Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Rabata
on 18/05/2023, 10:49:00 UTC
The earlier the better for anyone who hasn't made up their mind to buy Bitcoin and hold it for the long term base, but also financial education is very important even more important than having the money to buy Bitcoin, so before you place the buy order, consider it to be of an essential aspect to always acquiring.
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.

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.
In my local area I have seen several people who have now chosen bitcoin for their children rather than depositing money in the bank. They are now able to understand that keeping money in the bank may lose its value in the long run due to inflation. Moreover, many of them are showing the tendency to collect a good amount of money by investing in this platform keeping in mind the potential of Bitcoin. Those who are buying Bitcoin with such attitude will benefit more. Because they usually plan long term. They are now buying bitcoins through DCA just as they used to deposit money in the bank every month. But this trend I have seen in most young fathers. Those who are middle-aged are comparatively lagging behind. But gradually I think they will also be encouraged to invest in bitcoin. Because the Bitcoin wave is still sweeping all over the world.