Three best ways to hold bitcoin combined.

[Cossyblack]

The DCA method is a beautiful method but when it is applied in the wrong asset that is doomed to fail, it will not produce the desired result. Hence it is important to apply the DCA method strictly for Bitcoin accumulation, that is the way that guarantees that the investmemt will not go to ruins.

Some People don't know how to Dca in bitcoin,still DCA is the simplest strategy so far for accumulating bitcoin. Even if mistakes is inevitable,Dca should be simple to apply because involved buying bitcoin regardless of price. As long as you have discretionary income regardless of the amount,you can use DCA to accumulate bitcoin regardless of the price. It is simple unless you don't  have some basic knowledge of bitcoin.

However, nothing is guaranteed in bitcoin, one using DCA strategy for accumulating bitcoin doesn't guaranteed that his investment is safe.  Inorder to protect your investment, You must put in measures in place such as reserve and emergency fund if put place will protect your investment from emergencies.

[Emjay24]

Bitcoin is the only good coin that I know, I don't know about any other good coins that you are talking about and I wouldn't buy the idea of advising anyone to be trading as a source of income, some newbies can be mislead with this to be thinking that trading is some kind of easy way to make money while it is very hard and involves high risk, if your advice is on diversification then people have to get into other investments or business that are not related to bitcoin after investing in Bitcoin.

If you have a small amount of money, will investing in bitcoins be very profitable? i know bitcoin is the best coin but if you have less money you can invest in altcoin. And you need to be careful enough to select good coins. For this enter CMC and you can see the top ranking coins but it is completely personal matter of who to invest in which coin. And new investors will never get confused if they have an understanding of the market.

Whether you have a lot of money or not, if you invest in Bitcoin in the long term it will certainly be profitable for you. Every investor certainly has their own style in terms of investment or in seeing each asset that they want to invest in and that is profitable for them, that is the choice of each investor. I personally would definitely prioritize or have a much larger percentage of Bitcoin in my investments and altcoins would only be a few percent of my discretionary income.

Focusing on bitcoin investment is obviously much a better option than altcoins because most altoins doesn't have a strong foundation and most end up sinking funds of those who invested in it, so even though you want to diversify into altcoins, it is a better decision that you should not allow such an exposure to be more than 10% of your bitcoin portfolio. Bitcoin investment is much better and should be given a much higher priority over altcoins.

[Smack That Ace]

If you have a small amount of money, will investing in bitcoins be very profitable? i know bitcoin is the best coin but if you have less money you can invest in altcoin. And you need to be careful enough to select good coins. For this enter CMC and you can see the top ranking coins but it is completely personal matter of who to invest in which coin. And new investors will never get confused if they have an understanding of the market.

Choosing which market to invest in, or which coin to invest in, is a personal decision.

However, I just want to say that if you do not have enough patience and do not invest seriously by building a portfolio with good asset like bitcoin as the main foundation. Instead, you chase after altcoins and promise of x10 or x100, hoping that you will get lucky. You'd struggle to even make a profit in this market, let alone succeed. Because throwing money into altcoin is like gambling, not really investing.

Investing is different from gambling, and in investing, to make a profit, you must first avoid losing money. Therefore, regardless of how much capital you have, start with Bitcoin first, and once you have made a profit, you can allocate a small portion to invest in the coin you prefer.

[adultcrypto]

Focusing on bitcoin investment is obviously much a better option than altcoins because most altoins doesn't have a strong foundation and most end up sinking funds of those who invested in it, so even though you want to diversify into altcoins, it is a better decision that you should not allow such an exposure to be more than 10% of your bitcoin portfolio. Bitcoin investment is much better and should be given a much higher priority over altcoins.

I have always recommended that a beginner should focus on bitcoin 100% instead of allocating any resources to altcoins. My reason for this recommendation is in two phases. First if they allocated 10% to altcoins like you suggested and the investment goes wrong, such loss is enough to make them hate everything including bitcoin because some newbies came into bitcoin with the mindset that it is a place to mint profits. To avoid such situation, they can avoid altcoins entirely and build their bitcoin portfolio with patience.

