Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
GeorgeJohn
on 23/05/2024, 19:22:38 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.
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 .
Are you aware that anything that has to do with bitcoin investment you need to absolutely precaution to comprehend the effect after investing and before investment, someone who has not know the protocols of bitcoin can not quick to invest when it has not know the preamble of bitcoin investment, at least you observe the situation or the condition of the market before investment, so therefore learning and observation is one of the major thing someone who is new in cryptocurrency and also in bitcoin have to do, do not dispute a fact that bitcoin price is accelerating everyday and that will deprived someone who is new into the system not to gather more knowledge of bitcoin before investment, I think that fact is not acknowledge-able from my perspective.


I can see that you want to make me look like the bad one here so that you will be the good one. My suggestion was clearly for @rachael9385 because she said that people don't need any knowledge before they can start investing in bitcoin. Can someone who doesn't know anything about bitcoin start investing in it? The three months I mentioned for the reserve funds are the minimum months our reserve funds should serve us. You can keep reserve funds that will serve you for more than that if you are financially stable. I also want you to know that there's always room to rebuild your reserve funds so that it helps you accumulate the quantity of bitcoin you want and hold it until the expected year you want to sell your bitcoin

Well the thing is that , is not like they don't require any knowledge before  investing in Bitcoin. But having the basic knowledge of bitcoin one is good to go into investing in bitcoin without having any technical knowledge . All they just need is to have some good cashflow and some nice basic knowledge on how Bitcoin work. Just as time wait for no one that how the price movement wait for no one so if one decide to gather some deep knowledge and technical knowledge on how bitcoin before going into it , such individual will only endup missing out big time.

That's why is better to start accumulating, and as time goes on one can decide to focus on gaining more knowledge while he or she are  accumulating and holding . With such act the chances of them building a nice stash , is pretty high.
to invest in bitcoin can be achieve very faster, but you have to know the rules and conditions that governors the rules, waking up one or one night to invest in bitcoin good decisions, but as someone who wants to prosper in bitcoin investment you have to acquire the knowledge first, because its knowledge that matters most for bitcoin investment, when someone that have wisdom or knowledge is accumulating bitcoin is different from someone who don't know when to accumulate bitcoin is accumulating bitcoin, so try to get the knowledge first.