The price of bitcoin increases all the time so I am interested in holding on to it. Is there a limit to this bitcoin season?
Basically I want to know about investing strategy.
Honest truth, the best time to invest in bitcoin is during the bear season, cus this is usually when the price goes down to its lowest, people who buy or invest in bitcoin during the bear season and hold it through to the bull season (like we are about to enter now) without selling; are usually the ones who win and make the most profit from their bitcoin investment.
During a bear season, to acquire a lot of bitcoin or as much as you can afford, it's important to create a buying plan, depending on how you get income, for example, if you are someone who earns weekly, you can create a plan to dedicate a certain percentage of your weekly income to buying bitcoin, same thing as well if you are earning monthly.
And also important to apply the dca strategy.
Overall, if you are really new and haven't bought any bitcoin yet, it's not too late to get in, we are yet to see the major bull run that is coming, so buying now is still good enough to make good profit in the coming months through first quarter of 2025.