Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Myleschetty
on 30/01/2024, 21:08:47 UTC
If there is no different funding then Bitcoin will be held off for a long period of time.

If there is no emergency funds available there is no way you can hold your bitcoin for a long time. That's it has been emphasized several times that for you to hold bitcoin for long as an investor make room for emergency funds.

An emergency savings is not what we should use to play when we really want to hold our Bitcoin investment over a long period of time. A lot of people always have plans to hold their Bitcoin for a very long period of time, but because of emergency savings they lacks side is what makes them sell their Bitcoin or sell part of their period when the problem arises. So for a smooth Bitcoin investment, we should always know that emergency savings are always necessary, and we should alao be trying to continue saving for emergencies that may arise in the future and as we continue accumulating more Bitcoin.
 
@Justbillywitt, You are 100 percent correct.
@Humblevirus, Emergency saving is something everyone ought to consider landscape aside in every setting not only in the Bitcoin investment area, and if you want to do it right there should also be room for funds whose purpose is for learning and skill improvement to be ahead in the space that will operate.