I think that the time to buy bitcoin is when the price is down and bitcoin have started moving up but it is still advisable to buy at this rate because I am very optimistic that bitcoin will surpass the previous all-time high.
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Exactly, it's advisable to invest in bitcoin when it's price low and sell when it prices high. Bitcoin price is somehow low now but I can't advice anything anyone in joining the royal court.The best time to buy Bitcoin is when it is low. But if you are not sure, then you can try Dollar-cost average while buying.
If you intend buying $1000 worth of Bitcoin, then you can easily divide the money to 50 equal places and buy with each part every week.
The price is relatively low now and it can still go lower than this. Bitcoin is unpredictable. I find it hard advicing people about the right time to invest in Bitcoin because I don't want to be held responsible for any loss they might face.Exactly, it's advisable to invest in bitcoin when it's price low and sell when it prices high. Bitcoin price is somehow low now but I can't advice anything anyone in joining the royal court. So these idvvv
Having the knowledge of the business you are going into is very important, even when you don't have the experience, as you can get the experience on the business with time.before a person can engage in a business,it is advisable to know the business very well so you can know how to go about in the business, first of all study the market very well, know when the price is low then you can buy.
Ultimately, you must have a very good understanding of Bitcoin investment before you will try it because it's an investment that comes with a lot of challenges due to its high level of volatility.Having the knowledge of the business you are going into is very important, even when you don't have the experience, as you can get the experience on the business with time.
How much would you suggest investing in Bitcoin at the moment? I would love to be able to but am always unsure as to how much to invest at the time.If you want to buy Bitcoin, buy now. Just a day ago, it was $25,500 and now it is $26,000, who knows it will become $27,000 tomorrow. Well, it is also likely that the market will go down and bitcoin might become $20,000 in a day or two. But considering the fack that Bitcoin was $68K in 2021, you will still be on the profitable side.
Why don't you just do a DCA? Dollar-cost-average, is a strategy where you invest a fixed amount every certain pre-established time so as not to deal so much with questions like, when is it better to buy? Or should I buy when it goes down more? Simply buy, for example, $ 10 every week, or $ 10 each month or the amount you want in a time that you establish yourself, this strategy is good for people who go in the long or medium term with an investment.How much would you suggest investing in Bitcoin at the moment? I would love to be able to but am always unsure as to how much to invest at the time.
Many are saying the time is now to invest in Bitcoin so if you are able to, I would jump now
If you want to invest in bitcoin, you should be able to hold onto your investment for a long time. If you need money and have a compulsion to sell your bitcoin at the wrong time, you might not profit much. I have a simple investment strategy. When I receive a crypto payment, I try to convert it to bitcoin or other profitable crypto assets and store them in my wallet. This allows me to build my crypto asset without having to buy bitcoin from my pocket.How much would you suggest investing in Bitcoin at the moment? I would love to be able to but am always unsure as to how much to invest at the time.
Many are saying the time is now to invest in Bitcoin so if you are able to, I would jump now
Yes, you can invest in Bitcoin now but you shouldn't be in a hurry to sell or expecting to make profits immediately. Bitcoin investments are long term. If you want to make quick profits in cryptocurrency investment, you shouldn't invest in Bitcoin.I think that the time to buy bitcoin is when the price is down and bitcoin have started moving up but it is still advisable to buy at this rate because I am very optimistic that bitcoin will surpass the previous all-time high.
Thank you so much for this @riberet19 will definitely look into this myself and see whether I can make a small investment as frequently as I know I am able toWhy don't you just do a DCA? Dollar-cost-average, is a strategy where you invest a fixed amount every certain pre-established time so as not to deal so much with questions like, when is it better to buy? Or should I buy when it goes down more? Simply buy, for example, $ 10 every week, or $ 10 each month or the amount you want in a time that you establish yourself, this strategy is good for people who go in the long or medium term with an investment.
Thank you @DigitalNomad that sounds like an awesome way to do things especially if where you earn money you can receive it in cryptoIf you want to invest in bitcoin, you should be able to hold onto your investment for a long time. If you need money and have a compulsion to sell your bitcoin at the wrong time, you might not profit much. I have a simple investment strategy. When I receive a crypto payment, I try to convert it to bitcoin or other profitable crypto assets and store them in my wallet. This allows me to build my crypto asset without having to buy bitcoin from my pocket.
You are welcome, @Shortie, you can watch an explanatory video about this strategy on Youtube, there are videos that explain it very well, and it really is a strategy that can serve you for any asset in the future in which you want to invest, so it will not hurt to learn how to do it, it is also extremely simple.Thank you so much for this @riberet19 will definitely look into this myself and see whether I can make a small investment as frequently as I know I am able to
Thank you @DigitalNomad that sounds like an awesome way to do things especially if where you earn money you can receive it in crypto