Buy Buy Buy or Sell Sell Sell?

[Popkon6]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Update, your speculation was right. It did surpass its previous cap. Right now its sitting at $72,000. What we can entail from this is to always hold bitcoin. When it dumps, thats the time to buy and wait for it to go back up and reach a certain threshold to sell.

This your statement that I made bold is just too pathetic because you don't know shit on how Bitcoin investment should be carried out, what you should be doing now is learning how to buy regardless of it current price and hold, not this shit you are saying here that we should buy when the market is down and sell once it appreciate in value.
That's not how investment in Bitcoin works because selling for minimal gains wouldn't impact or change anything in your financial history, so why selling when you can build a generational wealth with it if you can hold strong into the future.
Look at all the traders that have been buying and selling for minimal gains, what difference has it made in the finance?
My advice to you now is to keep cool and learn, not by trying to lecture those you should be learning from.

The guy is actually confused and from it is obvious from his statement that he is not actually investing in bitcoin but rather trading and gambling with it and still calling it investment. The statement buying bitcoin when it dumps and then selling when the price is up , this is the mindset of traders and not investor . It is not only during a dump or dip that investors do buy bitcoin. It is the characteristics of a trader to buy when there is price dump and then sell when there is an increase

Those who want to receive benefits from Bitcoin investments quickly are mainly misleading the newbies. Because Bitcoin investments can only be benefited from after holding them patiently and for a long time, but those who are greedy for money basically receive benefits from Bitcoin investments within a short time. Such information is misleading the newbies in Bitcoin investments and plays a sufficient role in creating reluctance.
So I say that Bitcoin should be invested according to the DCA method, after holding them patiently for a long time, massive benefits will definitely be gained from it. However, according to the Bitcoin investment plan, there must be a time frame of 10 to 12 years, then it will be identified as an ideal Bitcoin investment.

[MissNonFall9]

Dollar Cost Averaging(DCA) to me is the most easiest strategy for new investors who are just starting out on their journey for accumulating bitcoin because it allows the buying of bitcoin continuously with the money one can afford to set aside.

Using DCA when price drop your money buy more bitcoin, when it rises it buy less bitcoin, but you are still  accumulating bitcoin, over time this strategy smooth out volatility and reduces emotional  stress of trying to time the market. The key to successfully DCA is discipline and consistency, focus on regular accumulation rather than short term price movement.

Not only for beginners, but the dollar cost averaging system is a very useful and popular investment method for investors of all levels. Because here you can buy Bitcoin at an average price, where there is no much pressure to invest. No matter how much the price of Bitcoin fluctuates, it enriches our portfolio.

[Hardyrobust]

Dollar Cost Averaging(DCA) to me is the most easiest strategy for new investors who are just starting out on their journey for accumulating bitcoin because it allows the buying of bitcoin continuously with the money one can afford to set aside.

Using DCA when price drop your money buy more bitcoin, when it rises it buy less bitcoin, but you are still  accumulating bitcoin, over time this strategy smooth out volatility and reduces emotional  stress of trying to time the market. The key to successfully DCA is discipline and consistency, focus on regular accumulation rather than short term price movement.

Not only for beginners, but the dollar cost averaging system is a very useful and popular investment method for investors of all levels. Because here you can buy Bitcoin at an average price, where there is no much pressure to invest. No matter how much the price of Bitcoin fluctuates, it enriches our portfolio.

The DCA strategy is not just limited to beginners both investors that has being into bitcoin investment for years are still accumulating bitcoin using DCA strategy. However when compared to other strategies it is beginners friendly since newbies can start out there investment with any amount and also they don't need to wait for a certain price before they can start buying.

[I_Anime]

Dollar Cost Averaging(DCA) to me is the most easiest strategy for new investors who are just starting out on their journey for accumulating bitcoin because it allows the buying of bitcoin continuously with the money one can afford to set aside.

Using DCA when price drop your money buy more bitcoin, when it rises it buy less bitcoin, but you are still  accumulating bitcoin, over time this strategy smooth out volatility and reduces emotional  stress of trying to time the market. The key to successfully DCA is discipline and consistency, focus on regular accumulation rather than short term price movement.

Not only for beginners, but the dollar cost averaging system is a very useful and popular investment method for investors of all levels. Because here you can buy Bitcoin at an average price, where there is no much pressure to invest. No matter how much the price of Bitcoin fluctuates, it enriches our portfolio.

