Post
Topic
Board Speculation
Merits 4 from 3 users
Re: Buy the DIP, and HODL!
by
mvdheuvel1983
on 14/03/2025, 19:00:21 UTC
⭐ Merited by Victorybit1 (2) ,JayJuanGee (1) ,BIT-BENDER (1)
Adopting bitcoin is an act of investment in a future where independence, inclusion, and freedom are more of importance. As bitcoin continues to reshape society, it brings with it the possibility of a world united by a common language of value and trade. Since the adoption of bitcoin it has really done more good than harm to people who keep the bitcoin market going, that's for people who hold their bitcoin for a long period of time.
Bitcoin has done so well for people of this time. If their were no bitcoin in this time people will run into lose by keeping all their money in bank. We can see how inflation is becoming very serious but we have bitcoin that people can run into to invest as a store value which can yield good  profit in the future. Bitcoin is so fair that everyone can partake in it no matter the amount one is earning,  no matter ones financial status.
That is why those who understands bitcoin won't joke with it, they make use of every opportunity to accumulate and hodl, because of the good profit it will offer in the future.

Our financial status really matters a lot because we will not take because something is profitable and venture in to it without considering our financial situation, I know that we don't need to break a bank before we can invest in Bitcoin but our financial status must be good enough to sort out our basic needs and if there is a discretionary income after taken care of basic needs we can now invest in Bitcoin with a relaxed mind , what am saying in essence is that our financial status really matters alot because any one struggling to take care of their basic needs can not or should not invest in Bitcoin.

Your financial status is to be considered before investing in Bitcoin that's why you should have a good source of income if possible a stable source of income before you invest any amount you want to invest with. basic needs are to be considered and a separate amount should be kept as your investment funds so that you won't be stressed trying to invest with the amount that is meant for other needs. If you don't have any source of income you shouldn't invest in Bitcoin because you will be forced to sell at loss when you need money for family needs or other emergency. You should have skill that gives you money or a job that your earn from before you think of investing in Bitcoin it will help you to make things easier for you and make you not to panic when the price is not in favourable position.