What is the importance of regular and periodic bitcoin investment?

in Project HOPE4 years ago

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You have all been familiar with bitcoin for some time, and curiosity has led you to increase your knowledge of this digital currency.
You have read about how Bitcoin can change the world, and it has added to your amazement.

But this digital currency has a very volatile market and you may have been thinking a lot about when is the best time to buy this currency?

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Time in the Bitcoin market overcomes market timing

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The best strategy for buying bitcoin is to buy it periodically and allocate a fixed budget to it.
For example, we can spend a hundred dollars a month to buy bitcoins and do this every month.

This time period depends on the people and there are people who buy this great digital currency daily or weekly.
This will bring you more profit in the long run and will also give you peace of mind and you can reach your family life.

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Resist non-smart money

Today, people are lurking in the trading of various assets, and the printing of money by central banks has turned the world's trading markets into casinos.

The strategy of buying bitcoin courses is tedious for today's traders who want to make a quick profit, and it is really difficult to convince these traders to do so.

Today, the value of Fiat money is declining day by day, and ordinary people have been forced to trade and buy things that keep the value of their money in order to prevent their purchasing power from diminishing.

The world markets today are organized in such a way that ordinary investors fall prey to professionals. The term "non-smart money" is not a term coined to insult ordinary investors, but rather indicates that many people around the world have entered the market for various assets and do not have the necessary knowledge in this area.

Our ancestors in the past could use their savings to achieve their goals and determine their future retirement. But with the abandonment of the gold standard and the advent of pure fiat money, this strategy no longer worked.

After the separation of money from gold in 1971, the creation of systematic credit was institutionalized and the idea of ​​saving became completely meaningless to ordinary people.

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Revive savings and make them valuable again

The advent of bitcoin has changed that.

Today
bitcoin can be used to save money and not worry about losing its value.

Historical books indirectly talk about currency reform, but countries around the world have shown that this currency reform has a completely anti-savings approach, and today we see that policies such as quantitative easing and money printing are in stark contrast to savings.

Bitcoin today acts as a global piggy bank and has created a global liquidity pool that, due to its unique features, is available to almost everyone on the planet.

The increasing number of periodic purchasing services of this digital currency are proof of this claim.

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This is all my own idea about this.
If you have another idea, I will be happy to hear it.

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This really made my day I must confess

I glad to hear that 😉

Good article, I like to think that the coins are a kind of small investments which generate income in the medium term.

They usually are

 4 years ago 

I really hope you came back.
If so, I welcome you back to PH.

I really hope you
Came back. If so, I welcome
You back to PH.

                 - juanmolina


I'm a bot. I detect haiku.

thank you juanmolina.
I'll try to create a good content in this community.

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