So I’m new to crypto with this I do not know commerce. I’m attempting to be abreast with the newest information surrounding crypto in order that I’ve an concept of when to promote, purchase or maintain. If I’m not a dealer is it value simply continuously shopping for bitcoin whatever the worth and at finest when it is low at a cut-off date?
That is exactly what you need to do.
You’d be surprised at just how many people actually know how to trade… Successfully.
Don’t buy or trade crypto.
Accumulate and HODL bitcoin.
That’s actually where the original “HODL” term comes from (a guy who realizes he’s not a good trader). Always fun to look back on this – great wisdom from a guy drunk off whiskey.
https://bitcointalk.org/index.php?topic=375643.0
> I don’t know how to trade
So, don’t. 🙂
You’re way ahead of many people that *think* that they know how to trade. I’m glad for you.
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> is it worth just constantly buying bitcoin regardless of the price
Definitely yes. The point is, that you don’t make any decisions, so you can’t make any *false* decisions. Bitcoin is an asset that will appreciate very much in the long term, so just DCA in is a simple & safe strategy.
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> I have an idea of when to sell, buy or hold
My tip: Always hodl the biggest amount of your btc portfolio. We will be rewarded in the long run.
Other than that, DCA, but similar to you, I **think** that I have an idea when to DCA bigger sums, or when to cash out *some* profits. And I will try to. I think, I’m quite disciplined not to mess up or panic. And, as said, it will be for a small part of the portfolio.
If you feel that you don’t know what you’re doing, stick to the simple ‘always DCA same amount’ and be safe.
Go read “The Bitcoin Standard'”….your welcome
absolutly DONT hold on exchage
My personal preference is to DCA [Bitcoin](https://coincorner.com), lets you forget the stress of buying. Just DCA and chill.
V⚡