The second part is that if they allocate 10% to altcoins and it turned out very successful by giving them big profits very fast, they will be tempted to get greedy and channel all their resources to altcoins thinking that bitcoin is too slow to profits and a complete waste of time. You know how this will end, I don't think I need to explain that again. So to avoid any catastrophe, a new investor is better off with bitcoin 100% and follow the saying that slow growth is better than no growth.

[Loyang]

The DCA method is a beautiful method but when it is applied in the wrong asset that is doomed to fail, it will not produce the desired result. Hence it is important to apply the DCA method strictly for Bitcoin accumulation, that is the way that guarantees that the investmemt will not go to ruins.

DCA method never guarantees the profitability of your holding or investment. DCA is an investment method and with its help we invest and this method provides us with more benefits than all other investment methods. We ourselves are always responsible for the loss of our investment. Not taking the right measures to deal with unexpected financial disasters, being greedy and selling the investment after facing small profits, selling the holding due to fear of instability.

 Whether you have a lot of money or not, if you invest in Bitcoin in the long term it will certainly be profitable for you. Every investor certainly has their own style in terms of investment or in seeing each asset that they want to invest in and that is profitable for them, that is the choice of each investor. I personally would definitely prioritize or have a much larger percentage of Bitcoin in my investments and altcoins would only be a few percent of my discretionary income.

Focusing on bitcoin investment is obviously much a better option than altcoins because most altoins doesn't have a strong foundation and most end up sinking funds of those who invested in it, so even though you want to diversify into altcoins, it is a better decision that you should not allow such an exposure to be more than 10% of your bitcoin portfolio. Bitcoin investment is much better and should be given a much higher priority over altcoins.

Our main focus should be Bitcoin and if a person is willing to invest somewhere else besides Bitcoin, then they can invest in some stable places, such as gold, land purchase, investment on their own skills, etc. We can invest in reliable places. But investing in altcoins along with Bitcoin is never the right decision.

[Webetcoins]

This is why we keep saying that you should be putting your savings into bitcoin and nothing else ever. You do not put our salary entirely into bitcoin, you do not get a loan and trade or do anything, you literally never risk a dime. If you lose 100% of your bitcoins, your life should not be changing at all.

Sure we would be all sad if we lose all our investments, but it should absolutely not make it bad for you at all, and your life should not change, it should be money that you are not using in your life, so it should not mean anything for your day to day life.

[Hardyrobust]

The DCA method is a beautiful method but when it is applied in the wrong asset that is doomed to fail, it will not produce the desired result. Hence it is important to apply the DCA method strictly for Bitcoin accumulation, that is the way that guarantees that the investmemt will not go to ruins.

Some People don't know how to Dca in bitcoin,still DCA is the simplest strategy so far for accumulating bitcoin. Even if mistakes is inevitable,Dca should be simple to apply because involved buying bitcoin regardless of price. As long as you have discretionary income regardless of the amount,you can use DCA to accumulate bitcoin regardless of the price. It is simple unless you don't  have some basic knowledge of bitcoin.

However, nothing is guaranteed in bitcoin, one using DCA strategy for accumulating bitcoin doesn't guaranteed that his investment is safe.  Inorder to protect your investment, You must put in measures in place such as reserve and emergency fund if put place will protect your investment from emergencies.

The strategy that is being employed in accumulating bitcoin doesn't makes it to be risk free. Using DCA strategy to buy bitcoin doesn't mean that the investment will become risk free. However a good strategy will help to minimise or reduce the impact of risk and not erase risk. So it is possible for someone that is using the DCA strategy to still fails if it is not properly employed.

[Alonso_]

The DCA method is a beautiful method but when it is applied in the wrong asset that is doomed to fail, it will not produce the desired result. Hence it is important to apply the DCA method strictly for Bitcoin accumulation, that is the way that guarantees that the investmemt will not go to ruins.

