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Author Topic: Is It Time to Buy More BTC?  (Read 1438 times)
wahyuagung26
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August 08, 2024, 06:33:29 PM
 #241

I agree with what you say, waiting for a decline before making a purchase will of course miss the opportunity to collect Bitcoin, because we cannot know for sure whether the Bitcoin price will decline and using the DCA strategy as you mentioned will of course allow us to get big profits if we collect it regularly.

 Bitcoin can be purchased anytime and anywhere, choosing to buy Bitcoin when it drops we think this is an effective choice when you are going to buy Bitcoin with the DCA technique that all Investors have done when buying it, Bitcoin is a long-term asset and the decline that occurs in the market can be utilized by every Investor large or small for them to make Bitcoin purchases.

Buy and Hold Bitcoin can help you to make a profit when Bitcoin rises again far above the value you bought. Bitcoin is a long-term asset that is very profitable for them investors.

Controlling emotions is of course very important and we should not use savings funds for other purposes in the investments we make so that this will interfere with us in carrying out investments.

 It can be separated between savings outside of Investment for your good in investing, it is better to separate between Savings and Also Investment in Bicoin. This savings may be used in an emergency even though the assets you have in Bitcoin can be used when you need it in an emergency, but it is more efficient for you to have other savings outside of your crypto savings.

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