Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Spaceman1000$
on 17/04/2025, 11:37:43 UTC

So I hardly see any purpose to suggest to beginners to be worried about whether a correction may or may not end up happening this time around, and they likely should just be spending most of their efforts buying bitcoin regularly and persistently, at least for a whole cycle, unless if they might be able to front load their bitcoin investment.

JJG I think buying regularly and persistently using the most reliable and convenient approach is the best for any beginner in Bitcoin investment because it will help them not to run into trouble that is running out of finance and..., buying regularly will help them maintain and stay in the right track if they are determined but front loading is what a beginner should stay off from because if they don't have management skill it will result to a trouble too because if one don't have management skill, one can front load more than he or she is suppose to... That is why buying regularly using the DCA method is preferred for mostly beginners because they will have a particular amount they will be accumulating with unless there is a change in there source of income.

I don't see any problem that will come out from front loading your Bitcoin investment as a beginner, if you have the financial strength to front load your Bitcoin investment you can go for it, the kind of newbies that will get into financial trouble if the front load there Bitcoin investment are those who don't have the financial strength for it using money meant for paying of important bills for example electric bill, house rent, food, etc to front load your Bitcoin investment will surely lead you to dip hands into your Bitcoin.
Front loading your Bitcoin investment those not require you to have a special skill, when you talk about having a management skill before fronting loading yeah you are correct but not only on front load even if you are using the DCA strategy you still need to have a management skill.
Having a management skill is very important in every investment and Bitcoin investment is not excluded no matter the strategy you are using.
Encouraging a beginner to front load his bitcoin investment from the beginning might look a bit unethical for me, the beginning stage for every investor is always the learning stage, and it always has to do with your emotions and your psychological strategy, the beginner can just see a sudden dip and he would panic beyond the normal expectations especially when he has front loaded enough, so for me I would rather advice a beginner to DCA with some level of caution and take out time to understand how the market works, so probably after 2 to 3 years of experience, he/she can then front load his investment, because at this point, he wouldn't easily give in to panic no matter how fluctuating the market price is.