5 Reasons Why I Buy Bitcoin Daily [Infographic]

finguru (73)in LeoFinance • 3 years ago (edited)

Bitcoin King.png

If you are deep into Crypto, buying Bitcoin is a very smart choice. It's the king of crypto and I don't see that changing anytime soon. Altcoins may go up or down but Bitcoin is going only in one direction i.e. UP. Investing in it daily was a choice I made at the starting of this year. I will handover this fund to my son who is not even one year old right now. Maybe in 5 years or maybe in 10 years, I don't know.

I use Bitdroplet, where you can start a SIP (Systematic Investment Plan) and invest in Bitcoin, Ethereum, Gold, and Silver on a periodic basis. Dollar Cost Averaging (DCA) is the best and low-risk way of investing into any asset. If you buy Bitcoin daily, weekly or monthly, then you are going to reduce the risk of Market Swings. In long term, you can make a decent profit ✌

There are five major reasons why I really like Bitcoin and that is why I invest $1.36 (100 INR) into it daily. It's small but "Tiny Drops Of Bitcoin Make A Mighty Investment". These reasons might be simple but it is what it is. Lucky you, there is an infographic. Let me know in the comment section whether you invest in Bitcoin or not and why.

5 Reasons Why I Buy Bitcoin Daily.png

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_{Not financial advice. For infotainment purposes only.}
_{This post has refferel links inside.}

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#bitcoin #dca #btc #hustler #broadhive #ctp #archon #cent #neoxian #proofofbrain #leofinance

3 years ago in LeoFinance by finguru (73)

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stefano.massari (72) 3 years ago

Not a bad idea, resorting to periodic purchases on Bitcoin could be a sort of accumulation plan ... and it could also give great satisfaction

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finguru (73) 3 years ago

That's true! Since you are investing in the king, you can be relaxed and enjoy your worth growing.

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trezor777 (40) 3 years ago

Dollar Cost Averaging eliminates the guesswork of when the best time to buy is.

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finguru (73) 3 years ago

100%.

The best time to buy Bitcoin is right now and then again tomorrow and then the day after tomorrow and so on...

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dlmmqb (71) 3 years ago

First

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finguru (73) 3 years ago (edited)

Second

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dlmmqb (71) 3 years ago

Lol nice humour

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rmsadkri (70) 3 years ago

Buy, hodl and relax :D

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fabian98 (73) 3 years ago

I don't buy bitcoin, but I buy altcoins that I know have good growth potential.

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finguru (73) 3 years ago

That makes sense too! Altcoins with strong fundamentals could give out nice returns in long term. ✌

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