Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 22/04/2024, 21:39:36 UTC
You know most of these newbies investors don't really know much when it comes to bitcoin and altcoins. Some of these people depends on what people they see as experienced people tell them to do. This thing is common among the female newbie investors. I have come across many and they practically don't know anything and there are people out there taking advantage of such newbies who are willing to invest on any coins that are shilled to them. As a newbie who doesn't know the difference between bitcoin and altcoins, and you are surrounded by altcoins investors, you will think that altcoins is all there is out there. At this point if they tell that newbie investor that the altcoin is the bitcoin the person will believe and invest without knowing the difference and be thinking he/she has invested in bitcoin. Not everyone out there is knowledgeable like me and you

Well I will say the reason why such newbies are easily manipulated are due to the fact that they lack the habit to do their own personal research. Before jumping into any form of investment, just as they say you don't need any complex knowledge before investing in Bitcoin, just having the basic knowledge one is good to go in his Bitcoin accumulation journey.

But if one lack such habit of always researching before taken any action, he or she may endup encounting a shitcoiner that will do a great job in misleading them investing wrongly into the wrong projects. So those that have the privilege to see the beauty of Bitcoin should use such privilege for their good and favour by taken action in accumulating and  investing in Bitcoin While holding some fiat that will serve as an emergency funds.
Research is always important in every area of life we find ourselves in, because it is through research that we can be able to find the truth and set ourselves free. If a new investor is guided by someone only interested in investing in shitcoin, that new investor will also be investing in shitcoin because he or she was never taught about bitcoin. But if the investor can do his research, he or she will find out that bitcoin is a real asset to invest in. For newbies, they should do their research to also see the reasons why it is not good to invest in shitcoin.