✅ 1. Define Your Goal
Ask yourself:
Are you investing short-term or long-term?
Do you want to trade actively or hold passively ("HODL")?
What is your risk tolerance?
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🧠 2. Choose a Strategy
🟢 A. Dollar-Cost Averaging (DCA) — Low risk, long-term strategy
Buy a fixed amount regularly (e.g., $50 every week), regardless of price.
Reduces risk of buying at market tops.
Best for beginners or those with a long-term horizon.
🟡 B. Buy the Dip — Medium risk, timing-based
Only buy when BTC drops by a specific percentage (e.g., -10%, -20%).
Requires emotional discipline and market observation.
🔴 C. Lump Sum Investment — Higher risk, but potentially higher returns
Invest a large amount all at once.
Best when market is oversold or entering a bullish trend.
🔵 D. Hybrid Strategy — Balanced approach
Combine DCA and Dip Buying.
Example: $200/month via DCA + $200 saved for occasional dip purchases.
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💼 3. Risk Management
Never invest more than you can afford to lose.
Keep BTC under a certain % of your portfolio (e.g., 5–10%).
Diversify with other assets if possible.
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🛡️ 4. Storage and Security
Use a hardware wallet (e.g., Ledger, Trezor) for long-term holdings.
For short-term traders, use reputable exchanges (Binance, Kraken, Coinbase).
Enable 2FA and avoid keeping large amounts on exchanges.
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📊 5. Monitoring & Rebalancing
Review your portfolio every 3–6 months.
If BTC grows too much compared to your other assets, consider rebalancing.
Use tools like CoinMarketCap, CoinGecko, or portfolio trackers.
