Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
DubemIfedigbo001
on 16/05/2024, 10:51:18 UTC
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.
If your finances are low, means you're struggling already to meet your needs and I think the first swipe you should have in bitcoin investment is working on increasing your income before actually investing. Its very important to fuel consistency in your investing journey rather than having to strangle yourself regularly to make investments, if you make investments that leaves you vulnerable, then your vulnerability might consume your investing in no distant time.

Its very practicable to go the extra mile to be able to invest such as taking up an extra job with the sole purpose of utilizing the dividends from the new job or hustle to invest in bitcoin while living your normal live with your first job. That's where the determination is fully activated because there's separation of concerns and you know now that you've to put in extra efforts to raise more money to remain consistent in your bitcoin acquisition rather than suffering yourself by cutting down fats on an already slim income.