Buy the DIP, and HODL!

[I_Anime]

If you are so new to bitcoin and asking such basic questions maybe you need to consider the matter of bitcoin in terms of yourself, and whether you are going to get involved in bitcoin or not.

It should be a lot easier to pay attention, study bitcoin and maybe start to ask more improtant questions in regards to your own preparations if you figure out some kind of strategy and start to follow it, even if you might just start with $100 per week or if you cannot afford $100 per week, then consider something as low as $10 per week  while you are researching and learning more about bitcoin in order that you might figure out what is going to be your position and your targeted allocation, if any.  It can take a while to both build a targeted BTC allocation and also to figure out why you are doing it and maybe how to do it in such a way that is comfortable for you whether that is accumulating through DCA, buying on dip, and/or lump sum investing.

That would be one of the best strategies. Because most newbie would be learning about bitcoin without having any in their portfolio, due to low confidence and trust. Most of these are triggered due to a particular event he or she or someone they know of have encountered in a certain investment. Most time alot of newbie got themselves woumded by investing in a particular altcoins due to lack of proper research. Which may have leave a certain scar that have affected their confidence but still if they have started making good research they will know that "all coins are altcoins except bitcoin" Which is superior to the others in many ways. So is only when you are learning about a certain altcoins you need to hold horses (not making any investing yet) but learning about bitcoin you can start with accumulating some quantities to your portfolio as you are learning about it. Even using DCA strategies to buy $10 per week, as time goes on as you see the beauty of investing in bitcoin you would surely increase your funds in accumulating more bitcoin and the end you will that all your efforts wasn't in vain. When you see the good changes on your portfolio at that time.

[1715334583]

1715334583

[1715334583]

1715334583

[avp2306]

Money is a very valuable thing in our life. Everyone has to work hard enough to earn money, very easy but never money. Since it is difficult to make money, it is natural for an investor to think about it when he invests that money. If an investor invests the entire wealth that he has accumulated over a few months or years, he must think whether he is investing his hard-earned money in the right place. Those who have prior knowledge of investing may not worry so much after investing but this problem is more common among those who are new to investing. In the initial stage an investor thinks a lot after investing but gradually he gets enough confidence in the investment and he gradually starts to trust the investment. If we invest then we must invest with confidence in the investment and if we don't have confidence in the investment then we can never keep that investment for long and we will never get our desired results from that investment.

The reason I so much cherish the DCA method of investing in Bitcoin is because it eliminates most of the concerns you have just raised in your comment. The DCA method helps stop you from worries and continual worries about your investment because you are putting just a little part of your income in a regular basis, in such a way that it will not impact negatively on your living condition. You can practically start investing in Bitcoin through the DCA method provided the basic requirements are met.

Secondly, you don't have to be a pro to invest in Bitcoin through the DCA method, you just have to discipline to follow the principles. It is not like day trading where you need to have expert technical knowledge of the market neither did it require you to be an investor for several years, even a newbie can apply it just like most of us started using it when we have just little knowledge of Bitcoin. This is how simple and cool the DCA method can be and why it is the preferred method for little fries like us who are aspiring to build something significant for the future.

Absolutely the DCA gives an investor room for flexibility to also face other challenges he in real life. The DCA method is perfectly designed to give everybody the opportunity to invest without complaints or the burden of having a huge capital base. Many people today were able to have bitcoin today because of the DCA method. Without the DCA method I don't think many of us could have been able to have the amount of bitcoin we have in our portfolio. I can boldly say that the DCA method is the hope of the common Man I accumulating bitcoin, since we can't measure with the whales.

Exactly, the DCA strategy has become a widespread adoption among people investing in bitcoin and one of the most interesting part it is that it creates opportunity for new investors who don't yet have experience to have a wider and broader knowledge while already taken a position in the market.

To an extent I think one of the reasons why most person have not investment in Bitcoin is because they lack the self confidence and conviction about Bitcoin existence, although it is not for everybody but, considering if Bitcoin has a place in your portfolio definitely requires you looking beyond today's headlines but the future.

Because this is the easiest strategy they can use and I think less hassle compare to short trading where people find it hassle to execute especially that they need to always watch the movement of the market but the profit it can generate to them is so low. That's why when DCA method has been introduced this became adopted so well since people don't need to get stress to rush their buy and sell since they just wait for perfect time to execute their orders.

