Re: Buy the DIP, and HODL!

I'm not sure why qurbanshah02 is suggesting other things when there's nothing in this topic that compares Bitcoin to other investments. I see he is not new to this thread; perhaps his mind was not here while saying that, and on this thread, we talk about the way to concentrate on our accumulation, we aren't concerned if other coins do well in the future, we just concentrate on our holdings and believe in Bitcoin because it has been successful for many years.

Many people believe that other coins will perform the same as Bitcoin, however, at this time and in the near future, an investor will choose Bitcoin over other coins. Bitcoin investing is risky, but our chances of losing money are smaller than some newbies believe. Nobody wants to lose money while investing, which is why it is best to focus on Bitcoin accumulation utilizing the DCA methods to prevent any stories of losing money when investing in areas aside from Bitcoin.

I totally agree with what you said I was just responding to someone who talked about spend money on bitcoin which led to the talk of investing in bitcoin. And anyway I'm new to this thread that why I talked about trading. I also say that bitcoin is a success coin and nothing else is as hard and successful as it. But I talked about other coins because it also mentioned poverty and the poor can't afford Bitcoin that why I said there is no coin that can succeed like Bitcoin. If possible the poor can invest their money there. Although you can invest money in Bitcoin you also know that the poor do not have enough money to buy even half a Bitcoin.

Bitcoin investment is not only for the rich both parties (rich/poor) can invest in bitcoin their difference lies in their discretionary income the rich will have a higher discretionary income more then the poor and this will make the Rich to accumulate more Bitcoin than then the poor

I agree with you that the difference between the rich and the poor is the level of their discretion fund, but the aspect of saying that "the rich will accumulate more than the poor", is totally wrong. The rich having a more privilege of higher discretion does give them liberty to accumulate more than the poor. There are situation where the rich will have a higher discretion but his investment strategy is whimpy than the poor. Let say a rich person has a discretion amount of $50k and be investing $20 through DCA every week and a poor guy who has $3k in his discretion may be investing $50 per week and may still have a job that will be paying him $1k every month. So both has a big distance of discretion and may equally have a paying job but the investment capacity of both are not thesame in the sense that the poor even have more stake in his investment. So in this case the rich guy has an advantage in discretion but not able to invest in accordance with his fund, so invariably the poor guy will accumulate more than him in the space of time. So the impression I wan to correct is that being a rich guy and having a huge discretion doesn't mean such person must invest more than the poor. Investment in Bitcoin is done in a way we can invest comfortably without being affected and this is done individually and indepently without consedering class of rich and poor.

There is no way a poor bitcoin investor will accumulate more bitcoin more than the rich bitcoin investor the rich folk might decide to invest aggressively in such a way that it won't even affect his personal living or needs, he might also even choose to be using the lump sum strategy to accumulate at times and still continuously using the DCA strategy unless in a case where by the rich guy is just trading and not investing and the poor guy is continually using the DCA strategy and hold for long probably 10 years and more then I will agree with you if not such case I believe am still right about my word you bolded.