Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Samlucky O
on 25/11/2024, 03:49:50 UTC
Snip
After listening to you I can convince myself to invest in Bitcoin again. Although I have little knowledge about Bitcoin and I think this knowledge is not enough yet. I have invested very little in Bitcoin, which has given me a good profit. But now that the price of Bitcoin has increased, I am getting more and more worried about investing or to be honest, I am a little afraid. Because I am a child of a middle-class family and I have to think very carefully about what I have to do.
However I think I want to use some of my money to invest in Bitcoin for at least another year. If I could get some more advice from you on how wise it would be, I would be very benefited from my heart. Because my Bitcoin journey is very difficult and ignores family opinions.
Having good intentions of investing in bitcoin is good but considering the fact that you are a child of middle -class still being taken care of by your parents, and you bearly recieve money or need permission from yours parent before you can do whatever, I would not advise you to invest right now. You should be capable of taken care of yourself and be in situation where you can be in-charge of all your financial decisions. So you need to have something doing either working and getting paid or if you are skilled you open a small place of work to be buying or selling/rendering services and getting paid then you can be able to invest in bitcoin. But at this stage of your life, if you invest bitcoin while under your parents custody and you left as results of staying alone, surely you will sell your bitcoin too quickly without meeting up your target.