Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
macson
on 13/11/2023, 19:06:32 UTC
It is important we make this clarification so that new people going through this discussion will not think that investing in Bitcoin is that complicated because it isn't.  It is more of a mentality something after the financial aspect have been taken care of. By mentality, I'm referring to the ability to invest without fear, greed and the resolve to give the investment time to yield profits.
to be really frank, when I use to hear about bitcoin before joining the forum, there used to be this feeling of complexity attached to it and I never knew it's a simple thing that doesn't really involve much complex analysis before one can invest into bitcoin. I guess that's possibly the reason why some persons are afraid to invest in bitcoin because they look at it as one complex stuff that they will needd to take a whole bunch of time studying before they can get the basic knowledge that will guarantee proper investment
all new things are certainly very scary for some people, especially if it is related to money, bitcoin is still new to the ears of the majority of people, in fact i rarely find people who actively talk about Bitcoin in crowded places, i also heard about bitcoin for the first time, quite doubtful about bitcoin, especially when i saw bitcoin at a very high price but slowly i read the history of bitcoin and all things related to bitcoin, for those who are still new to bitcoin, investing in bitcoin using the DCA method is something that number 1 i really recommend after that the next level is the buying the deep method.  bitcoin is not that scary, bitcoin will never make people lose if they don't panic sell because they fall for FUD, bitcoin will continue to exist and be profitable if you take advantage of opportunities through price fluctuations.