Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dailyscript
on 25/07/2024, 22:36:56 UTC
We should always keep our goals high and never get discouraged. Maybe before starting investment we can think that if I invest 20 dollars every week or 50 dollars every month then my investment amount will not be much at the end of the year. I would say to all these investors that no amount of investment is small. If you can invest 50 dollars every month then at the end of the year your investment amount will be 600 dollars and if you keep this investment for five years or seven years then calculate once how much your total investment amount will be at the end of these five years or seven years. We always have to think big and plan accordingly and try to execute the plan. There may be many hurdles in long term investing but those who overcome those hurdles and maintain their investment consistency are the true investors.
I agree with you. There has never been a point where x amount invested in Bitcoin is pointless. Whether $10, $100, or even thousands of dollars invested all still counts. It is a game of accumulation. No successful investor was able to achieve a good portfolio by buying Bitcoin once. And most of them did not start buying with a huge amount. They started with whatever they had then and now their portfolio looks good for the long term.

Any amount is ok as long as you purchase in such a way that network or gas fees are cheap and enough to cover your expenses. We should not compare one step to another man's step. The financial capabilities are different yet it shouldn't be an excuse that one should fantasize about buying Bitcoin and not doing that at the end.