Re: Buy the DIP, and HODL!

You can buy BTC all the time when you are financially buoyant, don't forget that all investors are not equal in this industry, and it will be favourable to buy BTC in the bear run because there is a chance for investors to boost their profits in the bull season.

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.

One thing you must know is that bitcoin investment is not like other investments. Bitcoin investment is simple to start and doesn't require so much planning to start. Once you are financially okay, you are in a good position to start your bitcoin investment because you are certain of a good discretionary income that will allow you to invest in bitcoin comfortably and still sort out your daily expenses any time they arise without finding it difficult to do, which will allow you to hold your bitcoin investment for a very long time. As you are in your accumulation journey, you can plan how much of your discretionary income will be used in accumulating bitcoin, how many bitcoin you want to accumulate, and how many years you want to hold your bitcoin.

Journey of a thousands miles begins with a step, any one new to Bitcoin must get the fucking started which is the primary assignment and basics every other things can be figured out down the road, first thing is to believe that Bitcoin is a coin that is worth investing, understand your income flow as well as your disposable income within your reach and invest with as little as you can either weekly or monthly, this is where the dca will always come in because different people have different financial differences and it is advisable to recognize your financial level and stay within it in terms of accumulating your Bitcoin because it is not a competition.

Exactly, the starting point is the main thing in this bitcoin investment. There are people who has the money to start but they do not understand or will i say they do not know the worth of bitcoin or perhaps what bitcoin is going to look like in years to come that is why they have not started but the earlier they realize this the better for them. there are also people who understand and know the potentials of bitcoin but circumstance has made them look like they do not..., you are absolutely right when you said bitcoin is not a competition because the reason why some investors today sell their coin when it is not yet due for... or why some people panic is because they take this investment as a competition, they try to hold more than their friends, brothers, sisters etc and at the end of the day they end up not even having a piece of it and some investors put themselves into unnecessary pressure because of this which means lack of understanding and selfishness.