Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Salahmu
on 23/11/2023, 22:19:44 UTC
⭐ Merited by JayJuanGee (1)
Diversification is a safety net when it comes to investment. At a certain point, there may be a need for an investor to delve into something that is certain to provide a faster return, perhaps in a short period of time. This could be an investment outside the cryptocurrency space. Some reasons for this include acquiring more money within this period so that they can aggressively buy Bitcoin and achieve their Bitcoin goals.
Venturing into something or business that could help you in times of finance in other to boost your accumulation level of Bitcoin is actually a good plan but however if your intentions of venturing into those business is for you to use all the funds to aggressively invest on Bitcoin I would say is not a right decision if you are not really sure of the cash flow of the business because so many investors has gone that line but find it difficult later.

Because most of the people who invest aggressively are mostly those investors who have the fear if missing out, so they always make sure they invest all they have in other not to miss any opportunity, so sometimes it could really affect the investor when a serious need will arise and there is know means of solving it and it will becomes a challenge, so I would just advise you not to invest aggressively but instead you could invest the amount you know will not affect your other need.