Some People don't know how to Dca in bitcoin,still DCA is the simplest strategy so far for accumulating bitcoin. Even if mistakes is inevitable,Dca should be simple to apply because involved buying bitcoin regardless of price. As long as you have discretionary income regardless of the amount,you can use DCA to accumulate bitcoin regardless of the price. It is simple unless you don't  have some basic knowledge of bitcoin.

However, nothing is guaranteed in bitcoin, one using DCA strategy for accumulating bitcoin doesn't guaranteed that his investment is safe.  Inorder to protect your investment, You must put in measures in place such as reserve and emergency fund if put place will protect your investment from emergencies.

The strategy that is being employed in accumulating bitcoin doesn't makes it to be risk free. Using DCA strategy to buy bitcoin doesn't mean that the investment will become risk free. However a good strategy will help to minimise or reduce the impact of risk and not erase risk. So it is possible for someone that is using the DCA strategy to still fails if it is not properly employed.

You’re right, I have seen different scenarios where some people have thought that buying bitcoin through the DCA techniques would make them to have a risk free investment, now we are considering the fact that bitcoin is a volatile assets, the fact that bitcoin is a volatile assets that even makes bitcoin investments to be risky, and I don’t think that bitcoin investment will ever be free in any ways, we can only maximize the risk involved by buying bitcoin more consistently and on a regular basis, even when we have a dip in the price of bitcoin what we can possibly do is keep buying and stacking bitcoin.

[DanWalker]

You’re right, I have seen different scenarios where some people have thought that buying bitcoin through the DCA techniques would make them to have a risk free investment, now we are considering the fact that bitcoin is a volatile assets, the fact that bitcoin is a volatile assets that even makes bitcoin investments to be risky, and I don’t think that bitcoin investment will ever be free in any ways, we can only maximize the risk involved by buying bitcoin more consistently and on a regular basis, even when we have a dip in the price of bitcoin what we can possibly do is keep buying and stacking bitcoin.

Investing inherently involves risk, so strategies cannot completely eliminate risk, but only minimize it to a certain extent. Therefore, we need to choose an investment strategy that suits our financial situation and risk tolerance.
Furthermore, Bitcoin's high volatility doesnt necessarily make investing in it riskier. Volatility can even be an advantage if we know how to manage risk and capitalize on it.

Investment risk depend largely on how we manage capital and strategy, rather than being fully determined by the asset itself.

[Bitcoin_people]

The DCA strategy for investing in Bitcoin is the most reliable and if you continue this method every week or month, it gives a lot of relief in investment. Those who use the DCA strategy for investing in Bitcoin do not get disappointed but plan to hold it for a long time with patience. Of course, the DCA strategy works well when the price is falling. When the price is falling, if you have a little emergency fund continuously and buy from there gradually, the possibility of loss is less. If you buy with a lump sum, it ends up being an investment, but whenever you do not buy with all your money but use DCA with a small amount, it will keep you risk-free. That is why these strategies always benefit us a lot for investment, so we should invest in Bitcoin seriously and hold it with patience.

[Shineup]

The DCA strategy for investing in Bitcoin is the most reliable and if you continue this method every week or month, it gives a lot of relief in investment. Those who use the DCA strategy for investing in Bitcoin do not get disappointed but plan to hold it for a long time with patience. Of course, the DCA strategy works well when the price is falling. When the price is falling, if you have a little emergency fund continuously and buy from there gradually, the possibility of loss is less. If you buy with a lump sum, it ends up being an investment, but whenever you do not buy with all your money but use DCA with a small amount, it will keep you risk-free. That is why these strategies always benefit us a lot for investment, so we should invest in Bitcoin seriously and hold it with patience.