Is not for specific group (not for the poor, not for the rich etc.) . Anyone can make use of any strategy of their choice, dca is one of the best buying strategy doesn’t mean others don’t make use of other  strategies like , lumpsum , buying the dip . Most time those that have already reach their accumulation usually prefer using buying the dip , because they don’t actually have target goal anymore , all they are doing is just topping their holding by taking opportunity of the dip .

[ASloveapg]

Dollar Cost Averaging(DCA) to me is the most easiest strategy for new investors who are just starting out on their journey for accumulating bitcoin because it allows the buying of bitcoin continuously with the money one can afford to set aside.

Using DCA when price drop your money buy more bitcoin, when it rises it buy less bitcoin, but you are still  accumulating bitcoin, over time this strategy smooth out volatility and reduces emotional  stress of trying to time the market. The key to successfully DCA is discipline and consistency, focus on regular accumulation rather than short term price movement.

Not only for beginners, but the dollar cost averaging system is a very useful and popular investment method for investors of all levels. Because here you can buy Bitcoin at an average price, where there is no much pressure to invest. No matter how much the price of Bitcoin fluctuates, it enriches our portfolio.

The DCA strategy is not just limited to beginners both investors that has being into bitcoin investment for years are still accumulating bitcoin using DCA strategy. However when compared to other strategies it is beginners friendly since newbies can start out there investment with any amount and also they don't need to wait for a certain price before they can start buying.

The DCA strategy is designed for those who have been investing for years, not just those who are just starting out. Rather, DCA is suitable for every investor, who decides to hold on for a minimum of four years or more, they can definitely invest through the DCA strategy. DCA is a consistent strategy that is especially suitable for long-term holders. Those who think of profit through the strategy of buying and selling in the short term, most of the time they do not get the expected results but face unexpected losses, but if we can invest consistently, it creates better profit possibilities for us.

[allfriends88]

The DCA strategy is designed for those who have been investing for years, not just those who are just starting out. Rather, DCA is suitable for every investor, who decides to hold on for a minimum of four years or more, they can definitely invest through the DCA strategy. DCA is a consistent strategy that is especially suitable for long-term holders. Those who think of profit through the strategy of buying and selling in the short term, most of the time they do not get the expected results but face unexpected losses, but if we can invest consistently, it creates better profit possibilities for us.

The DCA strategy is like a path, at the end of which lies the reward we will receive. The extent of that reward depends on the steps we take, meaning how far you go. I agree that DCA applies to all investors. And the chances of success will increase if we are patient in investing in Bitcoin, because the key to success in Bitcoin is patience and holding on for as long as possible.
Create your own path with DCA, patience, and a long-term vision.

[GIF-JOBS]

At the time when Bitcoin touched the highest price in the history of Bitcoin, the price of Bitcoin was just above $69,000 and just one to two days ago this year, the price of Bitcoin touched $69,000. Despite touching $69,000, Bitcoin has yet to surpass its all-time high. It is understood that it will touch 69 thousand dollars and exceed 70 thousand dollars. The market is now at the highest level to catch its value so if you want to invest at this time then you can invest for short period. By investing for a short time you can sell your first investment at some profit and after selling the investment again wait some time and observe the market movement. If the market touches $70k then there is a possibility of a small dumping and during that dumping you buy bitcoin again and hold it for a long time hoping to make a substantial profit.

Update, your speculation was right. It did surpass its previous cap. Right now its sitting at $72,000. What we can entail from this is to always hold bitcoin. When it dumps, thats the time to buy and wait for it to go back up and reach a certain threshold to sell.

This your statement that I made bold is just too pathetic because you don't know shit on how Bitcoin investment should be carried out, what you should be doing now is learning how to buy regardless of it current price and hold, not this shit you are saying here that we should buy when the market is down and sell once it appreciate in value.
That's not how investment in Bitcoin works because selling for minimal gains wouldn't impact or change anything in your financial history, so why selling when you can build a generational wealth with it if you can hold strong into the future.
Look at all the traders that have been buying and selling for minimal gains, what difference has it made in the finance?
My advice to you now is to keep cool and learn, not by trying to lecture those you should be learning from.

