Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
cxtreenal
on 24/04/2024, 16:32:26 UTC
Edited
Those investors should not to be taken seriously considering that they will always run to sell of part of their holding to solve problems. This set of people cannot successfully hold bitcoin for a full circle. Don't make investment when you cannot feed yourself and take care of your basic needs without turning to their investment. When we do invest, turning to our investment to solve problems should totally be out of the equation.
Emergencies can occur at any time so we are required to make every effort to overcome them, including sacrificing the investments we make.
For example, health or education problems are problems that cannot be tolerated when you need money immediately.
I don't think it's a problem or a fear for us not to start investing, problems that occur unexpectedly in life are a normal thing in my opinion, and I never thought it would be a reason for us not being able to succeed in investing.

This is different from people who are unable to meet their daily needs, such people certainly will not think about investing.
Investments are only made by people who have more money than they can use and the better option is to invest compared to saving.
You can set aside an amount every month (when you get salary) for emergencies and through this future needs can be solved. Regardless of your medical or natural problems. Divide it in the form of a percentage of your extra monthly sum (after daily needs)so that you can oblige. This amount should cover 3-6 months of household expenses so that future investment funds are protected. Your investment success is related to your proper planning. However, this method of buying or DCA is the beginning of a successful Bitcoin investment, especially for beginners. But if you have a relatively medium-sized investment, you should prepare an investment plan for emergency situations as well. And the investment must be long-term so that you can take your desired investment success.