Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Agbamoni
on 01/03/2025, 14:28:22 UTC
⭐ Merited by JayJuanGee (1)
Newbies need courage, but also they need to start, so if they are having dilemmas in regards to the various points that you are raising, then they still should start and adjust their position size to a smaller amount.

And, yeah, they might have to create a list and then figure out which parts of their list has higher priorities.

They are not sure if they believe in bitcoin as an investment or not as compared with other places that they could put value.
I believe not everyone knows a lot about economic to be able utilize the scale of preference rule. To becoming a good economist it takes years of study and perseverance. While reading through your response i come to the agreement that we dont need to be an economist to know what should be of priority. Adding to creating a list the next thing to do is to pros and cons to each item on the list. Then calculate the one with the highest score that is how we know which should come first.


if they choose to invest $10 per week while they are researching further into the matter, they still have to dedicate some time for figuring out from where they are going to source their coins. and other kinds of actions related to that.   They also have to make sure that $10 per week is a sufficient amount for them to get started.. so they might have to figure out some aspects of their own budget.

Maybe if they are choosing to invest $10 per week into bitcoin, then maybe they would also be able to figure out a way to dedicate a minimum of 2-4 hours per week studying things that are related to bitcoin.
Exactly what i had in mind. But dont you think they should invest using percentage of their discretionary income instead of investing with a particular amount in mind. So that when there income increases while they are still making further research they will choose if they want to decrease or increase the percentage in the long run. $10 should be a minimum amount to be use for their investment.