Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Tmoonz
on 18/10/2024, 13:31:16 UTC
The First bitcoin investment in my life.



I started the first investment of my life today, it's a new experience for me. Although it is much less in amount, but I will continue it regularly, and thus hopefully one day my portfolio will be much bigger. I have high hopes for Bitcoin's potential and its future. So I will now convert this investment into a long term plan and invest regularly on a monthly basis. I have learned about DCA, and I am proceeding through this DCA from now on. For newbies like me, I say, research properly and keep yourself updated and go ahead with a long term plan with faith in Bitcoin, hope everyone can succeed in this journey one day.


Plus ser, another additional shower thought.

I posted that you, as a newbie, will ABSOLUTELY be persuaded to buy a shitcoin, and if they prevail after resisting them with EVERY PART of your will, then buy the shitcoin inscribed or etched in the Bitcoin blockchain - Runes or BRC-20.

¯\_(ツ)_/¯

Because at the very minimum, we probably should own those assets that are in the superior blockchain with the least technical debt - Bitcoin.
Runes and Brc-20 are under the Bitcoin blockchain still it doens gurnattee that these shitcoins will be successful if Bitcoin do. The little advantage they have over other shitcoins is that the blockchain which they are under is more reliable and works better compared to other blockchains. Although shitcoins are still shitcoins not minding which blockchain its under. As long as its not Bitcoin i cant completely accept it as an asset which great value like Bitcoin.

I must say that Identifying Bitcoin first is mostly a good thing to do for anyone coming into the space, in as much as am not encouraging anyone to get involved with shitcoins irrespective of the blockchain it's under, a newbie that is very early in his Bitcoin accumulation journey shouldn't have any consideration of getting involved with shitcoins but should rather focus on increasing his Bitcoin size towards accomplishment. But however, if the temptation becomes so irresistible it is always advisable not to do more than 10 percent size of your Bitcoin in other coins, and on important validation imperatively, the advise is not for a newbie that are still very early.