new to investing in btc

[uchegod-21]

As someone new to investing, how can I balance regularly putting in a set amount each week with grabbing extra when prices dip to protect my money and grow it smartly over the next few years?

You have two options: either you buy heavily when the price dips and hodl that lump sum for a long period of time, or you buy the same amount of Bitcoin weekly or monthly (according to your capacity), irrespective of the dip or pump at the time of buying. Investing in Bitcoin should not be complicated.  Bitcoin is volatile, so that balance may not be necessary. Just make plans for a long term journey.

[Fiasem20]

Firstly,I wish you a successful accumulation journey in your bitcoin investment,hope you know bitcoin is not a get quick scheme, it's an investment for the long term.So many bitcoiners have mentioned the preferred strategy a beginner should start with,which is the DCA strategy,there are three strategies for accumulating bitcoin;
1.DCA strategy:This strategy gives an investor the ease to invest on a fixed amount at a regular interval, irrespective of the price.
2.Lump sum:Lump sum is the opposite of DCA, this strategy involves investing your funds on an asset at once.For example,if a person has $2000 and decides to put all that amount into Bitcoin at once that's called lump sum strategy.
3.Buying the dip:This strategy involves buying an asset when there's a price decline.This strategy is only common amongst volatile assets like Bitcoin.

[SmartCharpa]

As someone new to investing, how can I balance regularly putting in a set amount each week with grabbing extra when prices dip to protect my money and grow it smartly over the next few years?

According to the day of registration of your account on this forum, you don't look to be a newbie because your account was registered here for over 7 years now, and I think you should be familiar with everything here and have some knowledge when investing. Moreover, you didn't mention the type of investment you are going to make, because everyone has a different investment thinking, some prefer short-term investments, and some like investing in Bitcoin for a long time.

However, before I give my suggestions, make sure you are financially okay before you make any investments. If you invest in Bitcoin, you are going to have less worry about your investment when the market price changes since you cannot lose money. Avoid altcoins because you can lose money before you even close your eyes. So, regardless of market price, Bitcoin is a safe investment to make continuously, either weekly or monthly.

[Onyeeze]

As someone new to investing, how can I balance regularly putting in a set amount each week with grabbing extra when prices dip to protect my money and grow it smartly over the next few years?

Each person has it own investment method, but what I want to let you is that we need to know that during investment you will be one that will decide on how you will invest on bitcoin without having a much load by your side, so I believe that anyone that want to be investing gradually it's the person's business, because I know that investment is something we have to know very well, if you can be dropping small amount of your investment and with a gradual process and with the small you invest within 6 months you have accumulate a lot.

[ndutndut]

As someone new to investing, how can I balance regularly putting in a set amount each week with grabbing extra when prices dip to protect my money and grow it smartly over the next few years?

You have two options: either you buy heavily when the price dips and hodl that lump sum for a long period of time, or you buy the same amount of Bitcoin weekly or monthly (according to your capacity), irrespective of the dip or pump at the time of buying. Investing in Bitcoin should not be complicated.  Bitcoin is volatile, so that balance may not be necessary. Just make plans for a long term journey.

The first way will be difficult for a beginner because of course with large funds it will certainly make him panic if there is a decline, because even if we buy when the price drops, bitcoin can drop again, we cannot predict how much the price will drop. As a beginner, of course emotions and specifications are not yet stable, so the second step may be more appropriate, by buying periodically with small money for the long term.

Bitcoin investment, although very safe from other assets, especially for the long term, we must start with small capital so that this will also train us to control emotions and so on because the price of bitcoin is very volatile. Over time, we will also slowly learn the characteristics of the market and then slowly start with larger funds. Everything, especially if you are still a beginner, it is better to start with small funds.

[blackberrman]

It is very important to research Bitcoin thoroughly, however, Bitcoin is a digital currency, since Bitcoin is not controlled by any central government or bank, it provides freedom to users, the price of Bitcoin also fluctuates, in Bitcoin you can see profits as well as dumping, so you need to gain enough expertise in investing otherwise you will panic.