Ninjastic
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Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 05/09/2024, 20:23:22 UTC
Quote from: Mayor of ogba on Today at 07:48:43 PM
Quote from: As-Soon-As on Today at 03:38:21 PM
Quote from: sotelorene on September 04, 2024, 08:01:53 PM

I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it.  and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.

Before starting investment it is of course most important to gather knowledge about investment.
Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin.

Yeah knowledge play a vital role when it comes to bitcoin investment Still, but the main thing is how one use that knowledge or how that knowledge has made impact to one bitcoin accumulation, there still alot of folks despite how they have acquired alot of knowledge on how bitcoin work but still they can't use those knowledge to secure a better bitcoin investment. Like have seen the impact on my bitcoin investment due to the knowledge have gotten from this forum especially from this thread when it comes to long-term investment.

Well to be frank before one can start his bitcoin accumulation journey he or she needs to have the basic knowledge on how bitcoin work because no one can just woke and start buying bitcoin, nahhh doesn't work that way at first they have to learn how to purchase bitcoin by themselves through exchanges.  And don't forget as one is accumulating one should also  focus on gathering knowledge on how bitcoin works as an digital assets, and also as an investment ( hope you know that  bitcoin is  one of the best investments  Wink )