Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: You must have a source
by
Abdulzuruku01
on 03/02/2024, 15:10:50 UTC
⭐ Merited by JayJuanGee (1)
You must have a source of income if you must succeed in your holdings.

For the few years I have been into cryptocurrency, I have discovered that you can't hold till the right time if your don't have a source of income. Just imagine that you have a pressing basic needs like feeding or rent, then you don't have money  to finance it, you will be forced to sell your Bitcoin at a loss if you don't have a source of income outside your holdings.

Most people that have sold their Bitcoin holdings at a loss or at an average price actually have the patience but don't have the knowledge of how to hold, because a good holder must be aware that he needs a source of income for him to be able to consolidate to his holdings.

It has happened to me severally, I have been able to hold now, since I started working as a merchandiser with Guinness, I think most times, experience is the best teacher.

Great advice It's important that we have a source of income before we begin holding. Since hearing about bitcoin, I have been preparing to start holding so that I can join the beneficiaries because I get jealous of others who seem to be making huge profits from holding, especially during the bull run. I don't want to rush myself now because I will find it extremely frustrating if I want to start holding now, because my current source of income won't allow me to save enough if I say I will be holding and also saving for other things outside. but I have planned that I will begin my investment after this bull run by using DCA strategy, I learned about the DCA strategy and how to use it during my research, had I known about it earlier I should have saved a lot by now. However, I still don't regret it because investing would frustrate me if I jumped into it without proper knowledge.