Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 15/05/2024, 20:54:25 UTC
Many of us likely recognize a certain amount of temptation that comes to people with low finances to figure out other ways to earn money, so I don't necessarily want to discourage that, so there could be some possibilities in which some folks will end up resorting to trading/gambling/shitcoins when they might not have job and/or employment opportunities, and it might not even be clear if those are the better choices since it tends to be quite difficult to build wealth from trading rather than figuring out more traditional ways to try to earn a somewhat steady income when it might be possible to find ways to accomplish that.
I think it's quite natural for someone to want to become rich in an instant but that's unlikely to happen.
Those who have low finances must be able to save on their living expenses in the next 2 or 5 years. In the sense that the save are made only to invest in bitcoin and that is one way for them to build a path to achieve success or change their lives in the next few years.

There is no quick process to become rich, of course everything takes time, be it 5 years or 20 years and it all depends on their desire to change their fate in the future.

In investing in bitcoin there is pressure to be successful because without pressure we will not focus on our goals. By pressure, I mean we have to be able to buy regularly every week, whether it's $10 or depending on the finances they have. Because I saw in a previous post that in Africa many companies pay employees $50 per month, so it all depends on their financial ability to invest either $10 per month or per week.