Newbies don't buy bitcoin over aggressively.

[Rgram]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy.

I think subconsciously, everyone does come to terms with just how much goes into providing their necessary needs and wants even before the money does arrive and have some ideas on how to utilize this money. It’s not something strange or would require anyone having to break their heads over. If you see the need to invest in Bitcoin using the DCA strategy, then you would. It’s more about finding the need to and be disciplined enough to stick by your decision to do so.

[MarcieLee]

In my experience, I'd usually take this a grain of salt, and just invest maybe just atleast 10% of my income into bitcoin. I'd also try to avoid the hype on all that "this crypto is going up the moon" or "this one will fall and plummet". I'd just simply keep on investing like using DCA. On a reputable and long term crypto like bitcoin of course!

[As-Soon-As]

Investing in Bitcoin should be done by following the DCA method and with prudent income. The DCA method is becoming so popular nowadays that buying at this time will create the most savings and help you buy dips. The best idea is to invest repeatedly in Bitcoin for the current position, but it is best to invest in Bitcoin with the amount of money you can afford to lose and it becomes easier for you to hold Bitcoin for a long time. Therefore, you should keep yourself self-reliant in Bitcoin investment, and the best plan is to use that money in Bitcoin by avoiding extra expenses.

[Juicyhome]

In my experience, I'd usually take this a grain of salt, and just invest maybe just atleast 10% of my income into bitcoin. I'd also try to avoid the hype on all that "this crypto is going up the moon" or "this one will fall and plummet". I'd just simply keep on investing like using DCA. On a reputable and long term crypto like bitcoin of course!

speculation is part of Bitcoin investment but what you do with the information is solely your business, if you buy because on Bitcoin influencer telling you in months to come Bitcoin will hit the Moon, you will end up losing more money. Bitcoin investment can never be influence by speculators, they are just doing their job but it can't effect any change for Bitcoin price.

The only thing you have to do is to have a investment plan, have a ten years investment plan in Bitcoin and set your md on ten years, buy and hold , with this mindset nothing speculators will say that will move you, and Bitcoin will high in ten years time, the world is involving and Bitcoin adoption is sure. But it will take more time.

[Sticky Bomb]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy.

I think subconsciously, everyone does come to terms with just how much goes into providing their necessary needs and wants even before the money does arrive and have some ideas on how to utilize this money. It’s not something strange or would require anyone having to break their heads over. If you see the need to invest in Bitcoin using the DCA strategy, then you would. It’s more about finding the need to and be disciplined enough to stick by your decision to do so.

People who plan their finances and don't just leave them to chances are more inclined to have a definite projection of their expenses. You should have a financial estimate with respect to current prices for your expenses and use it to make a calculation. For those that appear in some sort of ranges, you can hold their funds as some kind of floats and when you verify the accurate prices, you use them and put back any remainder in your discretionary funds section. Projections helps in accurate financial planning. You may not be accurate with it right away but overtime you would arrive at such maturity to estimating your expenses properly.

This would also help you to be consistent in your DCA since you already have an expenses projection and proposed discretionary funds, so it would be easier to have a definite buying amount you would put into bitcoin while using the other part to build out backup funds.

[melinoe]

In my experience, I'd usually take this a grain of salt, and just invest maybe just atleast 10% of my income into bitcoin. I'd also try to avoid the hype on all that "this crypto is going up the moon" or "this one will fall and plummet". I'd just simply keep on investing like using DCA. On a reputable and long term crypto like bitcoin of course!

btc is the most stable coin you can get, so, good job. I hope you will have a wonderful dca process

[Out of mind]

For beginners, buying Bitcoin can be a very important strategy because they want to buy quickly without gaining experience. Basically, we know that buying Bitcoin is best to hold it for a long time and when it is better to buy and how long it will be profitable. We need to give priority to all these things first. We know that investing in the DCA method is best and those who use these strategies can definitely avoid risks. Moreover, we need to keep in mind that a safe wallet is needed to invest in Bitcoin and the keys to that wallet should be saved and kept in a safe place. Investment should not be done quickly, but it should be done slowly, only then will we not have to face much loss if we invest in Bitcoin and we have to plan to invest for a long time.

[tbct_mt2]

For beginners, buying Bitcoin can be a very important strategy because they want to buy quickly without gaining experience.

Buying is just buying itself, it's not a strategy. It's an action in the market, like buying and selling, they are not strategies. What you plan to do before your buying, selling and after that as well as things you plan to do with your finance are called as strategies which are important for your profit, loss, success or failure.

Basically, we know that buying Bitcoin is best to hold it for a long time and when it is better to buy and how long it will be profitable. We need to give priority to all these things first.

