Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Btcdeybodi
on 24/05/2024, 01:57:34 UTC
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.
Investing in Bitcoin has gone beyond answering the question when to invest or accumulate, the logic has been that invest when the money is readily available, any time you accumulate is good if the intention is to hold, with dca strategy you will have no business considering when to accumulate as you will be making purchases on regular intervals irrespective of the price point either weekly or monthly, you don't need much of this wisdom or knowledge to accumulate Bitcoin, figure out the level of your disposable and get the fucking started.

[/quote] most beginners do feel that it is already late to invest in Bitcoin now since the price has gotten so huge but most of the things that causes fear in these set of people is just lack of understanding to know how the market works and they make too much assumptions all the time without making research to be able to know the right strategy to follow for them to become successful like others that have hodl for a long time now, you can't just be making exaggeration without making plans on how to start your investment.
                  Bitcoin is a digital asset that has gone above mere speculation so why making speculations, mapping out plans on how to go about your investment will help you to project your investment to a good extent. Unfortunately, some beginners have not even been able to understand that even if Bitcoin decreases that the amount of Bitcoin the bought will remain the same as it is but as the price increases the value also also increases. It is always difficult to start up an investment but as soon as you are able to conquer fear and anxiety and make a solid step to invest and as you have invested and be applying different strategies at every point of your investment in Bitcoin that is how your understanding expands more on how your investments can appreciate as time goes on.