Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Ryu_Ar1
on 18/12/2024, 19:23:34 UTC
⭐ Merited by JayJuanGee (1)
Out of context but I did want to share it when I asked in the new AI feature on social media that I use it turns out the answer is quite interesting Smiley


Not bad.

2 and 5 are problematic in the optimal strategies, since 2 might lead newbies into thinking that investing into shitcoins is a good idea, when it is not and there is likely no need for a newbie to diversify beyond bitcoin and cash in the beginning, and perhaps several years later diversification might start to become more relevant.. and in regards, to 5, many investment advisors (if you can find one to advise you for free outside of this thread/forum.. not that we are giving investment advice here) don't know shit about bitcoin and are likely to refer you into inferior products, such as ETFs (so they can make a management fee) but still not bad overall from the AI output as a starting point, yet guys also have to figure out their cashflow management and figure how much they are able to invest without investing beyond their discretionary income. .which  maybe also accounting for the 9 individual factors that I account for in my earlier post...

I agree about this because in the end diversification will only make the situation less optimal if it is done especially for beginners who are still sometimes confused because they are still minimal with what is done in terms of experience and knowledge so that instead of fumbling with many branches it will be more worth it with just one branch, if the focus is bitcoin then obviously bitcoin first which is still possible to do while learning it. I also questioned that with this new feature and the answer was not too bad for me for an AI answer class.



For the advisory issue actually sometimes this is adjusting for me because even though all choices are back to each person but I think when we have found a forum that is really decent enough like this forum and this thread of course then we actually don't need to think about finding a mentor because we can finally discuss freely and sometimes there are people who can explain better than mentors in this forum.

Back to the original topic regardless, actually looking at some of my initial random questions to AI yesterday is actually quite similar to the discussion here because in the end DCA and the vulnerable time discussed are enough to make me satisfied with the answer.