Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Marvelockg
on 03/04/2024, 12:58:52 UTC
It might just be misplacement of words but please don't found it disrespectful because I am just learning thesame way you are learning obviously you might be a professional but I am actually sorry for missing things but I am only been true and original here maybe I just have to go back to my drawing board and check my work very well....

And thanks for calling my notice that I have to check my work before posting them thanks comrade
there is no need to be sorry, we're all learning on the forum and if we don't air out our views we probably will remain ignorant and never grow to getting the right knowledge. No one knows it all and at one point or another, others have corrected me in several misleading statements I have made and it has helped a lot in giving me a right narrative about what Bitcoin is and how to go about stacking up Bitcoin in my portfolio.

As a newbie that's still trying to figure things out, just distance yourself from any altcoin regardless of what people think about it, device a means that will work well for you to effectively accumulate as much bitcoin as you can and by so doing, you will learn alot of things along the way. You must not get too much before investing. The beautiful thing is that regardless of how high the current price of Bitcoin is, the system is designed in such a way that you can easily buy a portion of Bitcoin with as low as $10 and depending on how financially bouyant you are, you can use the DCA strategy to buy iether in weekly or monthly bases and with time you must have bought a large fraction of bitcoin which should put you in a good profit. Don't be deceived, Bitcoin isn't a get rich quick scheme so you've got to distance yourself from any idea that you can just buy today and make profit the next day, real profit mostly come when you've bought a good quantity of Bitcoin and allow it stay till tye market reach a particular amount thats convenient for you and then you can decide what you want to do with your profit. It's best seen as a long term investment so you would have to set out an amount you're comfortable with and also make room for emergency funds so you don't get pressured to sell it at a price you should be holding on to it because of cases of emergency. The journey is still fresh for most of us including myself and thier is still lot to learn while we continue accumulating the little way we are able to with the resource that's available to us.