Aside for lacking of confidence people don't have enough knowledge that's why they are not confident enough to invest on bitcoins, but if they could just able to research all technical aspect of bitcoin also how amazing for this to trade for sure we can see them participating then go with us trade then speculate the future of bitcoin.

[promise444c5]

Aside for lacking of confidence people don't have enough knowledge that's why they are not confident enough to invest on bitcoins, but if they could just able to research all technical aspect of bitcoin also how amazing for this to trade for sure we can see them participating then go with us trade then speculate the future of bitcoin.

You should avoid pyramid post it makes things really buggy , you could bring out your points and quote  singly instead of  quoting all the whole posts

Back to the discussion, it's being said  that you require little or no knowledge to invest in Bitcoin all other learning falls in place as accumulation  goes on and that should include the technical aspect .. All an investor need to understand as a beginner is what choice of investment he/she is willing to take and the choice of storage to choose knowing the pros and cons attache to each storage (simply wallet choice).
Technical aspect my fall in line with knowing how the inputs and outputs work as a beginner and that might not really matter for a start .
So I don't see why not investing or maybe they are too busy thinking  the opposite effect that might take over the market,using and comparing  tokens to an Apex coin.

[Justbillywitt]

If you are so new to bitcoin and asking such basic questions maybe you need to consider the matter of bitcoin in terms of yourself, and whether you are going to get involved in bitcoin or not.

It should be a lot easier to pay attention, study bitcoin and maybe start to ask more improtant questions in regards to your own preparations if you figure out some kind of strategy and start to follow it, even if you might just start with $100 per week or if you cannot afford $100 per week, then consider something as low as $10 per week  while you are researching and learning more about bitcoin in order that you might figure out what is going to be your position and your targeted allocation, if any.  It can take a while to both build a targeted BTC allocation and also to figure out why you are doing it and maybe how to do it in such a way that is comfortable for you whether that is accumulating through DCA, buying on dip, and/or lump sum investing.

Most time alot of newbie got themselves woumded by investing in a particular altcoins due to lack of proper research. Which may have leave a certain scar that have affected their confidence but still if they have started making good research they will know that "all coins are altcoins except bitcoin" Which is superior to the others in many ways. So is only when you are learning about a certain altcoins you need to hold horses (not making any investing yet) but learning about bitcoin you can start with accumulating some quantities to your portfolio as you are learning about it. Even using DCA strategies to buy $10 per week, as time goes on as you see the beauty of investing in bitcoin you would surely increase your funds in accumulating more bitcoin and the end you will that all your efforts wasn't in vain. When you see the good changes on your portfolio at that time.

Any newbie who is starting his/her crypto currency investment and chooses to start with altcoins is solely responsible for whatever outcome they got. As someone who is new to an environment, before you do anything there you have to ask questions so that people around there can give you the proper orientation. As a newbie you don't just jumped and invest in anything in the name of investing in crypto currencies. You should look for people ask people who are already experienced in it before investing. Anyone who has been in the crypto space for long will surely advise you that as a beginner you should start your journey with bitcoin investment, as your money is more secured in it. Bitcoin has always been there and will continue to be. But there were altcoins that where there few years ago and today they are no where to be found. So I will say it's a big mistake for newbies to venture into altcoins.

[I_Anime]

As someone who is new to an environment, before you do anything there you have to ask questions so that people around there can give you the proper orientation. As a newbie you don't just jumped and invest in anything in the name of investing

you're right. But you know that to see someone that would be good enough to put you through in stuff concerning this crypto space as a newbie ain't gonna be easy. While looking for people that close to you that have good idea about bitcoin investment you may endup learning from a person with an half-size knowledge also that may end up bad. Most people as don't have the privilege we have here to learn from most knowledgeable users in this forum. So most time it ain't their fault to make some rash decisions investing on a wrong projevt because they where mislead by a particular individual whom claim to be pro but end up to just be an individual with an half-size knowledge.

That why most time most newbie prefer to be a selfleaner. Which Also good because that may still help I. Building good habits in researching but still learning from others with good experience and also doing your own self learning  and personal researching is just the best that would help in building a good stamina or solid foundation about investing and this crypto space. In learning more about bitcoin investment also.

[Mayor of ogba]

If an investor invests the entire wealth that he has accumulated over a few months or years, he must think whether he is investing his hard-earned money in the right place.

