Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 18/07/2024, 18:57:31 UTC
Don't misunderstand me, I didn't say an investor should not have knowledge of investment while starting but what am implying is that a beginner don't need to get all the necessary knowledge before making investments but after he must have made his investments then he can still get the right knowledge and the right approach to follow up his investments so by that time he has already invested. When I say accumulating stages am still talking about the periods of his investments so don't get it twisted. Normally, any investor must have a literal knowledge and understanding about the investment they want to venture into but more knowledge will be required when investment has been made already.

Of course they need to know the basics before they decide on their goal of investing in bitcoin. It's not just a matter of understanding that must be learned, but novice investors must also be able to strengthen themselves in several criteria, such as the mentality to be ready to face various obstacles in their investment journey. New investors certainly have a lot to learn, of course, in how they accumulate bitcoins and they also have to withdraw their bitcoins from the exchange because incidents like this have claimed many victims because they put their assets on the exchange.

Apart from that, I also agree with your opinion that novice investors will learn about Bitcoin simultaneously with the investment they make. There are many stages to becoming a true holder in long-term investments and I think it must be within them if they are targeting long-term investments.