Post
Topic
Board Beginners & Help
Re: Don't just start BTC investment because of what you heard do your own findings.
by
Zackz5000
on 27/02/2025, 04:17:09 UTC
If you are talking about the huge amount of money one can make through bitcoin investment please also talk about the sacrifices one has to make so you won't mislead people who don't have knowledge about Bitcoin investment, because accumulating and holding for some years is a sacrifice one has to make in other to succeed in Bitcoin investment.
This advice is not just valid in Bitcoin investment, all businesses need to be studied before investing. All businesses have intricacies and risk, therefore it is important to do an in depth studies to avoid mistakes. Those who want to make instant money from crypto industry should not consider investing in Bitcoin because they will be disappointed. Maybe they should consider ponzi scheme or buying pump and dump coins. And I hope they know the consequence of such highly risky investment.
When it come to bitcoin long term investment it doesn't require getting depth knowledge or going into deep research before starting up your bitcoin investment, it is simply to start bitcoin investment if you already have some basic knowledge concerning Bitcoin investment and you have your discretionary income which is your leftover income ready you can Start up immediately, for you can aswell figure out more things regarding bitcoin investment while you have already started accumulating Bitcoin because there is no you want to know more things concerning bitcoin investment without you not been in the market, waiting to get all knowledge first might lead to procastination or money meant for investment can be used for other things while waiting to find out more about Bitcoin before you start accumulating Bitcoin, the most important thing is to get started and figure other things along the process, with the DCA strategy you can start accumulating Bitcoin gradually either weekly or monthly as the case may be regardless of the price of Bitcoin and hodl .