If you say that the DCA works well when the price is falling it shows how much you don't know what the DCA is really talking about, I want you to understand that with the concepts of the DCA strategy it function very well in all market conditions, when the price is falling and when it is rising too, it works well in both conditions because you are buying Bitcoin without considering the market conditions on different intervals . DCA strategy is a good strategy no doubt but it doesn't make your investment risk free, it is just a strategy that aids investors to accumulate Bitcoin without the emotion of stressing themselves timing the market before buying Bitcoin.

[henmark]

Choosing which market to invest in, or which coin to invest in, is a personal decision.

However, I just want to say that if you do not have enough patience and do not invest seriously by building a portfolio with good asset like bitcoin as the main foundation. Instead, you chase after altcoins and promise of x10 or x100, hoping that you will get lucky. You'd struggle to even make a profit in this market, let alone succeed. Because throwing money into altcoin is like gambling, not really investing.

Investing is different from gambling, and in investing, to make a profit, you must first avoid losing money. Therefore, regardless of how much capital you have, start with Bitcoin first, and once you have made a profit, you can allocate a small portion to invest in the coin you prefer.

The problem with the new blood in the investment scene is that they are always looking for Bitcoin alternatives, which we know are not and cannot be available, but they believe they can find coins and tokens that can be like Bitcoin in the future.

They know that Bitcoin has now reached a point where if they make investments in it, they will only be able to make some profits from their investments, there is no way they are going to get rich from an investment they make in Bitcoin, especially if the investment amount is not that significant. However, they believe they are going to succeed if they invest in altcoins that have limited supplies and low prices.

So the actual investors who are serious with their investments and actually understand that investments are made to make profits and investments are not to get rich, they choose Bitcoin and prefer it as their main investment asset, but those who think otherwise will mostly go for altcoins and are looking for gems that they believe can make them significant profits in no time. What's even more amusing is that they don't want to wait for years to get their profits, they want everything done very quickly.

[ZeroVinsonN]

The DCA method is a beautiful method but when it is applied in the wrong asset that is doomed to fail, it will not produce the desired result. Hence it is important to apply the DCA method strictly for Bitcoin accumulation, that is the way that guarantees that the investmemt will not go to ruins.

Some People don't know how to Dca in bitcoin,still DCA is the simplest strategy so far for accumulating bitcoin. Even if mistakes is inevitable,Dca should be simple to apply because involved buying bitcoin regardless of price. As long as you have discretionary income regardless of the amount,you can use DCA to accumulate bitcoin regardless of the price. It is simple unless you don't  have some basic knowledge of bitcoin.

However, nothing is guaranteed in bitcoin, one using DCA strategy for accumulating bitcoin doesn't guaranteed that his investment is safe.  Inorder to protect your investment, You must put in measures in place such as reserve and emergency fund if put place will protect your investment from emergencies.

The strategy that is being employed in accumulating bitcoin doesn't makes it to be risk free. Using DCA strategy to buy bitcoin doesn't mean that the investment will become risk free. However a good strategy will help to minimise or reduce the impact of risk and not erase risk. So it is possible for someone that is using the DCA strategy to still fails if it is not properly employed.

The investment strategies on their own are only means of accumulating bitcoin, no matter how much importance we place on them we shouldn't ever make the mistake of assuming that by employing a particular strategy we can negate every possibility of loss or failure, rather that looking for a strategy that will make success guaranteed (a strategy that doesn't exist) we should put our attention in accumulating and HODLing using our discretionary income.
Anyone looking for a strategy that is suitable for all as long as they have their discretionary income should invest with the DCA, it doesn't eliminate risk but it makes taking the risk easier.

[devouring-DARKNESS]

The DCA method is a beautiful method but when it is applied in the wrong asset that is doomed to fail, it will not produce the desired result. Hence it is important to apply the DCA method strictly for Bitcoin accumulation, that is the way that guarantees that the investmemt will not go to ruins.

Some People don't know how to Dca in bitcoin,still DCA is the simplest strategy so far for accumulating bitcoin. Even if mistakes is inevitable,Dca should be simple to apply because involved buying bitcoin regardless of price. As long as you have discretionary income regardless of the amount,you can use DCA to accumulate bitcoin regardless of the price. It is simple unless you don't  have some basic knowledge of bitcoin.

