Quote from: Proty on March 09, 2025, 05:12:39 PM

Quote from: Ruttoshi on March 09, 2025, 04:32:06 PM

A high rank member might not have the knowledge of what a low rank member

Yes it is quite true that a high rank member may not have knowledge of what a low rank member do have about bitcoin.There are members who join bitcoin talk when they already have knowledge about bitcoin which they may have more information about bitcoin compared to some high rank member despite the fact that they are new to the forum.so ones rank can't be equate to his level of knowledge in bitcoin there are low rank members that are well knowledgeable and as such if any high rank members should make any mistakes, the low rank members is free to correct and Moreover nobody is above making mistakes.

There are many people who have enough knowledge about investing in Bitcoin but don't have enough money to invest and there are some people who have money but don't know about investing. Now if I ask a new person to invest in Bitcoin, he will not take it well because to someone who has no idea about these things, these things will look like a scam at first. In terms of investment, now that DCA investment strategy is used by people for investment, those people who have an idea about investment can invest using this method if they want. Because we know that DCA investment method usually does not require huge amount of money to invest.

In this method usually investors can invest any amount of money at any time and they can hold their investment as they wish. Now if I am given two options that I will be given some amount of money now which I can spend on myself if I want or I can spend the money on investment if I want then I will use that money for investment without thinking anything. After investing if I am given two options that I should sell my investment or hold my investment for longer period then definitely I would prefer to hold my investment for longer period.