Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Gallar
on 19/02/2024, 08:24:57 UTC
Many people fail in their investments in Bitcoin and all because they didn't learn much about Bitcoin.

On the contrary wanting to have or learn much about Bitcoin could possibly leads to procrastination, you may end up not having Bitcoin in your portfolio because you feel you have not learnt much, from what I have learnt in this thread which I believe is the best, having the basics or fundamental knowledge of Bitcoin is all you need in your Bitcoin investment, while you tend to learn more as time progresses.

~Snip
Judging someone who learns too much about Bitcoin at the risk of having their bitcoin investment delayed, I don't think that's right. Because you need to know that every potential bitcoin investor has different traits, characteristics and desires. So of course there are potential investors who are very careful, there are also those who are just average (medium), or the worst are potential bitcoin investors who are too ignorant (don't study Bitcoin at all). So, of these three characteristics, maybe your opinion (@Tmoonz) is more inclined towards those who are just ordinary (medium) cautious. Because this is in accordance with what you explained. This means that when you want to invest in bitcoin, the scientific step (learning) is just to learn the basics about bitcoin. And the steps will definitely suit you and people who have normal alertness.

However, this is different from people (potential bitcoin investors) who have very high caution. A typical person like that will definitely never feel satisfied so something he is going to do (invest in bitcoin) has not been studied thoroughly. Because in essence, typical people who have high caution basically always want more details when studying something like Bitcoin. Because if there are no details, prospective bitcoin investors who are very careful will definitely not feel calm.
So at this point I assume that your assumptions(Tmoonz) are only intended for people with average (medium) caution and cannot be averaged out to all potential bitcoin investors.

Because in conclusion, every bitcoin investor has their own style and method when investing.