Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Samlucky O
on 23/05/2024, 15:42:23 UTC
Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.
Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.


Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
You wouldn't even say such word of being stupid to learn when the price of bitcoin is appreciating. Despite anything there is surely a need to learn before investing in bitcoin, just that you will only need to quick up the process by not over learning and not taken a bold step. There is a different between fast and slow learning process, some people may be fast to learn and start investing but some people are dem too lazy to learn even the simplest thing and may lost a reasonable amount why trying to invest so in as much as we are trying to invest in bitcoin we should start investing at the appropriate time when our brain is set to understand properly, hence no time is too late to invest because you might even delay to learn and Invest when the market is dip. so what am saying in essence is that investment shouldn't be in a hurry but should be done when a person is mentally and physically matured  and knowledgeable, and also having a regular inflow of cash in his reserved, otherwise they might make a silly mistake and see bitcoin as being scam

Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all :
Yes learning is a continuous process that we will get to know more as time goes on down to infinity, but I still maintain my stand that we shouldn't over look the beginning, because the beginning is the most difficult part of a new journey. Your positive and negative feelings is developed from the beginning. Some people who didn't do well in bitcoin investment was as a result of not well knowledgeable about bitcoin and what bitcoin entails, they rushed to invest Thinking it's a get rich quick scheme and after they invested and it didn't work that way they God disappointed and start looking for cheap shitcoin hoping for greater return as a form of short wealth expecially the newbies. So they need to be thought properly so that they will not rush in and rush out so quickly and see bitcoin as a slow way of achieving there goal.