Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
MusaPk
on 17/10/2023, 18:12:03 UTC
Those who are new to Bitcoin have to spend some time initially to understand what it is and how it works. Those who spend some time early in there journey wont find it hard for the future. You might be an expert Bitcoiner now but initially you also have spend time in knowing this system. Even one need time to understand how DCA works in case of Bitcoin although there is lot of literature available that can tell how effective DCA is.
There is no shortcut to success, one has to put his time and effort to get success. You cant get success in crypto or other trading market only by listening to podcast or by reading tutorials. To get success one has to think from his own mind that what works best for him.  
The more you sweat, the more you shine

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.

It's best thing that if you are new to crypto trading market then you start with small amount rather putting all you have. There are practising stuff like paper trading that let's you do trading without investing any money. They are good for anyone new to trading but they can't give you actual essence of real trading. Just like you learn swimming when you actually jump in water likewise you get real trading experience when you start trading with your money. So there are many things one has to keep in mind while he start his crypto trading journey.