Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Popkon6
on 07/09/2024, 15:16:49 UTC

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.
Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you.



I think this can be confusing for newbies, as an uninitiated investor will never invest directly in Bitcoin. Because a person will be willing to invest only if he has the knowledge to invest in the beginning.
 And this will be the positive point for new and old investors to invest in DCA method.  Because both new and old investors can get success following this method, it is possible to invest in this method for a long time. But the more risk-taking capacity is created among investors, the more bitcoins they can hold in the long-term. 
Because the DCA method is the key to success in investing in Bitcoin, it is proven that those who have held Bitcoin in the past and up to the present time will only reap massive benefits in the current period.