Investing all your entire wealth on bitcoin is a bad investment strategy, because for you to be successful in your bitcoin journey. you don't need to invest all your wealth on bitcoin without having an emerfency funds to back you up when an emergency arise and it will make you to go and sell your bitcoin to take care of your emergency, which has terminated the purpose of increasing your investment, and long term hodli,

Anyone who invested his or her whole fund in Bitcoin without making a provision for an emergency fund will not only reduce his or her bitcoin holding because he or she sold a fraction of his bitcoin to settle his financial needs but will completely miss out on holding a bitcoin because he or she will continue to sell his bitcoin holding to survive since there was no provision for an emergency fund. If you are investing in bitcoin, use 10% of your salary to accumulate your bitcoin weekly or monthly with the DCA strategy so that you can make provisions for an emergency fund that will take care of your financial needs, so that you will not depend on your bitcoin investment to sort your financial needs out.

[Rabata]

If an investor invests the entire wealth that he has accumulated over a few months or years, he must think whether he is investing his hard-earned money in the right place.

Investing all your entire wealth on bitcoin is a bad investment strategy, because for you to be successful in your bitcoin journey. you don't need to invest all your wealth on bitcoin without having an emerfency funds to back you up when an emergency arise and it will make you to go and sell your bitcoin to take care of your emergency, which has terminated the purpose of increasing your investment, and long term hodli,

Anyone who invested his or her whole fund in Bitcoin without making a provision for an emergency fund will not only reduce his or her bitcoin holding because he or she sold a fraction of his bitcoin to settle his financial needs but will completely miss out on holding a bitcoin because he or she will continue to sell his bitcoin holding to survive since there was no provision for an emergency fund. If you are investing in bitcoin, use 10% of your salary to accumulate your bitcoin weekly or monthly with the DCA strategy so that you can make provisions for an emergency fund that will take care of your financial needs, so that you will not depend on your bitcoin investment to sort your financial needs out.

A long term plan is needed to increase bitcoin funds. If an investor wants he can increase his investment up to 10% of his income or up to a maximum of 30% as per his financial condition. Bitcoin investors must keep in mind don't invest there which has to be withdraw before the expected period of time. Those are making such investments must reduce the amount or they can full fill through other sources. Investing in Bitcoins is not as a get-rich-quick scheme its need time. A bitcoin holder must follow the DCA and plan long term, he can easily reach his desire goal. I don't discourage those who want to put all their savings in Bitcoin because Bitcoin can definitely take you to your expected level but you have to be patient. If you can keep your savings in Bitcoins apart from your emergency expenses then you will be more profitable in Bitcoin than any other investment in the long run.

[Pikachi42]

That would be one of the best strategies. Because most newbie would be learning about bitcoin without having any in their portfolio, due to low confidence and trust. Most of these are triggered due to a particular event he or she or someone they know of have encountered in a certain investment. Most time alot of newbie got themselves woumded by investing in a particular altcoins due to lack of proper research. Which may have leave a certain scar that have affected their confidence but still if they have started making good research they will know that "all coins are altcoins except bitcoin" Which is superior to the others in many ways. So is only when you are learning about a certain altcoins you need to hold horses (not making any investing yet) but learning about bitcoin you can start with accumulating some quantities to your portfolio as you are learning about it. Even using DCA strategies to buy $10 per week, as time goes on as you see the beauty of investing in bitcoin you would surely increase your funds in accumulating more bitcoin and the end you will that all your efforts wasn't in vain. When you see the good changes on your portfolio at that time.

I would say for newbies  in crypto currency investment, if you are interested in investing in crypto or altcoins, you should first get advice from experienced people. Then it is important to gain experience from them. Then you can protect your money from loss.

As, I am new to this platform. I am currently trying to gain experience from an experienced person and raise money for investment without any investment involvement.

If you are interested in investing in Bitcoin, then at the beginning you need to know all the information related to Bitcoin. When was Bitcoin, how was it invented, what was its value and what is its future in the coming days? I think it is necessary for newbies to know these. I think it is the right time for you to invest in Bitcoin when you are able to acquire all the information

[Tmoonz]

Money is a very valuable thing in our life. Everyone has to work hard enough to earn money, very easy but never money. Since it is difficult to make money, it is natural for an investor to think about it when he invests that money. If an investor invests the entire wealth that he has accumulated over a few months or years, he must think whether he is investing his hard-earned money in the right place. Those who have prior knowledge of investing may not worry so much after investing but this problem is more common among those who are new to investing. In the initial stage an investor thinks a lot after investing but gradually he gets enough confidence in the investment and he gradually starts to trust the investment. If we invest then we must invest with confidence in the investment and if we don't have confidence in the investment then we can never keep that investment for long and we will never get our desired results from that investment.

