Post
Topic
Board Beginners & Help
Re: My decision on bitcoin
by
mvdheuvel1983
on 01/05/2024, 15:58:35 UTC
I recently created a post asking if I should buy bitcoin now or wait for the dip, and majority of the response I got from the post, advised that I should buy now rather than waiting for the dip due to its volatile nature, and I'm satisfied with this response and I'm willing to bear the risk.
Reason for all these questioning, I have a dream of becoming a long term bitcoin holder but, dreams aren't achieved with words alone, an action is needed for the start up, so I have decided to sell one of my less used phone for the purpose of buying bitcoin.
I'm really eager to purchase my first bitcoin in satoshi.

As you have decided to sell you phone to achieve this, I will tell you that once you finally sell your phone, just do the needful by immediately purchasing what triggered you to sell your phone because money is not friendly to us, once we have money in our possession if we don't make use of it at once for the purpose we may end up using it for something that we will regret later.
There is no specific period that an investor is advised to invest, some people will say buy when the price dips but the truth is if you wait, the time may come when you don't longer have the funds to invest and again no one can confidently predict the exact price of Bitcoin at anytime and be sure of it that's a no no, so invest now and keep your portfolio safe.