However, nothing is guaranteed in bitcoin, one using DCA strategy for accumulating bitcoin doesn't guaranteed that his investment is safe.  Inorder to protect your investment, You must put in measures in place such as reserve and emergency fund if put place will protect your investment from emergencies.

The strategy that is being employed in accumulating bitcoin doesn't makes it to be risk free. Using DCA strategy to buy bitcoin doesn't mean that the investment will become risk free. However a good strategy will help to minimise or reduce the impact of risk and not erase risk. So it is possible for someone that is using the DCA strategy to still fails if it is not properly employed.

You’re right, I have seen different scenarios where some people have thought that buying bitcoin through the DCA techniques would make them to have a risk free investment, now we are considering the fact that bitcoin is a volatile assets, the fact that bitcoin is a volatile assets that even makes bitcoin investments to be risky, and I don’t think that bitcoin investment will ever be free in any ways, we can only maximize the risk involved by buying bitcoin more consistently and on a regular basis, even when we have a dip in the price of bitcoin what we can possibly do is keep buying and stacking bitcoin.

If it promises to be risk free then it's not an investment it's a scam and bitcoin is not a scam because it doesn't promise to be risk free, bitcoin's very nature makes it a risky asset to invest in, it's very volatile ( there are other more volatile though) and it's is basically unpredictable, we can speculate what direction the price will swing and how much it will rise or fall within a period of time but at the end of the days it's all just speculation with no actual prediction but contrary to what most people believe, bitcoin's volatility is not a weakness but rather a strength, it's scarcity plays a role as well but it's volatility is one of the reasons why bitcoin has experienced this much growth over the years, and if bitcoin's history is any clue then we can speculate that the price will even go higher thankfully in part to it's volatile nature.

[Odohu]

If it promises to be risk free then it's not an investment it's a scam and bitcoin is not a scam because it doesn't promise to be risk free, bitcoin's very nature makes it a risky asset to invest in, it's very volatile ( there are other more volatile though) and it's is basically unpredictable, we can speculate what direction the price will swing and how much it will rise or fall within a period of time but at the end of the days it's all just speculation with no actual prediction but contrary to what most people believe, bitcoin's volatility is not a weakness but rather a strength, it's scarcity plays a role as well but it's volatility is one of the reasons why bitcoin has experienced this much growth over the years, and if bitcoin's history is any clue then we can speculate that the price will even go higher thankfully in part to it's volatile nature.

I have continue to tell people that the volatility of Bitcoin does not make it risky for long term investor. Those who complained about the volatility are mostly traders because they are those often punished by Bitcoin because they try to predict every move of the market and they set stop losses to take them out when they guess the direction wrongly. Bitcoin by its nature, have a history of kicking them out of the market and still continuing the direction it wants.

If you are investing for long term, you will not even be interested in the volatility because it got nothing on you. Whatever the price is, you are getting your orders filled and you move your coins to a safe place where you will store them and think about the next buys and not worry about what price does in the name of volatility.

[Bd officer]

The DCA strategy for investing in Bitcoin is the most reliable and if you continue this method every week or month, it gives a lot of relief in investment. Those who use the DCA strategy for investing in Bitcoin do not get disappointed but plan to hold it for a long time with patience. Of course, the DCA strategy works well when the price is falling. When the price is falling, if you have a little emergency fund continuously and buy from there gradually, the possibility of loss is less. If you buy with a lump sum, it ends up being an investment, but whenever you do not buy with all your money but use DCA with a small amount, it will keep you risk-free. That is why these strategies always benefit us a lot for investment, so we should invest in Bitcoin seriously and hold it with patience.

No matter which strategy you use to invest in Bitcoin, your investment will never be risk free, there will definitely be some risk involved. And you cannot succeed without taking risks, you will see that those who took risks and they succeeded. As far as I understand if you invest using DCA strategy then your investment will not be risk free but you can say that the risk will be reduced. Anyway DCA is the best strategy that everyone can take advantage of using DCA strategy.

