Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
wmaurik
on 23/05/2024, 15:37:44 UTC
⭐ Merited by JayJuanGee (1)
Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount... 
Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.
You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future. And you should also have the knowledge that bitcoin is not a quick-to-get-rich thing so that you will know when it is suitable for you to start your bitcoin investment. Also, you should know how to protect your bitcoin wallet private key from people so that you will not lose your bitcoin and also know how to keep it safe.

What I'm wondering is who you are suggesting this to, because I don't think @JayJuanGee knows about it, and neither does @rachael9385. I am quite sure that these two people must already know very well about Bitcoin and are also very solid in their knowledge of Bitcoin so that it will not be so difficult for them to make an investment in Bitcoin because they definitely know how to use funds for Bitcoin. Moreover, if the reserve funds you are referring to can only be relied on for three months, at least it will not be enough for investors who have the aim of long-term investment in Bitcoin.

Because for an investor who has a strong desire to be able to invest in Bitcoin, he will definitely look for a way to do this without interfering with his own activities in life. Because this difficulty usually occurs for those who are lazy and don't want to look for ways to invest in Bitcoin or for those who still don't believe in Bitcoin at this time and forever.