Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
adultcrypto
on 17/10/2023, 11:34:15 UTC
⭐ Merited by JayJuanGee (1)

I agree with most of what you are saying here, and surely there is value to interactive kinds of learning that involve ongoing actions rather than just reading about the theory and not doing anything... so year, there may be some needs to put some plans into action, whether that is $10 per week or some higher amount that might depend on personal circumstances, and maybe even a smaller amount in the beginning while learning and gaining confidence.
This bring to mind the discussion in this thread: Bitcoin knowledge is not complete without bitcoin investment . There is every need to actually put the theoretical knowledge into action by starting even small. That is the way to have a true feeling of what it takes to be invested in Bitcoin such as the excitement and fear, doubts and many other feelings that only time enable us to understand about Bitcoin when we put our money into it.


That's a good start when you aren't comfortable enough in life. I think $10 a week is very affordable. Consider it a long-term investment, maybe over 20 years if possible, as you never know how much it will grow during that time. We do spend on our personal wants, so I believe we can minimize expenses and redirect that money into investing in Bitcoin.
Starting with $10 per week does not mean you must remain at that level for 20 years. That is an anomaly as we all aspire to grow in finances. Besides, it is at the current price of Bitcoin, $10 per week will really require so much time to realize a life-changing portfolio as I do not see Bitcoin doing X1000 easily. Therefore, to start with $10 per week requires that plans should also be in place to increase the inflow so that it will become easier to get 1 BTC which I consider something reason to hold for the future.