Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
GigaBit
on 01/01/2024, 16:09:04 UTC
⭐ Merited by JayJuanGee (1)
The truth has always remain that money invested has more potential to produce more money than money saved in the bank or in another place. I don't really believe in saving money while the money can be put into use through Bitcoin. Once I get my paycheck and remove my feeding money and the percentage for emergency funds I put the remaining balance into Bitcoin investment and since I have a business that also produce little money that I can always rely on my daily financial life has not been negatively impacted.

For those of you who have a fairly large monthly salary, you can divide it into several aspects that can benefit you and your own life. But for those who don't have a monthly salary, of course they still have to collect a certain amount of money manually so they can distribute it into several aspects, including the investment aspect. Because money that doesn't move can't produce anything other than a constant amount, so it's very appropriate to place it in several important parts of your life. For example, like what you did.

Investing money in Bitcoin is actually not difficult if we have a basic income that we can rely on for several things. However, for some people the difficulty in doing this is when they still don't really believe in Bitcoin even though they are able to Buy the DIP, and HODL gradually. Because for those who don't have the basic capital to do this, of course they can try as long as they have the intention to do it very consistently without looking for any reasons for the things that can arise in investing.
Yes, everyone earns more or less ‍and every person tries to save a minimum portion of his income. There are many who can deposit their money in a financial institution without investing it elsewhere. After they have done so for a long time, when they get their money, it loses value with inflation. Bitcoin is definitely a good alternative for them. Investing in Bitcoin will result in both investment and savings at the same time.

The amount that a person keeps into his savings every month, if he keeps it regularly in bitcoins, then that person can increase the investment several times over the money. However, the benefits of investing in Bitcoin are much greater than those institutions can provide for long-term investment. In this regard an investor will not only benefit in terms of money but also make his savings into a long-term asset.