Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Pikachi42
on 03/02/2024, 11:01:38 UTC
That would be one of the best strategies. Because most newbie would be learning about bitcoin without having any in their portfolio, due to low confidence and trust. Most of these are triggered due to a particular event he or she or someone they know of have encountered in a certain investment. Most time alot of newbie got themselves woumded by investing in a particular altcoins due to lack of proper research. Which may have leave a certain scar that have affected their confidence but still if they have started making good research they will know that "all coins are altcoins except bitcoin" Which is superior to the others in many ways. So is only when you are learning about a certain altcoins you need to hold horses (not making any investing yet) but learning about bitcoin you can start with accumulating some quantities to your portfolio as you are learning about it. Even using DCA strategies to buy $10 per week, as time goes on as you see the beauty of investing in bitcoin you would surely increase your funds in accumulating more bitcoin and the end you will that all your efforts wasn't in vain. When you see the good changes on your portfolio at that time.
I would say for newbies  in crypto currency investment, if you are interested in investing in crypto or altcoins, you should first get advice from experienced people. Then it is important to gain experience from them. Then you can protect your money from loss.

As, I am new to this platform. I am currently trying to gain experience from an experienced person and raise money for investment without any investment involvement.

If you are interested in investing in Bitcoin, then at the beginning you need to know all the information related to Bitcoin. When was Bitcoin, how was it invented, what was its value and what is its future in the coming days? I think it is necessary for newbies to know these. I think it is the right time for you to invest in Bitcoin when you are able to acquire all the information