[Bushdark]

If you have a small amount of money, will investing in bitcoins be very profitable? i know bitcoin is the best coin but if you have less money you can invest in altcoin. And you need to be careful enough to select good coins. For this enter CMC and you can see the top ranking coins but it is completely personal matter of who to invest in which coin. And new investors will never get confused if they have an understanding of the market.

Choosing which market to invest in, or which coin to invest in, is a personal decision.

However, I just want to say that if you do not have enough patience and do not invest seriously by building a portfolio with good asset like bitcoin as the main foundation. Instead, you chase after altcoins and promise of x10 or x100, hoping that you will get lucky. You'd struggle to even make a profit in this market, let alone succeed. Because throwing money into altcoin is like gambling, not really investing.

Investing is different from gambling, and in investing, to make a profit, you must first avoid losing money. Therefore, regardless of how much capital you have, start with Bitcoin first, and once you have made a profit, you can allocate a small portion to invest in the coin you prefer.

I have been seeing people taking about Bitcoin and how to hold their Bitcoin or make the right investment in the market.
If you do not take your time to use a good strategy to invest in Bitcoin, you will be surprised that you may not make reasonable profits from your investment. There are people that are buying Bitcoin with money they are not going to use in the next 5 years or more years which has proven that this is a safe way to invest in Bitcoin without having the plan to sell immediately you see profits from your holding.
When an investor does not have a proper plan for investing in Bitcoin, their are possibility of making mistakes.

[Tonimez]

[Edited out]

I have been seeing people taking about Bitcoin and how to hold their Bitcoin or make the right investment in the market.
If you do not take your time to use a good strategy to invest in Bitcoin, you will be surprised that you may not make reasonable profits from your investment. There are people that are buying Bitcoin with money they are not going to use in the next 5 years or more years which has proven that this is a safe way to invest in Bitcoin without having the plan to sell immediately you see profits from your holding.
When an investor does not have a proper plan for investing in Bitcoin, their are possibility of making mistakes.

The success of every bitcoin enthusiast starts from his first day of venturing into bitcoin and how he gets into it. If you start with greed, you have a greater chances of failing at last which is not anybody's wish. But one must be very careful because if you base your actions on the success stories you have heard, you would end up destroying yourself with your hand when you invest beyond your financial capacity. . Doing your own research too is very important when you join bitcoin because you need to have a personal conviction and understanding to succeed. Some folks heard that bitcoin is a profitable venture but they don't also know that it requires patience and longevity, your ability to HODL without panic.

So anyone who learns about bitcoin should also be ready to do it rightly in order to invest what he can hold and get used to bitcoin volatility in order use it to calculate if you would be buying aggressively. But in all, don't allow yourself to wait for a dip that may never happen.

[Odusko]

Regardless of which approach you adopt as an accumulation tool, your bitcoin journey and it success rely on your inflow of cash, because your availability of cash flow determine how fast and we'll you accumulate bitcoin at whichever price you want, for those that have low income flow, could adopt DCA as well as those that have excess cash flow, what matters is how we take action and how many bitcoin we can afford to buy at each point of our buying order, consistently buying is key to bitcoin accumulation journey.

[JiiBs]

The strategy that is being employed in accumulating bitcoin doesn't makes it to be risk free. Using DCA strategy to buy bitcoin doesn't mean that the investment will become risk free. However a good strategy will help to minimise or reduce the impact of risk and not erase risk. So it is possible for someone that is using the DCA strategy to still fails if it is not properly employed.

No strategy really beats the DCA strategy. It’s an all encompassing strategy that beats any excuse that one might hinder people from actively investing in Bitcoin. It focuses on periodic investment as well as what you might have available as spare cash at any point in time. It’s left for you as a person to decide on following the strategy judiciously with the view of building a great portfolio or you don’t.