Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 22/01/2025, 21:22:56 UTC
I agree with your. I prefer long-term planning with Bitcoin, so from my point of view it becomes a bit difficult for poor people to invest long-term, because they don't have enough money to invest.  However, it is more important for poor people to have an emergency fund than for rich people, as their income is less stable and unexpected expenses can further damage their finances.  If a poor person wants to invest in Bitcoin, he must have an emergency fund because his long-term investment can solve the problem from the emergency fund in case of financial problems, that's why basically every person needs an emergency fund.
You call it poor people fail to invest for the long term, of course that doesn't make sense, my friend.

Not a group that can be mentioned in your explanation, poor people and rich people are the same if they want to implement long-term investment, they can definitely do it as long as they are willing to hold.

I think there are no types of investors, whether rich or poor, they are still called investors. To start investing, we only need a regular income that we get from our jobs, the remaining or discretionary income will determine our investment, meaning if discretionary income can be used for investment, then the investor is wise in thinking, but if someone uses discretionary income to gamble, splurge, then he will not be able to change his fate in the future.

Likewise in bitcoin investment, investors only need careful planning that they can carry out in the early stages of purchase until they reach the final stage of purchase. How investors only need patience in investing in bitcoin because it is impossible for us to get rich as quickly as possible without the efforts we have made.

Therefore, trust your own decisions, use your income to invest because life requires savings or deposits, so a better savings is of course to have Bitcoin in our portfolio.