Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Princess Leah
on 07/03/2025, 01:38:17 UTC
⭐ Merited by JayJuanGee (1)

Believe it or not there is always step to Bitcoin investment that doesntt mean you have to have all the knowledge in the world before starting the investment. Depending on what he meant by step by step as for me i believe a lot of persons here will agree with me that as a beginner in Bitcoin investment or any other investment you need to know what that investment looks like and then know about security as well as risk management because no investment is risk free. These basic step need not to be avoided and it is not good to start your investment without knowing them. Any beginner who start their Bitcoin investment journey without having a clue of what it is will only end up doing things the wrong way. Some of them will be able to fix their mistake while most of them will lose all their money.

Whether Bitcoin or not it is wrong to start anything with no clue at all. Since investment is risky it becomes more risky to invest in something we know nothing about. Let us be honest, as a farmer you cannot know the right tool to take to the farm when you dont know the crop you are going to harvest. Same thing goes to Bitcoin investment you need to know what it is all about then kick start but that doest need to take forever. The basic of Bitcoin investment tis simple to comprehend.

What People don't understand is that they can't learn everything at once, it takes a gradual process to learn something then another and so on and on, so I don't know why they expect someone to know everything about Bitcoin investment before investing on it, you're really making sense Agbamoni, when you said they should take it step by step and that's just it, that why Jay advised that one just needs to know the basics before starting and if you think about it, it makes lots of sense and anyone who thinks otherwise should go on and keeps studying, they should take their time to watch tutorials on YouTube and learn from wherever they want while serious people are staking their portfolio on different intervals.

 Bitcoin investment is not some college degree that requires one to move from one level to another, so far you know the basics, then have money for investment and have made up your mind to invest long-term, maintain discipline and be patient concerning your investment then you're good to go, other things would fall in place cause the longer you keep investing the more things you get to know and understand about Bitcoin investment and that's just it. It's even better for one to put it to practice by starting their investment journey already than take all the time meant for investment to keep learning without practicing, you'll be watching Bitcoin grow higher, and miss the opportunity to buy cheaper while people with little knowledge are staking and building their portfolio for the future.