I just started last month with 500 USD investment and thinking I will continue with 500 USD for another 2-3 months until I start to understand how crypto market works. Thereafter, I’m planning on increasing my investment.
I didn’t buy $BTC when it was at 105k USD last month thinking that I will buy it when it dips below 95k USD or so. Please suggest is it wise to buy now at present rate (2nd month) or to wait with anticipation that it may dip below 90k USD.
My goal is long term investment just to buy $BTC on monthly basis and hold it for many years.
Please note that I’m new and suggestions are appreciated since it’s learning phase for me.
Joined very late in Jan 2025 on the crypto bandwagon after thinking about since 2020. As a beginner the attached pic is my allocation of crypto assets after doing some basic research. I have cautiously started with lesser amount. My aim is long term of atleast 5-10 years. Kindly advise if it’s the right direction.
I have $BTC and $ETH in mind going forward when my understanding evolves and waiting for the dip.
Others in my allocation include some meme coins of insignificant amount.