Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Odohu
on 05/11/2023, 16:11:52 UTC
I don't have as much knowledge about investing as a professional investor but if I have knowledge I can invest in Bitcoin and if I have the patience to hold that investment for a long time I have gained patience and knowledge about investing. I am just waiting to invest maybe soon I will fulfill my investment dream by investing in Bitcoin. The amount of money I want to invest in Bitcoin may not be much but this is the beginning of my investment. I have a lot of plans to invest in my first Bitcoin. I plan to hold my first investment for five years. I am a student and I have a part time job besides my studies from which I earn about 200 dollars every month that's why I dare to keep my investment for 5 years. During these five years I will not only hold my investment but every month I will try to add some amount to my total investment if I have a job for five years. That's why I will hold the investment in five year plan because after five years my graduation will be complete then I will try to do something good with my investment. 

Hopefully I can hold on to my investment for a long period of five years and continue to grow my investment every month.  I believe that after five years this investment will help me achieve my goals.
Good you join Bitcoin as a student, that is pretty early and a perfect time. Before your graduation, you would have saved a good amount of money in Bitcoin.

The DCA method is your best choice since you have a stable monthly income. So check yourself to know how much of the monthly $200 you can commit to Bitcoin without putting yourself in pressure financially.  I am also happy you are already thinking long term. That is the sure way to follow Bitcoin as it has been proven to be the way to maximum profit.