Post
Topic
Board Speculation
Re: Patiently BTC investment is like the success of the test!
by
_BlackStar
on 16/02/2025, 22:53:44 UTC
-snip-
Every investment needs plan. If your accumulation plan is in 6 months or 1 year then you breakdown more simpler goals which i call them baby steps to achieve the main goal. The plan set is meant to help the investor work with a time frame based on our income. Although i am not in support with the idea of maximizing every dip. You dont need to buy on every dip, only some. This statement might pressure investors to use any amount they have to invest whenever the dip comes. My advice which is optional and not a financial advice is to buy only on dips that they know they are prepared on buying. You know the dip can come at any point in time of which at some point we wont be ready perhaps we might have bought the previous time we thought it has dipped so far.

If an investor need to build a system for money flow and not depend on one source they need time and space. So its either they stop their investment at some point and focus on getting the source. Its basically hard to keep investing and saving to get a business or another stream of income. Think about it.
You don't have to buy every dip with all your money - unless one day you find the price of bitcoin drops very deeply. There are several times when bitcoin are dumped between two different cycles - you can maximize the opportunity to buy with all the money you have, but still you should not neglect the plan to have at least a little cash reserve. There are times when the money you reserve is useful as an emergency fund - you can also make some adjustments to it if your investments don't go according to plan.