The reason I so much cherish the DCA method of investing in Bitcoin is because it eliminates most of the concerns you have just raised in your comment. The DCA method helps stop you from worries and continual worries about your investment because you are putting just a little part of your income in a regular basis, in such a way that it will not impact negatively on your living condition. You can practically start investing in Bitcoin through the DCA method provided the basic requirements are met.

Secondly, you don't have to be a pro to invest in Bitcoin through the DCA method, you just have to discipline to follow the principles. It is not like day trading where you need to have expert technical knowledge of the market neither did it require you to be an investor for several years, even a newbie can apply it just like most of us started using it when we have just little knowledge of Bitcoin. This is how simple and cool the DCA method can be and why it is the preferred method for little fries like us who are aspiring to build something significant for the future.

Absolutely the DCA gives an investor room for flexibility to also face other challenges he in real life. The DCA method is perfectly designed to give everybody the opportunity to invest without complaints or the burden of having a huge capital base. Many people today were able to have bitcoin today because of the DCA method. Without the DCA method I don't think many of us could have been able to have the amount of bitcoin we have in our portfolio. I can boldly say that the DCA method is the hope of the common Man I accumulating bitcoin, since we can't measure with the whales.

Exactly, the DCA strategy has become a widespread adoption among people investing in bitcoin and one of the most interesting part it is that it creates opportunity for new investors who don't yet have experience to have a wider and broader knowledge while already taken a position in the market.

To an extent I think one of the reasons why most person have not investment in Bitcoin is because they lack the self confidence and conviction about Bitcoin existence, although it is not for everybody but, considering if Bitcoin has a place in your portfolio definitely requires you looking beyond today's headlines but the future.

Aside for lacking of confidence people don't have enough knowledge that's why they are not confident enough to invest on bitcoins,

I don't agree to this because I just stated it clearly that the DCA strategy gives room for non expert (that is someone that doesn't have a enough knowledge) to invest in Bitcoin and have more knowledge in the process of investing and it has always been said that you don't need to have enough knowledge before investing in bitcoin, Bitcoin is a fast growing asset with innovations and trends that waiting to have enough knowledge of it before investing will lead to procrastination and you will never invest.

Having the enough knowledge you are talking about will only come when you are already in your accumulation process and on the other without self conviction and confidence you can't invest even if you have the so claim enough knowledge.

[Cryptoprincess101]

Exactly, the DCA strategy has become a widespread adoption among people investing in bitcoin and one of the most interesting part it is that it creates opportunity for new investors who don't yet have experience to have a wider and broader knowledge while already taken a position in the market.

To an extent I think one of the reasons why most person have not investment in Bitcoin is because they lack the self confidence and conviction about Bitcoin existence, although it is not for everybody but, considering if Bitcoin has a place in your portfolio definitely requires you looking beyond today's headlines but the future.

Basically, the DCA is a very important strategy that ought to be adhered by any beginner who wish to explore in the long term buying and holdling of Bitcoin which is a more profitable way in Bitcoin investment but however, the causes of the reasons why most beginners fail during their investments journey is as a result of procrastination rather than taking the risk, they would rather begin to imagine some negativity and uncertainty in the course of their investments without being optimistic that they would actually reap the dividends of their investments in the future though anyone who is new into any form of investment is always afraid which is normal because since you are not familiarize with how the system works so definitely you won't be too forward until you've experienced notable success.

If any investor wishes to reap a long term investment benefits then looking beyond the headlines should be the priority of such an investor because if they keep looking at what is being said about Bitcoin all day then actually they can run into some random news that will destabilize their state of mind and insert fear in them which will lead to not fulfilling their investment objectives and goals.

[Moreno233]

Aside for lacking of confidence people don't have enough knowledge that's why they are not confident enough to invest on bitcoins, but if they could just able to research all technical aspect of bitcoin also how amazing for this to trade for sure we can see them participating then go with us trade then speculate the future of bitcoin.

I can tell you for a fact that Knowledge is not all you need to hold Bitcoin. You will be surprised to know that most experts and tech savvy guys are not holding large chunk of Bitcoin, not that they did not meet Bitcoin early but their vision is just as limited as those of others who do not have the expert knowledge they have. What is needed to invest in Bitcoin is just the basic knowledge and not expert knowledge like many people think. However, expert knowledge is good but it does not guarantee that it will make someone invest in and hold Bitcoin better.

