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Author Topic: What will you do to accumulate bitcoins throughout this year?  (Read 4389 times)

Online PX-Z

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Re: What will you do to accumulate bitcoins throughout this year?
« Reply #90 on: May 04, 2025, 06:02:00 PM »
... As you said, Binance has given flexibility to buy bitcoin with a small nominal and we can start investing there.
It's good way to accumulate bitcoin but i suggest to use a non-custodial wallet instead of those exchanges, and custodial wallets. It's better to prevent what had happened to those exchanges that were closed due to bankruptsy, hacked, etc.
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Re: What will you do to accumulate bitcoins throughout this year?
« Reply #90 on: May 04, 2025, 06:02:00 PM »

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Re: What will you do to accumulate bitcoins throughout this year?
« Reply #91 on: May 06, 2025, 08:36:16 PM »
We can buy bitcoin according to our ability and money. Maybe by buying gradually, we can finally have a large amount of bitcoin. As you said, Binance has given flexibility to buy bitcoin with a small nominal and we can start investing there.
There are many things that can be done in crypto to get rewards for bitcoin investment capital, so take every opportunity, airdrops and bounties are a great way.
What I personally prioritize is to always invest in Bitcoin for the long term and of course invest the investment with our own funds that we will not need in a few years.
And at the same time, invest in such a way that even in an emergency situation, I don't have to touch my Bitcoin investment.
Another important thing that is most effective is to follow the DCA (Dollar cost averaging) scheme for the long term and I won't say to increase the investment amount, but if you regularize the investment amount that you want to make, then you will see that after a while, a huge amount has accumulated in your bitcoin adoption.

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Re: What will you do to accumulate bitcoins throughout this year?
« Reply #91 on: May 06, 2025, 08:36:16 PM »

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Re: What will you do to accumulate bitcoins throughout this year?
« Reply #92 on: May 06, 2025, 10:02:12 PM »
What I personally prioritize is to always invest in Bitcoin for the long term and of course invest the investment with our own funds that we will not need in a few years.
And at the same time, invest in such a way that even in an emergency situation, I don't have to touch my Bitcoin investment.
Another important thing that is most effective is to follow the DCA (Dollar cost averaging) scheme for the long term and I won't say to increase the investment amount, but if you regularize the investment amount that you want to make, then you will see that after a while, a huge amount has accumulated in your bitcoin adoption.
I noticed that there is not only investment, but there is also the building of the foundation for the mind. It is not so easy to cut off the usage of BTC assets when it is needed the most, but that is the best indication that one really considers this asset to hold. However, it is not a mere technical process where one can follow DCA regularly, but it is also about developing habits. You are not anchored on price directionality, but simply allowing time and compound to do their magic. I do believe that the kind of investments that has been made here with this calm and consistent growth model has bright chances to provide real outcomes in the following years.
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Re: What will you do to accumulate bitcoins throughout this year?
« Reply #93 on: May 06, 2025, 10:57:30 PM »
We all know that Bitcoin is the currency that is on everyone's lips, everyone wants it and it's increasing in value every 2 years on average.
There are a few ways to obtain bitcoins, such as:
Working in formal jobs, freelance, earning extra income on the internet, offering products and services to sell.
Bitcoin is one of the easiest investments to make however sometimes it's volatility you can be stressing. Nevertheless they are numerous ways out there to accumulate bitcoins but they are majorly either offering a service or selling some goods or items.
In my opinion I think the best way especially if you want to accumulate is that actually offering a service since sometimes dynamic rates can be against you during dips, as someone selling goods you may be short of funds to restock.

Yeah that's true and that's why it's advisable to always make or have a tangible work doing before going into investing in Bitcoin although not the purpose of anything but for the fact you don't just sell out your already saved coin for other important life purpose because that's the problem most person face when holding Bitcoin for long term without making proper arrangements like having back up funds aside their portfolio earnings and DCAing helps in that area as you get to plan everything simple and consistency will see you true the investment journey.

Bitcoin is one of the easiest but can also be a pain in the ass if you don't understand that their is volatility in the market and sometimes you gats to bear the loss or should say Dip knowing fully well the future is bright for her to soar up again.

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