Not all people are able to hold bitcoins after purchasing coins by lack of necessary strategies for their trading or investment. If they began bad, they will face with bigger challenge and risk in this market with higher probability of getting loss and ending with failures.

We know that investing in the DCA method is best and those who use these strategies can definitely avoid risks.

DCA is a strategy but people can use DCA strategy very differently.

Strategy (MicroStrategy) have used DCA strategy for years since 2020 but they have been very over leveraged and they have taken too high risk. With Bitcoin volatile market, investors need to use DCA strategy without leverages, that is a safer investment approach and use of DCA practically. When people derail themselves from DCA by using leverage, they destroy the main purposes of DCA as a strategy to eliminate emotional and psychological effects on investment practice, and minimize risk of getting loss, avoiding liquidations.

[yixichloro2xx]

‎This is a nice advice, newbies mustn't use their entire savings on Bitcoin, it is a very wrong approach. Bitcoin should never replace basic needs or affect health. Know how to separate your income into different way, one for your Emergency savings, reserve funds, normal bank savings for daily needs, and then DCA funds. With this buying Bitcoin won't be a problem to you, and you will have peace of mind. Buying aggressively with the sense that u will see quick profits or FOMO especially if you don't have other savings to safe guard you can result into losses, or at times will fear force them to sell at the wrong time due to Bitcoin dipping or small profits they see. DCA works best when it is calm and steady, not desperate and you put your focus on a long term direction.

[Callido]

For beginners, buying Bitcoin can be a very important strategy because they want to buy quickly without gaining experience.

How do you gain experience without buying Bitcoin in the first place?

New investors who are beginners should buy Bitcoin with a decent amount, using that medium to learn and get experiences, buying aggressively, not in a way that would affect them, is what they should do after understanding the basics of security and how to maintain their investment for the long run.

[Su-asa]

‎This is a nice advice, newbies mustn't user their entire savings on Bitcoin, it is a very wrong approach. Bitcoin should never replace basic needs or affect health. Know how to separate your income into different way, one for your Emergency savings, reserve funds, normal bank savings for daily needs, and then DCA funds. With this buying Bitcoin won't be a problem to you, and you will have peace of mind. Buying aggressively with the sense that u will see quick profits or FOMO especially if you don't have other savings to safe guard you can result into losses, or at times will fear force them to sell at the wrong time due to Bitcoin dipping or small profits they see. DCA works best when it is calm and steady, not desperate and you put your focus on a long term direction.

A very wrong approach indeed, as a beginner to Bitcoin you need to learn how to invest and also how to minimize the risk in the investment. By doing so will help you invest into Bitcoin without being affected when the price of Bitcoin begins to drop.
Without saying much about this, it is wise for every Bitcoiner"s to use the DCA method while investing on Bitcoin because DCA method gives them these peace of mind even when Bitcoin is dipping. Although, using DCA method along to invest into Bitcoin is not all, beginners really need to have a long term investment perspective. Without having a long term perspective and also being discipline, there's a higher chance that you will definitely lose your capital in the future because in one way or the other you will be tempted to sell out of loss.
But when you are discipline and you also have a long term perspective (a long term plan) you will not be tempted to sell until the right time comes (maybe in the next 5yrs).

[GeorgeJohn]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income.

Most of people we consider as a newbie in forum are just newbie in bitcointalk account but in experience of bitcoin investment they're informed about bitcoin and it's kind of investment....

So many persons have already known about how to venture into short-term bitcoin investment and long-term bitcoin investment...it's quite known to people that investing all the capital in your possession on bitcoin is not right idea...

That's why people is investing in bitcoin gradually...people doesn't been that curious or be on panic to sell their bitcoin due to increase in price or decrease in price....

[nakamura12]

Newbies should be given an advice that putting all money including the money for basic needs is a no go since it can result to hunger and maybe health complications so, it should be money that a newbie can afford to lose rather than not teaching newbies about the downside of spending all money including for basic needs can do to a person or to a family. Well, not all newbies in rank on the forum are actual newbie because some of them are in Bitcoin already but didn't have an account on the forum.

[Pablo-wood]

In my experience, I'd usually take this a grain of salt, and just invest maybe just atleast 10% of my income into bitcoin. I'd also try to avoid the hype on all that "this crypto is going up the moon" or "this one will fall and plummet". I'd just simply keep on investing like using DCA. On a reputable and long term crypto like bitcoin of course!

As long as the 10% manages risks and is worth the investment it's very ok to stay within your risk management zone. Many get overwhelmed by the hypes and FOMO and do beyond the amount they can afford to lose and end up selling to FUD and necessities. The goal is long term and keeping it affordable, simple and consistent is what matters and not even the exact amount used even though the amount determines the ROI at the end of the day, but overall a safe investment with minimal risk is far better than rushing with the FUD being spread because those majorly ends up in chaos.