Re: Buy the DIP, and HODL!

Most newbies don’t really have proper knowledge about bitcoin before they jump into it which is very wrong, that’s why they mostly lose, and some scammers brainwash them because they can easily be scammed. We shouldn’t be in a rush to invest in bitcoin, we should rather be in a rush to accumulate more knowledge, because if you are in a rush to invest, then you might end up losing at the end, which is equal to not investing at all, because what’s the point of investing if you still end up losing your investment?

Seeking knowledge before engaging in anything is very important so you get to know the in depth details of it and that way it will be difficult to get scammed. It is important to seek at least basic knowledge before investing and understanding how investments work but taking too long to invest could make someone miss out on certain opportunities of making some profit so since investing is not too risky and doesn’t really require doing any serious thing other than buying and holding I don’t think there is any reason to delay investing once you know how to manage and secure your wallet and have your investment plan setup. You can accumulate bitcoin and still improve your knowledge gradually just as everyone is doing here because there is no end to knowledge and there will always be new things to learn.

One beauty about bitcoin is that one don't need any complex or technical knowledge before investing in it. Like trading for instance one have to go through alot of searching and training learning all such way to run technical analysis. But bitcoin investing with the basic knowledge one is ready to start his bitcoin journey. Bitcoin investment ain't something one should approach with procastinating, because it may only lead to one missing alot of opportunities in bitcoin.

That's how good about bitcoin investment since all can able to do this and they just need knowledge about DCA or other strategy that can help them to proceed then succeed on their plans for long term on their investment. While in trading there are lots of stress they are going thru and there are huge chances for them to lose if they commit even single mistake on their trades.

That's why they should forget about anything thoughts about trading bitcoin especially if they easily got nervous on situations like if there's a fud spreading since usually that feeling will result them to dump their bitcoins then totally lose at that situation. Being smart on our money used for investment is always good since there's nothing to retrieve back if we are already losing our money so we should choose what's best to avoid committing expensive mistake.