Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 10/03/2025, 08:39:00 UTC
Yes, it is wrong to force anyone to do things that didn't come from their heart. But the first major stuff newbie ought to know is the purpose of Bitcoin creation, functionality of Bitcoin blockchain, and transaction which I believe will make them love the technology aspect of Bitcoin than benefits aspect.

Second, how to use a self-custodial Bitcoin wallet securely (how to secure their bag, and also have to do with transaction fee), and they can then be taught the volatility of the market.

If they are taught about market volatility at first, they may be greedy and believe that they know everything.
This is where most newbies or novice do get it twisted. I can remember when I started though it wasn't an easy task to say but with determination and patient to keep exploring tools and other resourceful material that makes one understood the whole progression of Bitcoin and to that which is related to investments is something that has given the edges and geared me up to this level. And of course newbies must not take basics for granted since it's what gives them a clearer view on how to start and follow their investments and trading journey.
It is not even right for newbies to invest in bitcoin and also chase after short-term gain in bitcoin at the same time because if they are stuck in chasing short-term gain in bitcoin, they will have no choice but to depend on their bitcoin investment to get their daily expenses sorted out, and it can possibly get them off the game at the same time. But since newbies are low coiners or no coiners who are just planning to start their bitcoin investment, they should focus mainly on investing in bitcoin for the long term only so that it will help them to build up their bitcoin portfolio in the long run, and if they are patient enough to hold their bitcoin portfolio for a very long time, they will achieve amazing gains.