Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Taskford
on 18/02/2024, 08:01:23 UTC
⭐ Merited by JayJuanGee (1)
If a person has small amount of funds to invest then I will suggest him to invest in bitcoin as we all know bitcoin is very safe to invest. Since small funds it will be safe to invest in bitcoin instead of investing elsewhere. First invest elsewhere.  If he faces loss then he will fall in the first position. So if he wants to earn profit from small funds, he has to choose Bitcoin and invest then he can make more funds from small funds.
Yes if a person has a small amount of funds to invest in the initial stage then it will be better and safer to invest in Bitcoin than investing in other coins. Bitcoin has a method that anyone can start investing in Bitcoin from any amount of money we can call that method as DCA. Many are already enjoying the benefits of investing in this method.
Everyone has their own thoughts.
Investing in Bitcoin is indeed quite promising for the future and there are those who doubt that, but what must be understood is that the profits that will be obtained are quite commensurate with the risk, meaning that if we invest in Bitcoin with a small amount of funds, we will not get large profits.
I don't mean to be greedy in taking profits, indeed we have to be realistic but there is no harm in taking big risks for big profits, especially if we only use a small amount of funds to invest.

Understandable for people to doubt on something they don't know, but its a mistake if they don't want to figure out what are those new information introduce to them since if they always caught up with fear without verifying the technology or the currencies they have seen for sure they would missed out the opportunity that can change their life. That's why we can say that those old folks in crypto are so lucky to deal with bitcoin when price is so cheap since most of them are earning the fruit of their efforts made for long time especially when holding their bitcoins since they have strong belief on it.

Also if people would think about getting big profit for small amount they deposit on short time span then most likely they would fail, since they might go on some promising offer that can turn into scam in short while that's why people should not became so greedy and have realistic approach on their investment on bitcoin.