Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
arwin100
on 24/05/2024, 08:20:52 UTC
Having a good knowledge when it comes to Bitcoin accumulation is actually good and nice . But  not accumulating due to the urge acquiring more knowledge is not actually nice , for instance most of us started our Bitcoin accumulating and holding while learning, and the funny thing is that we are still learning. So what am saying is that we don't have to wait till we have gotten some deep knowledge about Bitcoin before thinking of investing and all that. But one can just start accumulating without having the knowledge on how Bitcoin work and what's all about , and how to purchase and secure it , that's where having the basic knowledge first comes In .

And I believe that they are alot of folks here with that same mindset of wanting to gather some deep knowledge about Bitcoin before starting their Bitcoin investment journey, and most of them will only endup regretting not starting their accummulation and holding on time , Because the right thing to do is as one is accumulating more Bitcoin, as same time he or she should focus on learning too.

Things you don't need to overlook before going to bitcoin investment is have acquired the knowledge first, when you are curious to accumulate bitcoin, theirs is possibilities that after accumulating your bitcoin the price might neither crash or not, that is while you need to have standard knowledge of bitcoin before you think of accumulating of bitcoin, some persons seems how skyrocket the price of bitcoin is moving now and that prompt them to think that investing in Bitcoin is the right option...bitcoin investment is not the way someone can get rich and when you are investing In Bitcoin you have to calm down and study well, many people come up with bad idea in bitcoin due lost they experience after been lose in bitcoin investment neither short-term or long-term investment.


The problem with other investor especially to those new in the industry is they only know the word hodl if they see bitcoin going into bull run condition but once everything is in bad condition like a bearish market condition will occur they easily fade out and think about not having bitcoin since they fear to lose there money.

That's why its important to learn a lot of things before taking a decision to push what they like since there are lots of challenges will happen and they need to sort that so they will not do a bad decision that could potentially cost them a lot of money.
Although learning a lot and strengthen up our emotion can't be learn in short time but once we are consistent learning all those need to consider then for sure than we could provably became more better investor that can decide so well whatever the market is currently situation going on the market.  Also for sure with great knowledge they have they always think about going for long term and short term investment is just a bad idea to take for them.