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Everybody can use dollar cost averaging (DCA) to invest in bitcoin, not only newbies but even professionals, because with this method, you will be able to be investing gradually before you know it. You will accumulate more bitcoin than you think, and if you use this method, you won’t worry about the price movement like when you use the other method of investment. However, I think all investors will like to use DCA for their investment as it will be suitable for them, and one reason why I like this method is that you will just set aside some amount of money that you will be using to invest in bitcoin, whether monthly or weekly, so you can see that this method is very important and applicable to all bitcoin investors, not only newcomers investors. DCA is a strategy that invests a fixed amount of assets at regular intervals. The advantage of using this DCA is that it can reduce the risk of large investments, and if you invest small amounts over a period of time, you are less likely to lose significantly if the market shows a sudden downturn. The advantage of the DCA method over single investments and large sums of money at once is that if the market is bullish, you have the potential for higher returns. Dollar-Cost Averaging (DCA) A time-tested investment strategy, this strategy allows an investor to periodically spread an aggregate amount of money in an attempt to reduce the effect of volatility on the aggregate purchase of a target asset. For example let's say you want to invest $200 in Bitcoin, instead of buying all $200 BTC you can buy $20 worth of BTC every week for ten consecutive weeks. The main advantage of the DCA method is that it takes the emotion out of investing because you buy a fixed dollar amount of assets on a regular schedule and are less likely to make emotional decisions that could damage your investment portfolio. |
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Many of us that have been in the crypto market for sometime, we have come across different seasons in the market which can be increase in price and decrease in price. I just hope our interest in the market is not just only anticipating to make profit in the market, but we should be able to learn from the market and observe the market very well. Observing the market gives good knowledge about the crypto market, knowledge that can help one to stay calm even when the market is going down knowing that it will later come up. With the movement of the market investor needs to understand that crypto profit is not what one needs to rely on.
I urge every beginners to take note of every even that has been happening in the market, it will change the wrong mindset of about cryptocurrency and it will also help one to make good plans for every investment. Getting profit shouldn't be all we are waiting for but to also learn from the market events .
Here are many of us who are brand new and maybe we get caught up in the various pitfalls of the crypto market without giving it much thought. We should do our own research, review, analysis and crypto market verification before relying on crypto market. We get wrapped up in our emotional self-consciousness during these boom and bust seasons that offer no solution. I think we should make up our minds and watch the crypto market and invest in Bitcoin, because it is the best investment of all and the BTC market is on its way to reaching $100K. So we should invest bitcoin now to loot $100k. |
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Such a video casino will walk the members into a different world of feeling which will start a new journey at bitcasinorank.com . I don't have much experience expressing interest in your video, but it's a different take on the sports betting I've been doing at home. Although senior people have criticized your game and are looking for any algorithm in the game which is not very successful to crack. I think we should welcome anyone who tries to devise a way to lift a community out of a curse.
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Bitcoin investors are in luck, because buying Bitcoin is a lot easier than you think. You join a bitcoin exchange to buy bitcoins, then open a wallet and link the wallet to a bank account to place an order to buy bitcoins, then invest the bitcoins.
But I think bitcoin investment depends entirely on your taste, for example bitcoin investment depends on your mindset, taste, risk tolerance and your bitcoin investment strategy depends on your financial signs. Step by step you will become a full-time investor if you can consider your signs with your own intelligence and decide what you want to achieve.
As you may know, Bitcoin as an investment vehicle in its own right can exceed its investment level. Bitcoin works hand in hand with some of the best assets of today. Real estate that is known as "tokenization".
So I think Bitcoin investment is a dependent investment!
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It's no news that the economy of our country is draining day by day, leading to more Bitcoin advocates in the country. With the continuous hardship in the country, I bring to y'all this topic " what to do with 1 BTC as a Nigerian".
So, I once saw on a thread somewhere in the forum where these white people posted houses and cars they'd get if they had a Bitcoin and it varied from country to country. Decided to bring it to our board since we can all relate to the current price of 1 BTC which was recently over $34,000 and in our Naira currency is #27,110,056.50.
We really don't have to limit it to houses and cars only, just generally as a Nigerian what would you do with 1 BTC? Get a business, trade , hodl, real estate and many others...
