Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Hardyrobust
on 05/11/2024, 19:47:02 UTC
I am wondering in terms of your point how an investor would be harmed by observing the market itself. See, those who sell their investments because of the slightest change in the market were never investors. Because a successful and experienced investor will never sell his investment because of a slight change in the market. Investors and long-term investors may be aware of market volatility.

I agree that because investors have become used to the volatile market price, they would never sell out their investment at the first sign of even small changes in the market. Individuals who will always be watching the market price, in my opinion, are the ones who are unfamiliar with it. An experienced investor who has made a long-term investment, on the other hand, doesn't keep an eye on the market and keeps adding to their holdings because they believe it will benefit them.

I know so many people are eager to start their bitcoin investment, but don't get me wrong, bitcoin investment is not something someone should rush into or make sacrifices to start because the person might fail with his bitcoin investment. If you are struggling to sort out your daily expenses, you are not ready to start a bitcoin investment, and don't try to make sacrifices by depriving yourself of some basic needs in your life just to invest in bitcoin.

I want you to understand that everything is possible, you must have belief in yourself and begin somewhere. Many successful Bitcoin investors began somewhere, not everyone begins their investment path with a steady life. Even people who are having trouble managing what they spend every day can still invest, but they should remember that the money they are investing is for the future and that they may lose it if they decide to sell it.
It is not possible for such people to invest in bitcoin even if they happens to invest they Will end up trading there btc before the expected time before we talk of investing in bitcoin we must have a stable source of income which can be able to cover all our expenses , also an emergency fund and some discretion to invest in btc.so it will be unwise to use your emergency fund or money for family expenses such as food , shelter and them invest in bitcoin or even to borrow money to start your bitcoin investment.