Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Zackz5000
on 08/09/2024, 04:41:04 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.

Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing.
Acquiring enough knowledge before Investing into Bitcoin may lead to delay in accumulating Bitcoin the time you will use in acquiring enough would have been an opportunity to accumulate enough Bitcoin you can get fucky started now and acquired more about Bitcoin investment when you are already into Bitcoin investment waiting to acquire enough knowledge may also lead to procastination so I think the best is not to wait to learn more or know more about Bitcoin before venturing into it but to get started and figure out more about Bitcoin when you are into it because delay in Bitcoin accumulation maybe very dangerous so it is better you get started now and start accumulating more Bitcoin for there is not time to be waiting to acquire enough knowledge before going into Bitcoin investment.