If any investor wishes to reap a long term investment benefits then looking beyond the headlines should be the priority of such an investor because if they keep looking at what is being said about Bitcoin all day then actually they can run into some random news that will destabilize their state of mind and insert fear in them which will lead to not fulfilling their investment objectives and goals.

I agree with you, the mainstream media is basically run by people who do not have faith in Bitcoin. The have this special way of amplifying the risk associated with investment in Bitcoin, it will really be difficult to be active listener of those headlines and still have confidence in holding Bitcoin for a long term. Well, since I started the DCA method, I'm no longer bothered by those news because I have done my own research and drew my conclusion about Bitcoin which have proven those experts wrong on several occasions.

[Litzki1990]

Success in investing is a form of our confidence and focus in forming our trust in Bitcoin. Yes, despite the many reasons stated, sometimes it's just a matter of time which is a big problem for them, but I don't think that's a measure to prevent us from investing in Bitcoin. Some of them may have invested early in Bitcoin at a cheap price and that is an advantage for them. But for beginners who are new to Bitcoin, of course they have to focus and take an approach to learning about Bitcoin and accumulating Bitcoin by starting from a smaller amount.

We understand how difficult it is for newbies to make decisions because we too were once newbies. Courage is the most important thing in investing, if an investor starts his investment without courage, it will never become an investment. Those who know about investment and those who are interested in investing should dare to start their own investment. Not only in investing but also in many other fields I have had such practical experience that a little bit of courage has helped me to do my entire job well.

I was afraid to travel by sea even though I knew how to swim and I always used to travel by sea but my personal needs one day made it a necessity for me to travel by sea. At that time I was afraid but I decided to go by sea with a bit of courage in my mind and since the first time I took a bit of courage to go by sea it has become a very easy thing for me. Now I don't need to think about going by sea, I go by sea without hesitation. That is, if I hadn't made the bold decision the first time, I would have been afraid to set sail by now. Similarly there are investors who are going to start investing but haven't started investing yet they will initially fear that something bad might happen to them if they invest money. But if they start investing with the amount of money they have with a little bit of courage, then the different ideas they have towards investment will disappear and they will be able to easily adopt the investment.

Many of us have gone through difficult times in our lives, especially making many mistakes in Bitcoin investment but all of that has become an experience not to repeat. For that reason, for those of you who have prepared step by step to accumulate Bitcoin, keep doing it and don't assume that currently the price is expensive and you are postponing your purchase. Because to find a cheap price, of course you have to buy it regularly, of course, in all the purchases we have made, we will find a purchase at a cheaper price in our investment.

I don't think people who are currently investing in Bitcoin think the current price of Bitcoin is expensive because if they thought the current price was expensive they wouldn't have invested. But your assumption is correct that there are many investors who are considering the current price as the maximum value and those investors are not investing now. I agree with you that no matter what price condition we invest in we can never assume that we are investing during the peak price and the market is unlikely to rise from this time. We can't have such an idea at all but we can have an idea that we are investing consistently and at the end of certain period this investment will definitely give us something good. Since our plan is to always hold bitcoins deeply, we will only buy and hold bitcoins, which is the most efficient way to invest.

If the initial target is 1 year then focus well because 1 year is only a short time if you are full of confidence in what you have planned. Yes, after a successful first year of course the best option is to target the investment in the long term or for our future. Staying focused on your respective stances with purchases with a budget of $30 is certainly not a difficult thing to do, but yes, stay consistent if our target is long-term investment.

When investors invest in the initial stage, they have a target level that they will hold the investment for a certain period of time, while there are some investors who only want to hold bitcoins deeply, in this case they do not have a fixed time frame. The initial few months after investing in Bitcoin are the most challenging for an investor and investors who are able to hold onto their investments during that time will definitely hold their investments deep. If the investor can hold his investment for one year in the initial stage and he can invest continuously for this one year then he will understand the fun of investment and he will hold his investment for a longer period later. Since there are some simple investment strategies, investors can now comfortably hold their investments and continue to hold them for a long time.

[nara1892]

Exactly, the DCA strategy has become a widespread adoption among people investing in bitcoin and one of the most interesting part it is that it creates opportunity for new investors who don't yet have experience to have a wider and broader knowledge while already taken a position in the market.

To an extent I think one of the reasons why most person have not investment in Bitcoin is because they lack the self confidence and conviction about Bitcoin existence, although it is not for everybody but, considering if Bitcoin has a place in your portfolio definitely requires you looking beyond today's headlines but the future.

