Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 20/10/2024, 17:35:04 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.

Buddy I congratulate you for this bold step you took to start this journey, the amount you started with is not a problem to me because I believe you started with the amount you can afford and what matters is consistency, you might start little today but overtime your consistency will determine what your portfolio will look like in the future, atleast you were able to overcome procrastination which is a dream killer, am very happy that you found Bitcoin worthy of your investment and deem it necessary to be part of the best digital asset.
Am impressed that you have already chosen a long-term goal which means you are really out for the said business, you have really done well for yourself, it is really a good thing to have a newbie like you to talk about DCA method of Bitcoin investment in this manner, with what you have said so far I believe that you understand how to go about your Bitcoin investment on weekly and monthly basis which you have stated already that sound very great, I wish you well in this journey.

I love your advise to your fellow newbies but you must know that as you have embark on this journey, having known that it's a long-term investment, you need not to allow anything to hinder you from continuing or stopping this journey halfway, am happy that you mentioned DCA method which allows everyone to run this investment slow and steady though it does not prevent you from buying in lump sum if you have lump amount ready to buy, the DCA method keeps your investment going gradually as it fits yours pocket and make you relevant in the system without any hindrance, i hope to see you continue in this way in other to have a bulky porfolio and hodl for a long-term.