Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ultrloa
on 12/12/2024, 08:56:57 UTC
Financial buoyancy doesn't mean one is ready yet for investment. However, it is more a criterion to being any investment which is having the capital yet and stability to invest in the long term. Just because someone has the money doesn’t mean they should invest without a plan. A person should assess their goals, financial obligations, and overall strategy before investing in Bitcoin. Most persons who started investing a long time ago and held till this current ATH. It was not all about the finance alone but the goals they set for long term.
Financially stable people will easily make any investment plan including the strategy he plans in investing in bitcoin so it will be easy for those who are desired when they have a stable cash flow.

I believe when they have stable finances they will think about investing for the long term, they already have reserve funds so investing in long goals makes them confident in the future, especially by buying consistently all the time then the travel time he lives with long will not have obstacles because finances are quite stable.
For those who have a good stable cash flow and always keep "emergency fund, reserve fund" ready, it is easier to set the goal of long-term holding. Because if stable cash flow and reserve fund are ready, it will give you a different confidence, because at that time you will be ready to face all obstacles.
And in the case of investing in Bitcoin, real success cannot be achieved without long-term holding, because Bitcoin is a long-term potential asset, so those who have stable cash flow should invest in Bitcoin using DCA, and decide to hold for more than 10 years.
If the financial situation is stable, their investment can be maintained for a long time without any obstacles, and much good success can be achieved in the future.

Exactly since confidence level is really different if they are not prepared. Since usually people only have limited funds usually are the one who's easily to get affected with bearish trend comes and it may result to losing their funds especially if they can't decide well correctly especially if they can't afford to lose the money they put on Bitcoin.

Compare to those people who's prepared financially they could just let those balances stuck in their wallet then continue to stick with their plans since they have stable cash flow that can save them up in any instances that might happen to the market. That's why aside for learning good information about Bitcoin the investor should pay attention on how they can make their self financially stable. That's why people should come up here prepared for everything since they are dealing for long term and we need to consider the worst knowing market is so volatile.