Aside for lacking of confidence people don't have enough knowledge that's why they are not confident enough to invest on bitcoins,

I don't agree to this because I just stated it clearly that the DCA strategy gives room for non expert (that is someone that doesn't have a enough knowledge) to invest in Bitcoin and have more knowledge in the process of investing and it has always been said that you don't need to have enough knowledge before investing in bitcoin, Bitcoin is a fast growing asset with innovations and trends that waiting to have enough knowledge of it before investing will lead to procrastination and you will never invest.

Basically, this is one of the advantages that the DCA strategy has, as we know that DCA is a strategy that makes it easier for all individuals involved in bitcoin investment especially for those beginners who have just come, lack of understanding and experience is always the cause of delays as you said and this is the reason why the DCA strategy exists to make it easier for everyone who wants to invest without having to wait to gain a lot of experience because obviously it will take a lot of their time, But I am not saying that you don't have to learn, the point is that you can start investing in bitcoin by using the DCA strategy and on the other hand you should also gradually learn about the world of investment because after all having knowledge will make it easier. As you said that bitcoin will continue to grow and there is no stagnation in terms of the nature or habits of the market, meaning that there will be a delay that is not really needed because there is already a DCA that can overcome this.

Having the enough knowledge you are talking about will only come when you are already in your accumulation process and on the other without self conviction and confidence you can't invest even if you have the so claim enough knowledge.

Therefore, as the main point in our statement above that it is better to start investing as early as possible because there is a DCA that we can use and take advantage of and as I said above that in addition we run the accumulation of course on the other hand we also have to learn while learning to increase knowledge and experience so that over time we can experience improvements and changes for the better until we can achieve the main goal of consistent profits, but on the other hand the advice is still that we should not ignore some important things such as risk management so that we can stay safe on the journey.

[7juju]

If any investor wishes to reap a long term investment benefits then looking beyond the headlines should be the priority of such an investor because if they keep looking at what is being said about Bitcoin all day then actually they can run into some random news that will destabilize their state of mind and insert fear in them which will lead to not fulfilling their investment objectives and goals.

I agree with you, the mainstream media is basically run by people who do not have faith in Bitcoin. The have this special way of amplifying the risk associated with investment in Bitcoin, it will really be difficult to be active listener of those headlines and still have confidence in holding Bitcoin for a long term. Well, since I started the DCA method, I'm no longer bothered by those news because I have done my own research and drew my conclusion about Bitcoin which have proven those experts wrong on several occasions.

Not that the people who run the mainstream media don't have faith in bitcoin. You have to understand that those Media houses are doing their business and the more they criticize bitcoin the more traffic they generate in their channel. This is a well calculated moves and they know what they are doing. You know most of the world population don't have bitcoin yet and many don't even believe in bitcoin and they are looking for every negative news about bitcoin so they can comment and share their negative views. Most of these negative news are sponsored buy some whales who wants newbies and weaker hands to sell off their bitcoins so they can buy cheaply. It is left for you as a hodler to quickly understand these tricks that they usually use the media houses to manipulate the market.

[Mayor of ogba]

That would be one of the best strategies. Because most newbie would be learning about bitcoin without having any in their portfolio, due to low confidence and trust. Most of these are triggered due to a particular event he or she or someone they know of have encountered in a certain investment. Most time alot of newbie got themselves woumded by investing in a particular altcoins due to lack of proper research. Which may have leave a certain scar that have affected their confidence but still if they have started making good research they will know that "all coins are altcoins except bitcoin" Which is superior to the others in many ways. So is only when you are learning about a certain altcoins you need to hold horses (not making any investing yet) but learning about bitcoin you can start with accumulating some quantities to your portfolio as you are learning about it. Even using DCA strategies to buy $10 per week, as time goes on as you see the beauty of investing in bitcoin you would surely increase your funds in accumulating more bitcoin and the end you will that all your efforts wasn't in vain. When you see the good changes on your portfolio at that time.

I would say for newbies  in crypto currency investment, if you are interested in investing in crypto or altcoins, you should first get advice from experienced people. Then it is important to gain experience from them. Then you can protect your money from loss.

As, I am new to this platform. I am currently trying to gain experience from an experienced person and raise money for investment without any investment involvement.

