Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
fadhilz123
on 26/02/2024, 10:25:12 UTC
One of the beauty of investing in bitcoin and holding it (for long-term) . Is that you don't need much knowledge nor skills to start accumulating. To that of trading (because before thinking of trading there's alot knowledge required), But in holding you just need the basic knowledge then you can start your bitcoin accummulating Journey. Afterwards you can start learning way you could secure your asset and knowing the principal on how to secure and healthy Bitcoin investment.
Every job like this always requires basic knowledge so that someone knows where to start, even though trading and investing have fundamentally different knowledge. However, for these two things, I think the knowledge to hold for long-term investment will be easier for everyone to carry out than the knowledge of trading which basically has to start by getting to know assets and also getting to know the market and market charts which often change. Meanwhile, someone who wants to invest in the long term only needs to know the best assets and believe in them and be willing to make the decision to invest better in assets like Bitcoin.

I totally agree with you on this, most investors don't know that it is actually paramount to put your security into consideration first before investing in any asset, expecially Bitcoin, you have to first of all think on how to preserve and protect it, before even acquiring it, so as not to run loss in one single act of ignorance.
Getting to know Bitcoin and learning how to secure it are two important things that must be studied simultaneously by everyone who wants to invest through Bitcoin after preparing other things such as capital and other basic knowledge. This means that the first two things should not be ignored by every investor because after knowing Bitcoin and believing in Bitcoin, it is appropriate for every investor to know how to secure it in their wallet for the long term so that it is not stolen by other people.