If you want to dabble you could buy a little bit each month over a few years. Whatever you can afford to lose. You’ll the buy the dips as well. With bitcoin no one knows the “true value” and it’s hard to assess like a stock.
I don't have the necessary financial knowledge to learn how to trade efficiently. I know it's now just buy low, sell high. The problem is when and what to buy.
The only thing that I could do regarding this is use a platform like etoro and their copy feature.
Thats the great thing about Exchange Traded funds which track an index - there's no thinking to do just invest in the fund for example this is a popular one: Vanguard S&P 500 ETF (VOO)
And when you buy this you are effectively buying, Apple, Amazon, Google, Johnson & Johnson, Procter & Gamble Co, NVIDIA etc because the fund will go ahead and buy all the largest 500 US companies weighted by market cap.
The S&P500 has returned an average of 12% a year for the last 10 years.
