Invest & Hodl Bitcoin!!

[JISAN]

Yeah and I regret for not buying as well since I knew Bitcoin at that price range before prices goes rally up. That is why I am trying to catch up right now through Altcoins since they are much cheaper compared to Bitcoin but yeah once I earn profit to alts it will surely be converted back to Bitcoin.

You missed the opportunity recently to buy at $56k last week that is why DCA is always the best strategy if you are a long-term holder because you will miss the dip if you don't do DCA sometimes fear is one of the reasons why we don't buy at the low price and we think that the price will still drop more.

luckily I bought a bit of BTC at around $57k but I missed the dip price because I set my DCA at a lower price around $52k near major support.

You are very lucky that you didn't miss this opportunity when you had the money to invest and you took the risk with it. If you don't take risk, you can't gain. But the time when you invested was a volatile market so investing at that time was high risk.  Did you know then that Bitcoin will never drop below $56k? so since you took a huge risk without knowing it you are now in profit but you should be holding them tight.

[TopT3ns]

Yeah and I regret for not buying as well since I knew Bitcoin at that price range before prices goes rally up. That is why I am trying to catch up right now through Altcoins since they are much cheaper compared to Bitcoin but yeah once I earn profit to alts it will surely be converted back to Bitcoin.

You missed the opportunity recently to buy at $56k last week that is why DCA is always the best strategy if you are a long-term holder because you will miss the dip if you don't do DCA sometimes fear is one of the reasons why we don't buy at the low price and we think that the price will still drop more.

luckily I bought a bit of BTC at around $57k but I missed the dip price because I set my DCA at a lower price around $52k near major support.

The DCA method is indeed one way to buy coins in stages, but we have to know that making purchases using the DCA method means requiring quite a lot of capital and of course we have to be smart in managing the finances we use for trading and for living expenses. .

[UNIVERSE]

You are very lucky that you didn't miss this opportunity when you had the money to invest and you took the risk with it. If you don't take risk, you can't gain. But the time when you invested was a volatile market so investing at that time was high risk.

There is no investment that has no risk. If we don't want to take the risk, we will never join investment. In crypto investment, the volatility is the challenge, we must deal with the volatility. People who knows crypto well, must think volatility is the advantage, not the bad side of crypto. It is because volatility makes crypto to increase high. Just imagine if there is no high volatility, so there will be no pump in crypto price.