OP I agree with you, 1btc in Naira currency is #27,110,056.50 but you can use this 1btc in any business that can be a source of livelihood for your family. Suppose this 1btc of yours starts to depreciate when your country's economy infrastructure collapses leading to loss of household livelihood. So, according to me you can look for other ways by dropping this 1btc thought and when your bitcoin reaches its certain level you will get gold reward, which can be more than current market (three/four times). With DCA method you can participate in bull run by investing your BTC but it can be boon for you in future. |
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Beyond the limits of knowledge, man cannot prove the existence of any knowledge-neutral object.
Since Bitcoin is the subject of discussion in this forum, I think an uninformed person is nothing but stupid in this forum. Knowledge energizes people and creates interest in learning about subject.
Gaining in-depth knowledge of Bitcoin and accordingly developing investment psychology and experience of losing BTC investments all together will help you write a chapter.
I would say as a newbie let us who are included in this forum make each other interested in learning about bitcoin and those who don't know about this forum take it upon themselves to create an environment to learn about bitcoin forum and make BTC investment.
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The influence of Bitcoin in Nigeria is not much noticed, because of the informal structure of the government system. But the country's anti-Bitcoin movement is one of the most widely publicized dailies in the country.
But I think Nigeria as a populous country can make long-term bitcoin investments with the liquidity of the economy structure and a legal process that will help power their economic infrastructure. I am new so want to know more.
Attracting the attention of others! Please let me know.
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I am a newbie so don't know much about bitcoin forums, a close friend of mine gave me some practice about bitcoin and decided to invest.
Actually I want to invest in Bitcoin and when is the right time?
I want to participate in the bull run for a long time, if anyone knows, tell me the exact time.
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Actually it is difficult for us to decide the right time to invest in Bitcoin, but we have to read and research a lot about it. Many people think about Bitcoin or navigate that it might crash to the bottom of the ocean never to rise again. But a review of Bitcoin's various histories reveals that since its inception, Bitcoin prices have acted like a cycle in the world of cryptocurrencies, which is currently a tumultuous chapter. Choose the right time and start buying and increase the stock in long term and worry less about short term price.
I think deep buying is not a long-term investment strategy, it is a form of short-term market manipulation, although it can be profitable if executed correctly, but it is very important to distinguish between short-term strategic action and well-thought. -Out investment plan. Deep buying can be profitable but it also has risks, you diversify your portfolio and you allocate the ability to lose it.
As the price field can be said to be skyrocketing as time goes by, take a closer look to see where the price is now. I therefore buy within my means and those who do not yet buy will only criticize and regret.
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We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
Bitcoin reaches $72350. It is now at $71490 I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
Do not expect the price to just be going higher. You can see when it reached all-time-high, it fall to $59100. When it reached $70000, it fall to around $62000. The thing is just hold until it get to $100000 even if there is any decline, the increase will be more. This is the usual price movement pattern in bitcoin all through history, when bitcoin reaches it all time high, it will drop back significantly, but what make Bitcoin all time high different this time os in the new trend that bitcoin is holding on to, as in Bitcoin resistant level is so high that when it did the 72k ATH, it fall back but not down below 70k which Bitcoin recover back quickly which indicates alot of buying pressure, and also a tendency of continues up trend movement. Just as a few other members have mentioned, Bitcoin building up to 100k may not be speedy, but that is where the price is heading to right now and for that, we may have to acknowledge the fact that, even though there may be instances where the price may decline down a bit, but achieving 100k on the long run is what we are close to at the moment and 100k may become the new all-time high. Your thoughts on Bitcoin can be considered to open up a new possibility, which will give an incredible boost to Bitcoiners investing in BTC on the way to this forum. Although this society has expressed confusing opinions about Bitcoin, it is natural that Bitcoin is responsible for the ups and downs of the market system. Reviewing the entire history of Bitcoin, we notice a momentum in its price, when Bitcoin reached its lowest rate around $200 and again when it reached its all-time high, its rate was about $73k ATH. Again many argue that although there is no reason for Bitcoin to go to $100k it is a future market collapse. But I think reviewing the history of Bitcoin and the influx of BTC investors will reach the $100k peak in a very short period of time. |
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The first thing to pay attention to when holding bitcoins is to prepare yourself mentally. BUY DIP AND HOLD by properly researching when bitcoin price is going down and when the price is going up. I think society and the environment still have a lot of skepticism about Bitcoin, which maybe puts us in a cycle when it comes to investing in Bitcoin. In fact, we are still in the early stages of discussing Bitcoin, which makes us skeptical about Holding Bitcoin. We need to gain step by step knowledge about Bitcoin and long term BTC investing strategy.