The guy is actually confused and from it is obvious from his statement that he is not actually investing in bitcoin but rather trading and gambling with it and still calling it investment. The statement buying bitcoin when it dumps and then selling when the price is up , this is the mindset of traders and not investor . It is not only during a dump or dip that investors do buy bitcoin. It is the characteristics of a trader to buy when there is price dump and then sell when there is an increase

Those who want to receive benefits from Bitcoin investments quickly are mainly misleading the newbies. Because Bitcoin investments can only be benefited from after holding them patiently and for a long time, but those who are greedy for money basically receive benefits from Bitcoin investments within a short time. Such information is misleading the newbies in Bitcoin investments and plays a sufficient role in creating reluctance.
So I say that Bitcoin should be invested according to the DCA method, after holding them patiently for a long time, massive benefits will definitely be gained from it. However, according to the Bitcoin investment plan, there must be a time frame of 10 to 12 years, then it will be identified as an ideal Bitcoin investment.

The mentality or temptation of quick profits confuses new investors in long-term investments and they choose the path of quick profits impatiently. However, there is no guarantee in making money by taking advantage of market fluctuations and people with such a mentality often ignore the risks and volatility of the market. It is safer and more realistic to move forward with regular investments in the long term, rather than expecting quick profits and reducing the impact of market fluctuations. There is no possibility of risking a large amount of money. It is important to be aware of your own risk capacity in investing, to move forward regularly in your own interests and to have a realistic perspective rather than unreasonable expectations.

[Derekfunds]

Dollar Cost Averaging(DCA) to me is the most easiest strategy for new investors who are just starting out on their journey for accumulating bitcoin because it allows the buying of bitcoin continuously with the money one can afford to set aside.

Using DCA when price drop your money buy more bitcoin, when it rises it buy less bitcoin, but you are still  accumulating bitcoin, over time this strategy smooth out volatility and reduces emotional  stress of trying to time the market. The key to successfully DCA is discipline and consistency, focus on regular accumulation rather than short term price movement.

Not only for beginners, but the dollar cost averaging system is a very useful and popular investment method for investors of all levels. Because here you can buy Bitcoin at an average price, where there is no much pressure to invest. No matter how much the price of Bitcoin fluctuates, it enriches our portfolio.

The DCA strategy is not just limited to beginners both investors that has being into bitcoin investment for years are still accumulating bitcoin using DCA strategy. However when compared to other strategies it is beginners friendly since newbies can start out there investment with any amount and also they don't need to wait for a certain price before they can start buying.

The DCA strategy is designed for those who have been investing for years, not just those who are just starting out. Rather, DCA is suitable for every investor, who decides to hold on for a minimum of four years or more, they can definitely invest through the DCA strategy. DCA is a consistent strategy that is especially suitable for long-term holders. Those who think of profit through the strategy of buying and selling in the short term, most of the time they do not get the expected results but face unexpected losses, but if we can invest consistently, it creates better profit possibilities for us.

The DCA method is not only the consistent strategy in Bitcoin investment but rather it is always recommended because it allows the poor and the rich to accumulate regardless of the market condition. Secondly, an investor is the one that will make the strategy to be consistent by making sure discretionary income is kept and also emergency funds because these are major things that keeps our investing going smoothly with a positive mindset ( long term mindset) because some are always distracted by short term profit.

[Kryptonite788]

The DCA strategy is like a path, at the end of which lies the reward we will receive.

you’re obviously confused with this your statement, dca strategy is not a path that gives reward to people,it is a strategy used for investing bitcoin. So even if you’re a newbie investor that is poor or rich,you can do the dca strategy very well because of how beginner friendly the strategy is

[Nightwatchmare]

DCA doesn't mean that we invest on every dip. It depends upon one financial condition and how much can be invested for DCA. Also, it depends upon the period for which you are holding the asset or bitcoin in this case. If you can hold for four to five years, then you may DCA every month or on every major dip, while if you are doing DCA for trading, it could be much more aggressive, but still, you need to analyze your portfolio before taking investment decisions.

You are correct; Dollar-Cost-Averaging (DCA) does not always involve purchasing price dips as they occur. Your ability to use this strategy is closely tied to your personal financial situation and the amount of money that you can reasonably invest in Bitcoin over an extended period. In addition, whether or not you plan to hold Bitcoin over an extended period (4-5 years) will affect the effectiveness of this strategy. Purchasing multiple times every week on a consistent basis should work well for long-term holders, while those who are using DCA as a part of their trading strategy should be executing this strategy aggressively. However, the primary consideration when developing an ongoing DCA trading strategy should be portfolio assessment and risk management.

