLing" to be the easiest way out? I mean, certainly, less stress and less daily decision-making. However, remember that even a long-term strategy requires efforts. The safety of your wallet, the regulatory landscape, and technological advancements such as forks all require your attention. Long-term may be less demanding, but it is by no means "set it and forget it".

If you can "buy and forget", that's better. Most people (including me) can't forget about investing in bitcoin, I always look at bitcoin price movements, if the price of bitcoin continues to fall I will panic and rush to sell my bitcoin. If you could buy bitcoin and forget about it, I'm sure in 10 or 20 years the price of bitcoin would be even crazier. And I dream of being able to do that, so that my bitcoin investment can become a retirement fund in my old age

For bitcoin wallet security, I would probably recommend using a hardware wallet, because it's the most secure.

You can, it just requires a little bit of working on yourself. It will help you in many ways, not just in investing. Almost everyone panics at the beginning. You need to learn how not to do that.

Topic: When to invest in bitcoin - page 2. (Read 1138 times)