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Such a new platform really exposes the gamblers, gamblers should be limited to the various websites of the countries having this platform registration which will allow them to access and gamble on mirror websites. I think your platform is a great name in the casino world, and this platform will really make the casino attractive and casino lovers from all the registered countries of the world will welcome your sportsbook and gamblers will flock like monkeys to gamble. Hope your website becomes interesting among casino lovers.
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Hello all! Razed launched around four months ago and I figured it was now time to start a thread on this forum. I would love to hear everyone's thoughts on the site thus far!
Send me a direct message and I'll send some funds your way to test Razed out (first 40).
The buzz you create on this forum by creating a casino account will attract even more gamblers to try this service. welcome to Bitcointalk, you have created a great interface that will boost the casino business and wish you all the best in the gambling industry. I'm new to this forum so I'm looking for some help. How do I create an account here and how can I work with everyone on this forum? |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?
The bull run will never end so wait for the bear time and participate in the bull run, instead of panicking we have to wait and watch the market move. I think bitcoin investment should be for the long term, and future investors have the opportunity to make a big profit. Recently we have seen different market movements of Bitcoin where we can see a Bitcoin crossing around $70k and then falling back to $68k in a matter of hours. Again Bitcoin has almost crossed $72k, so avoid wallet balance check in dollars or invest for long term rather than short term investment and wait to win BTC $100k. |
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We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
Bitcoin is the world's top asset creating a stir in the current online system in the crypto world. 1 trillion from today it will grow bigger and bigger we must accept this fact. Bitcoin will eat up all other weak assets, for example all properties will fall at a price that represents their true value, and its inhabitants will not get wet in a moment of rain. Earlier we saw the ups and downs of Bitcoin as BTC was trading at around $59,228, with a market cap of $1.17 trillion, representing a 2.95% decline, before hitting an all-time high of around $69,170, reaching $70,000. Subsequently, the maximum was exceeded, reaching $73,000 approx. So I think the Bitcoin investment movement should continue moving forward. |
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It is crucial to dip bitcoins by adopting a disciplined informed strategy rather than succumbing to emotional impulses. We who are newbies create various confusing situations due to lack of proper knowledge about bitcoin, which is good and perfect for buying bitcoin and create a chaotic environment about the dips because of the wonder. We who are newbies should get proper knowledge about Bitcoin and master the dip strategy by consulting someone with BTC knowledge. How we can navigate the volatility of the cryptocurrency market with confidence and dip Bitcoin.
Are you planning to dip into Bitcoin? Bitcoin holders will suffer huge losses if Bitcoin just keeps sinking. I don't see Bitcoin market volatility as a negative. As prices rise, so does demand. Not only will the price go down, but it won't go up again. So market volatility is necessary to sustain an asset. Do not be alarmed by this instability. Taking this volatility positively will give you both buying and selling opportunities. It is good to take advantage of dips but must take market volatility positively, you are right that market volatility can't be panicked and there is no need to pressure to buy at rate time when you plan to HOLD. I have come to this forum to learn and gain knowledge to move forward and you will encourage and support me in this matter. |
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We have previously done old online markets on various topics in past years, which were Stocks/Gold. Investing is really helpful in life which provides best quality services to people and we employ it, which we now also call cryptocurrency. Bitcoin is one of the most talked about phenomena in the world of cryptocurrency, but there are many theories about this Bitcoin, many say that Bitcoin investment has no intrinsic value, it does not generate anything, it has no history as a store of value.
Will be scrambling. There is no implicit value other than zero, tell me how can I walk in this forum?
Give me a chance to know!
thank you
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Hackers gain proper knowledge about Bitcoin and accordingly hackers hack INDODEX exchange in the world of cryptocurrency although most of the crypto users out there are hackers who steal crypto assets from hot wallets on the platform. Do you think crypto traders have no objection to this, of course traders can remedy this by using a strong exchange that can reduce their exposure to crypto. I am a newbie so I feel personally ignorant and ignorant about this crypto world so I don't understand the difference between custodial wallets, so please give me a chance to gain knowledge about it.
thank you!
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