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Author Topic: What is your plan with Bitcoin?  (Read 2034 times)
bangjoe
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January 21, 2024, 01:54:03 PM
 #201

My DCA Bitcoin fund runs out in this February, and yes it is quite tiring because it started last year, especially with the volatile market situation and also boring because of the long sideways, to hold it I plan to hold it until the end of this cycle, even if the pattern in the cycle repeats like the same decline and increase after the ATH is created, and undergoes correction again, like before.

But I have a view that for the next cycle it may be different because bitcoin in this cycle is different, I have optimism that bitcoin adoption will grow significantly until the next cycle, because bitcoin will start looting more people if the ATH in bitcoin this time is created again.

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humanvelocity
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January 21, 2024, 02:57:52 PM
 #202

You wanna know the best best way to start investing into BTC? Set aside a monthly budget that you are willing to comfortably spend and continue accumulating btc for a good couple years. Maybe in 10 - 15 years you will either be super rich or have lost most of it.
OGsmall
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January 21, 2024, 10:28:19 PM
 #203

quote author=xzy887 link=topic=5412800.msg60902204#msg60902204 date=1662623289]
but i would rather be trading though than keeping it on a cold wallet.
Quote
Trading is not easy, you may have a good knowledge of the market but those who do not understand this crypto currency will loss a lot when trading for the first time. But if he wants to develop himself as an expert trader then he needs to acquire a good knowledge about cryptocurrencies, not only about trading.So I say don't go trading without good knowledge about crypto currency otherwise you will loss and get disappointed. Later you will have no desire to trade.
Well OP congratulations to you, you on the right forum to learn how to trade you just need a little bit of cash and time, well when trading there are a lot of things you are to learn for example you need to have a good knowledge about cryptocurrency
How it started and so many lot more, for trading you can get some online and offline classes too careful…..
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