Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
sotelorene
on 06/12/2024, 07:47:28 UTC
⭐ Merited by Stablexcoin (1)
Investing in bitcoin aggressively and investing in bitcoin under pressure are not the same thing. Investing in bitcoin under pressure is when you don't want to invest in bitcoin in the first place, but you are being forced to do that, and if you fail to invest in bitcoin, you will pay a fine. Investing in bitcoin aggressively is when you use a high amount of money to invest in bitcoin on a weekly or monthly basis, which will not stop you from sorting out your daily expenses just like what Tmoonz told you earlier, or you can invest aggressively in bitcoin when you receive a bonus at the place of your work; you can decide to lump sum in bitcoin with the bonus money since it is not allocated to sort out your daily expenses.
I would advice not to invest in Bitcoin or any other investments when you're under pressure. I am an investor and does it aggressively because it forces me to do what's best based on my situation and how I think by doing the decisions and taking actions. But if someone is in the shoe of investing in a pressured manner, I don't think that's right. We tend to tell that one should invest only what they can afford to lose so, they won't have any pressure at all. And someone who does that might be forced to sell when they've done it under pressure as that's the only money they have upon buying Bitcoin. We invest freely and without having some heavy thoughts and hearts by doing it. That's how everyone should invest to be able to hold for the longer term.


Exactly, this is the mistake some people make in this investment, some think once they invest in Bitcoin all their problem is settled I mean some people think that if they invest now they are going to make profit in a twinkling of eye and some feel that if they don't invest now they can not be able to invest again thereby investing even when they are on pressure, not financially stable to manage their investment properly of course this kind of investment will not and can never last because one is not ready for it though one can not be fully ready or prepared to invest in Bitcoin but one ought to have the ability of budgeting and taking control on how to make things work right. Note: Never do anything under pressure because you will not do the thing well perhaps that is the mistake I am talking about and this could bring about frustration and regretion.