To buy Bitcoin, opt for a reputable crypto exchange platform with competitive fees, high liquidity, and robust security features. .
Exactly. Choosing an exchange that is reputable, trusted and professional is a very important step because it concerns the security of our assets. It's not guaranteed to be 100% safe, but this can reduce the risk. So, make sure we first research the exchange that is most suitable for us, whether it's CEX or DEX. Also understand about the two types of exchange.
quote author=jhonthompson1494 link=topic=311668.msg1450761#msg1450761 date=1700139269]
Monitor Your Bitcoin Trades:
After executing a trade with BTC to INR or with any other trading pairs to buy Bitcoin, it's crucial to monitor its performance. Keep a close eye on the market and your trade to assess how it's performing.
[/quote]
This will depend on your strategy and targets, whether for long-term trading or long-term investment with holding. If trading, then you really have to monitor price movements in the market at all times. However, for beginners, trading is something that carries a higher risk. So we have to make sure that we understand everything.
However, if it is an investment with holding for long term purposes, we actually don't need to monitor the market too much. because this will actually disturb our minds and possibly make the city worry, worry and also panic because Bitcoin's movement does not match expectations. even though that, for example, is only limited to market correction.