Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Salahmu
on 15/05/2024, 21:15:46 UTC
⭐ Merited by fillippone (1)
Why think about investing if the finance is still unstable this will be a problem in the middle of the road and until whenever your investment will not run smoothly, but it is true that when they have earned additional income or a sufficient monthly salary then they can set aside to invest in bitcoin.

Actually one thing you should know about Bitcoin investment is that if you should wait till you get the amount of money you want in your bank account before investing you could end up not investing at all because the more you are waiting to get rich first that's actually the more expenses are compounding, although I no that you have your own decision to make but waiting to be completely financially stable could possibly take you a very long time before you can start accumulating Bitcoin.

You don't have to get huge amount of money before you can start investing on Bitcoin, however is not like everyone who are into Bitcoin now have a bank stored with huge amount of money but instead they started from somewhere and before they realize they had already gotten a good amount of Bitcoin on their portfolio, so I would advised you start from little through the use of DCA strategy and with time and consistency you could be surprised with how far you will go on your investment.

A far journey start with a step. So it is in investing not just investing also starting a business of your own. In as much as, one can start little the little must be maintained overtime, not exhausting and suitable to the individual.

You are getting it all wrong like I already mentioned you don't really need to have a bag full of money before you will realize that you are financially enough to start accumulating Bitcoin, actually everything is all about planning and determination because if you are really determine to start investing on Bitcoin even when you are not financially stable you can still meet up accumulating either on a weekly or monthly basis and still remain sustainable.

The reason why I'm saying this is because I know of a friend who started accumulation Bitcoin when he doesn't have any steady source of income but with the little that was coming up he was able to strategize himself in such a way that he will be accumulating as little as he can afford on weekly basis and over time he could not believe the amount of Bitcoin he had already accumulated, so actually is only those who are not ready to invest that always want to wait till they get rich before they will be convinced to start accumulating Bitcoin.