If you are interested in investing in Bitcoin, then at the beginning you need to know all the information related to Bitcoin. When was Bitcoin, how was it invented, what was its value and what is its future in the coming days? I think it is necessary for newbies to know these. I think it is the right time for you to invest in Bitcoin when you are able to acquire all the information

This thread does not support investment in altcoins. I have told you before to read the comments that are posted here so you will know how to communicate here freely without spamming this thread. Investing in altcoins is not a wise choice to make as a newbie because you will lose all your funds to scammers who will develop a pump-and-dump token just to scam. As a newbie, you can invest in bitcoin with the DCA strategy at regular intervals, and the DCA strategy will help control the volatility of bitcoin in your bitcoin investment. For instance, if you buy your first bitcoin when the bitcoin price is $40k and the second at $42k. If the Bitcoin price dips to $39k, the one you bought at $40k will make up for the one you bought at $42k, and you will not be at a great loss.

[erep]

If you are investing 25% of your income, then maybe you are going to reach 4 years of your salary invested into bitcoin after 4 years; however, if you are ONLY investing 10%, then it will take you 10 years to reach 1 year invested.  Yet at the same time, if BTC performs well in the next 4-10 years, then you might be able to have more saved and maybe you could be in a better position to consider what your goals might be from there - whether you are working towards reaching fuck you status or maybe something else.. and part of the framing of your goals will have to do with your own ideas regarding what it is that you are trying to achieve.

I like your investment strategy but invest 25% of annual income and that investment amount is very minimum, I think the targeted DCA strategy might be 10-15% of the accumulated price of wealth, the DCA target estimate will be achieved in 2-3 years, I have implemented that strategy for personal purposes and I have reduced savings to increase assets. I think it is worth sharing with other investors if you want to hold large amounts of assets for the target of profit accumulation when the market reaches ATH.

Some people have a disposable/discretionary income that happens to be real high like 50% of their total income and others might have only 5% 10%, so they will be struggling more in terms of having funds available to aggressively invest into bitcoin and/or to build their emergency fund.

Some people implement wrong management in financial budgeting so that they prioritize spending/discretionary funds without increasing the allocation of funds for savings and investment, they will not have high assets for their crypto portfolio because they do not focus on future asset profits and they will realize mismanagement finances when the crypto market has reached ATH, the main mistake factor is because they are not sure about investing in crypto and they are too afraid of losses from market corrections, another influencing factor is that monthly income is still low so they do not allocate funds for savings and investment. The solution to this problem must be to increase they must increase their monthly income from other jobs and they must start making small savings consistently from their monthly income, if they are used to budgeting funds for savings then they will look for other solutions to grow the value of investing in bitcoin.

[Ricardo11]

If an investor invests the entire wealth that he has accumulated over a few months or years, he must think whether he is investing his hard-earned money in the right place.

Investing all your entire wealth on bitcoin is a bad investment strategy, because for you to be successful in your bitcoin journey. you don't need to invest all your wealth on bitcoin without having an emerfency funds to back you up when an emergency arise and it will make you to go and sell your bitcoin to take care of your emergency, which has terminated the purpose of increasing your investment, and long term hodli,

Anyone who invested his or her whole fund in Bitcoin without making a provision for an emergency fund will not only reduce his or her bitcoin holding because he or she sold a fraction of his bitcoin to settle his financial needs but will completely miss out on holding a bitcoin because he or she will continue to sell his bitcoin holding to survive since there was no provision for an emergency fund. If you are investing in bitcoin, use 10% of your salary to accumulate your bitcoin weekly or monthly with the DCA strategy so that you can make provisions for an emergency fund that will take care of your financial needs, so that you will not depend on your bitcoin investment to sort your financial needs out.

I have discussed such topics before :- https://bitcointalk.org/index.php?topic=5477689.msg63566680#msg63566680

Of course, we should not invest the entire fund, problems may arise at any time, and leave some cash to solve those problems. Because bitcoin holdings must be for the long term. If you sell your Bitcoin holdings because you don't have an emergency fund in place, you could lose more. It is best to invest in DCA method. If he invests 10 to 20% of his income every month in Bitcoin by DCA method, he can easily fulfill his dream. So then, you never have to close your Bitcoin holdings and you can solve your emergency problems and live very well.

[wendty]

 Every dip is an opportunity for every investors, but it all depend how was the situation affect your deliberation to acquire enough profits. It is too risky to decide, but we have to take the risk if we are aiming to earn enormous profits. Don't be doubtful for every decision you have take, it is about a strategy you created, if you want to earn then spend time to keep holding and if you are doubtful then do not invest, it may frustrate you and lose you as well.

