Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Justbillywitt
on 11/09/2024, 15:11:44 UTC
⭐ Merited by JayJuanGee (1)
Bitcoin is easy to understand, a beginner does not need in-depth knowledge nd understanding of Bitcoin.

"I think that it is important to point out that no one is really rejecting the idea of having knowledge or even suggesting or promoting the idea of ignorance"
 These were the exact words @JayjuanGee used when he was addressing similar post as this your statement here in this thread last week. And I think there is enough sense in what he was saying. In as much as some newbie can make his first investment in bitcoin without having adequate knowledge in bitcoin, does not mean that such investor should stand on his ignorance and make it look like it is the right thing to do. To successfully hold his investment, there are things he needs to figure out immediately before making his subsequent investments, especially if he is buying through DCA. Knowing his disposable income and and separating it from his reserve, emergency funds and daily expenditures funds are very important thing he need to figure out. These things forms part of the in dept knowledge that an investor need to have and they are crucial to the investor.