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    Author Topic: When is the best time to buy?  (Read 1651 times)
    john_egbert
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    January 24, 2025, 07:50:31 AM
     #61

    Buying during a dip will be the best time to buy Bitcoin. But unfortunately, we are not always see that dip coming so we can only buy when the price is down. We must adjust our money to invest in Bitcoin so nothing bad will happen to our financial.

    That is why we must allocate the money for our investment while we can still fills our needs without a problem. The next thing that we should do is determine when we can buy Bitcoin. But we have DCA method that we can use so we can stick to that to invest in Bitcoin in schedule.

    With DCA, you don't have to worry with the fluctuation of the price. We can stick to our plan to buy Bitcoin while we will have a chance to have more Bitcoin.

    That's why when we DCA, we don't need to wait for the dip, we need to act with or without it.
    The price would be averaged nevertheless, and once we understand it, the only thing left is the risk management you mentioned.

    A hodler is the happiest participant of the market  Cool
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