[Salahmu]

It should be a lot easier to pay attention, study bitcoin and maybe start to ask more improtant questions in regards to your own preparations if you figure out some kind of strategy and start to follow it, even if you might just start with $100 per week or if you cannot afford $100 per week, then consider something as low as $10 per week  while you are researching and learning more about bitcoin in order that you might figure out what is going to be your position and your targeted allocation, if any.  It can take a while to both build a targeted BTC allocation and also to figure out why you are doing it and maybe how to do it in such a way that is comfortable for you whether that is accumulating through DCA, buying on dip, and/or lump sum investing.

Yeah you are right sir as someone who is new into Bitcoin it will be of a great importance for him by paying attention to study the investment very well because through the study he may figure out other strategies that will be of great beneficial to his Bitcoin accumulation but however I believe that is always advisable for someone who is new on Bitcoin to start accumulating Bitcoin while he is learning about Bitcoin because the reason why I'm saying that is because most people are normally propelled or attracted the more when they are seeing the practical aspects of what they are learning because with that method there mindset and perception on Bitcoin will be improved and perhaps the person could start with any amount that would be suitable for him, even if is $5 or $10 weekly he could start from there maybe as time goes by he could decide to increase his accumulation amount depending on his investment portfolio.

Exactly, the DCA strategy has become a widespread adoption among people investing in bitcoin and one of the most interesting part it is that it creates opportunity for new investors who don't yet have experience to have a wider and broader knowledge while already taken a position in the market.

Perhaps you could be right because so many investors especially the new ones always have the fear of losing out of the market, which has regularly affected so many investors because they believe that with the potential of Bitcoin the only way they could enjoy there investment is by putting everything they have and along the line they get affected. So perhaps coming to know about DCA strategy became a game changer for them because they were able learn about ways they could keep investing on Bitcoin on a regular basis with free of easily getting in trouble on the process.

If any investor wishes to reap a long term investment benefits then looking beyond the headlines should be the priority of such an investor because if they keep looking at what is being said about Bitcoin all day then actually they can run into some random news that will destabilize their state of mind and insert fear in them which will lead to not fulfilling their investment objectives and goals.

I agree with you because Media has been one of the factors that has affected so many new investors mindset do to wrong information about Bitcoin because the reason why it affects most investors is that as people who doesn't really no much about Bitcoin they tend to ask questions and also go to media to no more about Bitcoin and if perhaps they got a very wrong information about Bitcoin investment from the site it normally influences there judgment on Bitcoin, that's why is mostly encouraged for most people who are new into Bitcoin to focus on there accumulation of Bitcoin and remove there mindset from media.

[Justbillywitt]

Exactly, the DCA strategy has become a widespread adoption among people investing in bitcoin and one of the most interesting part it is that it creates opportunity for new investors who don't yet have experience to have a wider and broader knowledge while already taken a position in the market.

To an extent I think one of the reasons why most person have not investment in Bitcoin is because they lack the self confidence and conviction about Bitcoin existence, although it is not for everybody but, considering if Bitcoin has a place in your portfolio definitely requires you looking beyond today's headlines but the future.

Basically, the DCA is a very important strategy that ought to be adhered by any beginner who wish to explore in the long term buying and holdling of Bitcoin which is a more profitable way in Bitcoin investment but however, the causes of the reasons why most beginners fail during their investments journey is as a result of procrastination rather than taking the risk, they would rather begin to imagine some negativity and uncertainty in the course of their investments without being optimistic that they would actually reap the dividends of their investments in the future though anyone who is new into any form of investment is always afraid which is normal because since you are not familiarize with how the system works so definitely you won't be too forward until you've experienced notable success.

If any investor wishes to reap a long term investment benefits then looking beyond the headlines should be the priority of such an investor because if they keep looking at what is being said about Bitcoin all day then actually they can run into some random news that will destabilize their state of mind and insert fear in them which will lead to not fulfilling their investment objectives and goals.

Bitcoin investment and hodling is for all both the knowledgeable, semi knowledgeable and those who are not very knowledgeable. Provided you know how to buy bitcoin from a cex or Dex and also know that you are to keep your wallet key private, then you are good to go. What is important in bitcoin investment is just following the established principles that are required to successfully hold your bitcoin for the number of years you intend holding. There is no special knowledge needed to own a bitcoin, as you are not feeding the bitcoin or solve any mathematical problems before holding bitcoin. Buying and holding bitcoin is not a rock science that only genius can do, it is open to all. What is important is the ability to hold your bitcoin for long.