Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
arwin100
on 15/12/2023, 11:45:46 UTC
⭐ Merited by JayJuanGee (1)
Exactly.. a person (newbie into bitcoin/investing) can start out by dedicating 5% to 10% of his income into the investment, and after a few years increase that to higher amounts.. but surely if it remains unfeasible to increase the investment amount to more than 5% to 10%, then such person should just do what he can, and even 5% to 10% will likely add up, even though 5% is likely only equivalent to having had invested a whole year's salary after 20 years of employing such strategy, but 10% has chances of having invested a whole year's salary after 10 years.. and sometimes these higher levels of aggressiveness (when possible) can make really stupendous kinds of differences in therms of the progress made and how the quantities might add up to significant, meaningful and potentially life-changing amounts.

That's actually good figures to invest but knowing newbies they don't easily go with long term investment that's why they also need to experience first how to trade well in the market and after that for sure they would realize that Hodl is so good for anyone and for that they can start this 5% or `10% part of their salary for their investment. After that once they know how good to have bitcoin then they can increase their balances if they want to increase their investment capital for bitcoin.  I might not suggest to use all of their salary but rather slowly increasing the amount they use maybe better so that they can still have money to use for spending on other things they need and they don't need to became more greedy with it since there's perfect time for everything that's why use the amount they can afford to lose since everything will be rewarding in the end once bitcoin pump and we properly execute all necessary things needed to do especially for strengthen up our emotions on the challenges comes in the market.