Post
Topic
Board Speculation
Re: Buy every dip!
by
Barikui1
on 20/01/2025, 04:32:26 UTC
Of course many of use here do not really know the value of bitcoin and perhaps it's find it very difficult to know bitcoin well enough including you !ginsan) I don't think the word believe should be appropriate for us when we talk of bitcoin as we already know it's worth and value so saying you believe means bitcoin is not truly a valuable asset.

IMHO, I think you should know by now that bitcoin is truly a valuable asset.

A new investor believes that when he wants to invest in Bitcoin, he believes that he has invested in Bitcoin based on the information he has learned about it. I never consider myself an expert because I have been investing in Bitcoin since mid-2022 and until now I have been investing more on the Bitcoin I have accumulated, because I believe that the knowledge I have gained is enough for me. And I will be accumulating more Bitcoin in the future, but I do not think it is safe to give a screenshot of the wallet, which is why I kept it secret.
 A person is able to invest in Bitcoin only when he has the ability to trust and take risks, because the sooner he invests in Bitcoin, the more suitable it is for him. The value of Bitcoin is increasing as time goes by, that is why the DCA method is suitable for all people, from ordinary holders to high holders.

If an investor gets a rough idea about investment and after getting a rough idea if he adopts DCA investment strategy in investing then I think he will be successful by investing in this strategy if he can hold his investment for a long time. Those who have invested and traded can tell you that investing is much easier than trading. In the case of trading, different pressures always work on a trader. Because a trader has to keep an eye on the market all the time and notice when the price of any coin is decreasing or when the candles are strong or weak in the market of any coin. And after noticing these issues, all those traders have to trade.  

Investors usually don't have to take all these pressures in terms of investment because the investor who invests in DCA investment method does not have to read the market chart every time separately. Maybe the initial part of investment is a little difficult for every investor because at that time he is not used to investment but when he dares to invest then that fear no longer works in him.
When looking at both of traders and investors, I wonder why most people would just choose a difficult path of an easy part, and the funny thing there is that, trading have no significant changes on your finances status, it's just for minimal gains that will just improve your life for the time being, if you don't lose all your money in the process, but in the case of investing in Bitcoin, it's just like and easy ride to greatness because even a newbie investors can buy Bitcoin with any accumulating strategy of it choice, once he or she is able to acquire a very good stash of it, his duty is to hold for a very long period of time, and all the requirement needed to achieve that is to have a reliable source of income and an emergency funds set aside so as to be able to withstand any emergencies that may arise in the future without you dipping hands into your holds.

And take note of one thing, investment in Bitcoin can change your financial status forever ever if you can accumulate a huge stash of it  and hold resiliently for like 10 to 20 years time from now, so it's actually stupid and fruitless reading the chart all day all in the name of trading, that wouldn't change much of your financial capabilities.