DCA method does not in any way involve purchasing of Bitcoin when dip occur-it involve purchasing of Bitcoin right away when your discretionary income is available. I absolutely disagree, the ability to use DCA method is not closely tied to your financial situation because you can use DCA method to invest in Bitcoin with any amount of discretionary income in your disposal. Traders are people who trade Bitcoin for short term profit. So traders cannot use DCA method to purchase Bitcoin as it will not give them the advantage to gain short term profit.

[Baki202]

The DCA strategy is like a path, at the end of which lies the reward we will receive.

you’re obviously confused with this your statement, dca strategy is not a path that gives reward to people,it is a strategy used for investing bitcoin. So even if you’re a newbie investor that is poor or rich,you can do the dca strategy very well because of how beginner friendly the strategy is

DCA is a strategy used to make investment very soft for you, and this is in addition to what you have said. Most people need to understand that DCA is already there for everyone to make use of. The only thing that matters is consistency, and most people are ready to do it, but they lack consistency. So even if you are a newbie, it is better to take DCA very seriously because it is for everyone, and you don't need to have everything. The best thing would have been for anyone to just have a particular amount that they want to invest, then anything else can follow.

And most people always think that the only way you can buy bitcoin is to buy the dip and now that we have DCA, everyone are happy and ready to make use of it but the issue now is that we need to take it seriously and that is why people keep emphasizing consistency because that is the only way that you can get exactly what you want.

[Pandorak]

Dollar Cost Averaging(DCA) to me is the most easiest strategy for new investors who are just starting out on their journey for accumulating bitcoin because it allows the buying of bitcoin continuously with the money one can afford to set aside.

Using DCA when price drop your money buy more bitcoin, when it rises it buy less bitcoin, but you are still  accumulating bitcoin, over time this strategy smooth out volatility and reduces emotional  stress of trying to time the market. The key to successfully DCA is discipline and consistency, focus on regular accumulation rather than short term price movement.

Not only for beginners, but the dollar cost averaging system is a very useful and popular investment method for investors of all levels. Because here you can buy Bitcoin at an average price, where there is no much pressure to invest. No matter how much the price of Bitcoin fluctuates, it enriches our portfolio.

First of all, it must be acknowledged that the DCA method is one or even the only one best methods we can use today, especially in a long term context, where this approach is highly recommended. This method is not only easy to use but also extremely powerful, can help even a beginner investor stay consistent in investing in Bitcoin, as it is not dependent/influenced by price volatility.

We no longer need to guess when the right time to buy is, not only does no one know Bitcoin price with absolute certainty, but waiting indefinitely can also cause us to miss opportunities. However, by applying the DCA method, your focus is no longer on the price, but on the money you use to make the purchase. You can manage your cash flow more effectively by setting aside funds for basic needs and funds for investments (discretionary funds and reserve funds).

[Omj1014]

Yea, aggressive buying of bitcoin can only be very harmful when it is done outside your discretionary income. When investors go as far as buying bitcoin using there main salary, or emergency funds or money not meant for accumulation, such aggressive buys can become a problem to the investment, putting it at risk and sometimes forcing the investor to tap from his investment when he faces difficult situations and have no emergency funds to handle it. At such, investors should be careful enough to ensure that aggressive buys should come from your discretionary pockets, and of course, after allocating some too for other important things too that are of importance too

Do you know that their will be an extent of your aggressive accumulation of Bitcoin, where it would still be problematic to you even though it's done from your discretionary income?

Let me explain, if a bitcoin investor decides to buy aggressively from his discretionary income by investing 100% of it, it would be problematic to him mostly if he hasn't put down his emergency and reserve funds in place, but if he has done that already, it would still be some how problematic to him in sorting out his discretionary income for consumption, because that's a must, since at a point we would want to buy some minor things for consumption that is not part of our basic needs like cigarettes or gifting a begar or friends, so what am trying to say is that your level of aggressiveness should not compel you to invest more than 90% of your discretionary income if you don't already have your emergency or reserve funds in place already, and investing 100% of your discretionary income is actually a bad idea.

