Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
SuperBitMan
on 08/03/2025, 10:24:14 UTC
You can aswell get those proper knowledge when you have already started buying bitcoin because i believe you will know more when you are into proper with your little knowledge at first, bitcoin investment is not too hard to know as people may think first thing is to get started when your Discretionary income is ready to avoid procastinating while trying to gain proper knowledge.

It's not too hard, yet people may be inclined to drop their bags even if they see even a bit of red.

To avoid this, knowledge should be built up beforehand.
Building up bitcoin knowledge before you start investing in bitcoin will not even save you from not selling off your bitcoin portfolio if there's a dump in bitcoin price. Even old investors who have built up knowledge about bitcoin ended up selling off their bitcoin portfolio before a dump could happen because they invested in bitcoin in the wrong way or aggressively, which put them in the position of not meeting up with their daily demands all the time. So even though you have good knowledge about bitcoin or not, before you start to invest in bitcoin, if you want to hold your bitcoin portfolio for a very long time, you have to invest in bitcoin in such a way that it will not stop you from sorting out your daily expenses all the time, and for you to do that, you have to use your discretionary income or the money you can afford to lose to invest in bitcoin since the money is not allocated to solve any of your daily expenses.

We can't also underestimate the importance of building up the right knowledge about Bitcoin people who build up the right knowledge about Bitcoin always end up holding longer to there Bitcoin while those who had the wrong knowledge end up not succeeding in there Bitcoin investment, some people feels that building or acquiring bitcoin knowledge is not important before going into Bitcoin investment but it is more important and is the key to having a successful Bitcoin investment the reason why I'm saying so is because of something that someone did through this latest dip that happened in Bitcoin when he started accumulating Bitcoin Bitcoin was $98k so through the dip that happened when Bitcoin came down to $80 plus even close to $70 plus he became scared and sold of all his Bitcoin because according to him he felt Bitcoin was about to crash and when he saw Bitcoin went up again he became confused and he was now educated of the dip that always happens in Bitcoin, so it is very important to gain knowledge about Bitcoin if not you will make a big mistake you will regret later in the future.