Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Kliss
on 25/07/2024, 11:49:57 UTC
Of course, to invest, you need sufficient knowledge because if you lack knowledge, the investment you make may lead to more losses. Of course, everyone doesn't want to experience losses, so if you really want to invest, you must have sufficient and good knowledge first. I myself am looking for learning. Just from this thread I think I can take some lessons from the many comments there are. Even though we may occasionally have to be brave enough to take risks, if there is a lesson that can be understood to minimize the risk then it is better to learn it, after all it won't result in a loss either.

Restraining myself is not an easy thing, I still can't control my patience very well, I'm still preparing myself to be more ready to do everything.
Understand the difference between basic and sufficient knowledge. Basic knowledge refers to the foundational understanding needed to start investing while sufficient knowledge is a deeper level of understanding that allows for more advance and strategic investment decisions. Beginners or newbies can start bitcoin investment with basical knowledge, with time your knowledge advance further in your investment journey.

Patience is a virtue when it comes to successful long-term holding, investing in Bitcoin (long-term holding) you have to discipline yourself to be very patient to succeed in your investment. It's a long-term process that rquires investors to be patient, When patient become challenging invest amount that you are comfortable with and can afford to loose only and also focus on the long long-term aim during market fluctuations and  believe in the unique qualities and potential of Bitcoin.