Spot on. The psychological stress of investing 100% of your remaining cash is underrated. Even if your bills are paid, having zero fun money left over usually leads to resentment of the investment itself. Better to invest 80-90% and keep some 'sanity money' on the side so you can actually afford to HODL for the long term.

[ruykeri]

Spot on. The psychological stress of investing 100% of your remaining cash is underrated. Even if your bills are paid, having zero fun money left over usually leads to resentment of the investment itself. Better to invest 80-90% and keep some 'sanity money' on the side so you can actually afford to HODL for the long term.

You have said the important point. This is where many new investors fail to grasp. They think that I have invested extra cash but in fact after putting in the entire remaining cash they become emotionally attached to that money. Then when the price drops a little, they panic. Whenever there is a small need in life, they feel mentally unstable and have to go to the back-up fund again and again. Investing 100% of the remaining cash is not right. And I don't think anyone actually invests in a way where they don't keep any extra cash. . If you invest 80%  90% and keep 10% 20% as a cash, your mental state is good, your daily life is normal, and you can easily hold Bitcoin as a long-term asset, then that approach is much more sustainable.

Suppose someone has $500 left after paying all the bills, rent, food at the end of the month. Now if he invests the entire $500 in Bitcoin out of excitement. Technically, he has invested after paying all the expenses. But then if there is a situation like a small emergency for the family, a need to relax a little, or a need to spend some money for a social cause. Then if he has no money then he will not be able to be normal. But if he spends $400 in Bitcoin and keeps $100 in hand, then he can manage both sides. His Bitcoin position is being built, and the small pressures of life are not forcing him to use the back up fund again and again and he will bementally stable.

[alankasman]

Spot on. The psychological stress of investing 100% of your remaining cash is underrated. Even if your bills are paid, having zero fun money left over usually leads to resentment of the investment itself. Better to invest 80-90% and keep some 'sanity money' on the side so you can actually afford to HODL for the long term.

This is certainly their own fault in looking for the work they do because if they do it completely as you mentioned of course if there is something that is necessary for us personally we cannot complete it because we have used all of our income for investment and without any funds left that can help us when we are in a time of need because we will not know at all when that time will come to us as if we no longer need the needs, so they continue to do things that are certainly very fatal for each of us personally.

[AuchanX]

Yea, aggressive buying of bitcoin can only be very harmful when it is done outside your discretionary income. When investors go as far as buying bitcoin using there main salary, or emergency funds or money not meant for accumulation, such aggressive buys can become a problem to the investment, putting it at risk and sometimes forcing the investor to tap from his investment when he faces difficult situations and have no emergency funds to handle it. At such, investors should be careful enough to ensure that aggressive buys should come from your discretionary pockets, and of course, after allocating some too for other important things too that are of importance too

Do you know that their will be an extent of your aggressive accumulation of Bitcoin, where it would still be problematic to you even though it's done from your discretionary income?

Let me explain, if a bitcoin investor decides to buy aggressively from his discretionary income by investing 100% of it, it would be problematic to him mostly if he hasn't put down his emergency and reserve funds in place, but if he has done that already, it would still be some how problematic to him in sorting out his discretionary income for consumption, because that's a must, since at a point we would want to buy some minor things for consumption that is not part of our basic needs like cigarettes or gifting a begar or friends, so what am trying to say is that your level of aggressiveness should not compel you to invest more than 90% of your discretionary income if you don't already have your emergency or reserve funds in place already, and investing 100% of your discretionary income is actually a bad idea.

Spot on. The psychological stress of investing 100% of your remaining cash is underrated. Even if your bills are paid, having zero fun money left over usually leads to resentment of the investment itself. Better to invest 80-90% and keep some 'sanity money' on the side so you can actually afford to HODL for the long term.

If someone already has an emergency fund and a reserve fund, then if he wants to invest his entire discretionary income, then there is nothing wrong with that. Because if he understands exactly what his discretionary income is, then I don't think he will bother investing his entire discretionary income later on. Since he has already set aside all his expenses.

[barisbilgili]

Spot on. The psychological stress of investing 100% of your remaining cash is underrated. Even if your bills are paid, having zero fun money left over usually leads to resentment of the investment itself. Better to invest 80-90% and keep some 'sanity money' on the side so you can actually afford to HODL for the long term.

