Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Hoximen7
on 18/05/2024, 16:10:26 UTC
[

 Such strategy is more like a trading strategy with the aim of maximizing profits within a short period of time ( one year is such a short duration) A poor man must understand how much of his discretional or disposable income after taking care of his personal needs and a provisional emergency funds before he can invest in Bitcoin, for any one to invest you must have an income that is greater than your expenses in order to be able to invest and if you don't have such access then you are gambling rather investing. However one year could be a very short duration for any poor man accumulating Bitcoin true the dca to arrive at a good size of Bitcoin and as well ever considering seeing a profit within such a short period of time and that can be as well be seen as trading for short term profits rather than investing and could be a very wrong misleading approach, for Bitcoin is best performed when viewed on a long term perspective of about 4 to 10 years or more where you can possibly have the compounded value of your investment although there is no guarantee but let clarification be made as we are all here to learn form each other. And talking about profits in terms of 1 year investment can be very off topic let alone subjecting it to a poor man as the thread of discussion is based on a long term Bitcoin investment plan of about 4 to 10 years or more by utilizing various strategies and opportunities that that shows it's self in the market in order to accumulate a good size of Bitcoin up to a reasonable amount.
[/quote]Is there an opportunity for some of these poor people to invest? or maybe for some poor people it's just a dream if they want to invest in bitcoin. But in a dream there is hope and opportunity if they really want and try to try to invest with all the risks they take.