Ninjastic
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Re: Buy Buy Buy or Sell Sell Sell?
by
Ruttoshi
on 16/10/2024, 16:30:10 UTC
Quote from: Onyeeze on Today at 03:19:22 PM
Quote from: Mayor of ogba on Today at 12:20:29 PM
Quote from: Pi-network314159 on October 13, 2024, 10:57:01 AM
If this proces is reapeted using $100 in replacement of $10 weekly as regard to fuck you status, the approximately $2500 will be $25000. Now obviously your success depends on your level of accumulation. Meaning the profit increase has not been added yet, if the profit should be added, it could amount to a Total of $30k or $35k
As far as bitcoin investment is concerned, every investor should invest in bitcoin according to how much their discretionary funds can allow them to invest in bitcoin. Even though we are investing in bitcoin, we ought to go on vacation, enjoy life, and learn about other people's way of life. Investors should not invest in bitcoin in a way that they will find it difficult to solve their daily expenses. If $10 is what he can afford to invest in bitcoin every week, encourage him to do better and don't condemn his effort in trying to be among those people who will hold bitcoin, and remember the goal of every investor accumulating bitcoin for long-term is to accumulate the quantity of bitcoin they want to hold no matter how many years it takes them to achieve it. As time goes on, he can work on his income so that there will be a good income flow at the end of every week or month, which will allow him to increase his weekly bitcoin accumulation money.
I was expecting you to say that every investor that is investing in Bitcoin to have a limitation of what the invest so that when the market is against there will not feel disappointed and they will not feel depressed because as a new someone for cryptocurrency investment mostly in Bitcoin you have to know that the risk which is involved in Bitcoin is much and they have to understand that Bitcoin have two things neither you make a profit for the investment or you lose for the investment this things are the major things that is involved in cryptocurrency investment so someone who is investing in Bitcoin so invest for what it can afford to lose not invest what it cannot afford to lose that should be the advice to anyone who is a beginner to bitcoin investment
This is the main reason why a new investor should only use part of his discretionary income that will not put stress on him to invest in bitcoin regularly with DCA method. Also the new investor needs to have a long-term committed mindset so that the price of bitcoin dipping wouldn't be his fear or concern but an opportunity for his to keep on buying consistently in order to increase and build hia bitcoin portfolio. It is only when you sell your bitcoin in rush that you will run at loss.

If you don't sell your bitcoin investment, when it is not of your will, you will not run at loss because 1btc=1btc. I think you have a trading mindset, instead of a long term investor.