Post
Topic
Board Economics
Merits 1 from 1 user
Re: What are some financial secrets that you know of?
by
YUriy1991
on 30/07/2023, 04:29:35 UTC
⭐ Merited by JayJuanGee (1)
Everyone is right on there own thoughts, as an investor who puts his/her money on an investment, your mind must be on that investment or the capital it self not the profits, hope you get my point? The capital because is the hard earned money the investor used to invest, not the profits because the investor is not well assured of it, but keeping your mind away from selling your coins is very very important thing to partake, holding your coins makes the profits more bigger for a proper time to sell, it might be tempting to sell your coins if that's the first time for the investor to join the crypto world.

I think we all here need to sit back and relax with BTC and use it everyday until this revolution reaches its highest stage. Talk about capital and how to invest in BTC so that it is optimal. Yes, with DCA. DCA will help you be disciplined when you buy more units, when the price goes down and less when the price goes up. This will make it easier for us to make investment decisions and avoid emotional decisions and one more thing, never ask for advice/references on the Internet, because we run the risk of being scammed and that's not what we want, right?

So the question here is are we ready to carry out the DCA strategy and be consistent, regardless of rising or falling prices, regardless of economic conditions?