This is certainly their own fault in looking for the work they do because if they do it completely as you mentioned of course if there is something that is necessary for us personally we cannot complete it because we have used all of our income for investment and without any funds left that can help us when we are in a time of need because we will not know at all when that time will come to us as if we no longer need the needs, so they continue to do things that are certainly very fatal for each of us personally.

It is highly not recommended to invest all the money you have even if all needs are already met; we must be wise in investing and it is indeed highly recommended to use discretionary income so that the investment is not disturbed by any needs. It is also advised to have an emergency fund before starting to invest. 
So things like this must also be considered to ensure the smoothness of the investment.

[Gallar]

Dollar Cost Averaging(DCA) to me is the most easiest strategy for new investors who are just starting out on their journey for accumulating bitcoin because it allows the buying of bitcoin continuously with the money one can afford to set aside.

Using DCA when price drop your money buy more bitcoin, when it rises it buy less bitcoin, but you are still  accumulating bitcoin, over time this strategy smooth out volatility and reduces emotional  stress of trying to time the market. The key to successfully DCA is discipline and consistency, focus on regular accumulation rather than short term price movement.

I don't think you fully understand what DCA is, because as far as I know, it's not what you're saying. Basically, DCA doesn't require looking at price increases or decreases to make purchases. So, if you assume DCA is a strategy that relies on the Bitcoin price to make purchases, I think you're clearly misunderstanding this strategy. Remember, when using a DCA strategy, you only need to focus on your own capital, as that's the most important thing. Buying doesn't need to be a consideration when using DCA. Whether the price is rising or not, Bitcoin investors who use DCA will continue buying. DCA is essentially periodic buying that doesn't care about price. Consistent, routine buying certainly provides a strong shield against price volatility. Hopefully, you understand this.

[laijsica]

If someone already has an emergency fund and a reserve fund, then if he wants to invest his entire discretionary income, then there is nothing wrong with that. Because if he understands exactly what his discretionary income is, then I don't think he will bother investing his entire discretionary income later on. Since he has already set aside all his expenses.

In this situation I will not allocate the entire amount of funds for Bitcoin accumulation. I will allocate a large percentage of my discretionary income to Bitcoin and keep the remaining amount as a floating fund/reserve fund. I can use the excess amount of floating fund for additional expenses of my family as well as for aggressive Bitcoin buying during bearish periods. I actually keep a floating fund as well as regularly accumulation Bitcoin in the DCA method through this discretionary income.

[Sarah_Jannat42]

Consistently monitoring Bitcoin price by new investors can easily bring disappointments for them, what they need to do is be buying consistently regardless of whether price is going up or down. Investors without experience of the market can easily panic and sell prematurely in dip when they check the value of their Bitcoin in USD, they will think that they are loosing their capital very fast.

Frequent monitoring of the market is for traders who are looking for openings to sell and make quick profits but investors don't necessarily have to monitor the market because they are not in a hurry to sell. If you are doing DCA method and also focused on monitoring the market then the strategy wouldn't be effective for you because anytime there is an uptrend you will panic to buy and you might stop and be waiting for price to dip. Buy Bitcoin when you have available fund for it, no need to check the right timing to buy because you don't control the market.

You are right, there is no logical reason to check the right time to invest in Bitcoin if it is a long-term investment idea. And the first thing that is important for investing in Bitcoin is the mind set. An investor who is interested in investing in Bitcoin for the first time must first make up his mind that I am definitely going to invest in the long term. So it is good to monitor the market but there is no need to worry about it. All that is needed is a continuous investment plan.

There is nothing actually wrong in monitoring the market but I don't advise newbie to do that because it can be so tempting to either sell when they have seen a little profit and also tempting to sell when the market is dipping. Moreover, this advise is not only meant for newbie but also to some investors who may not be able to resist these things. And there is never a right time to start Bitcoin investment but if you ask me I will say the right time is now if you have what it takes because ordinarily the right time to start this journey was when this asset was still small in value but since we didn't invest then, that automatically means that the right time is now that we so much aware of it.

For beginners, the market price can be both tempting and scary. But the thing they need to focus on is that I am investing on a long-term basis and portfolio growth. Only then will it be seen that beginners will be attracted to investing in Bitcoin. Then they need to maintain the continuity of investment and there is no need to look for the right time to invest in the DCA method. When the investment idea comes to mind, that will be the right time.