Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 05/11/2023, 21:55:19 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.
You have made the right decision to invest your money in Bitcoin and hodl it till you graduate from your studies, it is a nice move because you already have a means of income, which will make you not depend on your Bitcoin investment for survival. But before you invest in Bitcoin I advise you to gain a little knowledge about Bitcoin so that you will understand how Bitcoin works to help you not to sell your Bitcoin when Bitcoin drops in price. Whenever you are ready to start your Bitcoin investment you can use dollar cost averaging (DCA) to buy your Bitcoin, because dollar cost averaging (DCA) will help you reduce the volatility part of Bitcoin in your hodling