Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Ojima-ojo
on 17/05/2023, 18:36:55 UTC

There are still people who invest in bitcoin for the long term just for the sake of their children's education in the future someday, they start now from a low price by means of DCA or whatever it is that can buy to accumulate their portfolio because education is very important and requires a lot of money not least so for those who pin their hopes on bitcoin for its future it would be far better than storing in inflation-drained fiat.
Bitcoin investment is the best form of investment for future sake inbthe sense that, one can choose bitcoin as the best alternative to bank share or other kids educational and future funding and also bitcoin is the best asset transfer evere that avoid the many taxes that come with holding other assets such as fixed depositis or real estate  all that are subject to inflations and interest rate crisis, but bitcoin is the best alternative and once you thought your kids what it means to align with various financial practices and education along side their ability to protect themselve securly using bitcoin,
1: wallet
2: privacy
3: decentralized finance
Quote
There are also those who are still unable to invest because they are hindered by the cost of their education now so every time they get a salary, it is only enough for the needs and costs of their children's education.
The most important aspect that must be prioritized, if you want to invest in bitcoin long term then at least there must be a reserve fund in a few months, then they can start investing slowly by DCA.
I agree with you, the level of financial education of an individual increases his ability to make decisions that best suit his or her investment plan at that time and how to constantly take profits and what the right investment is for both long-term and short-term basis, e.g if you invest in Bitcoin its not good enough to just hold for long term, but also learn how to DCA as the price rise in-between, learning how to take dollar cost averaging in bitcoin is the most lucrative thing to do with bitcoin investment that way you arrive at a financially stable position earlier than expected.