Post
Topic
Board Speculation
Re: Buy every dip!
by
asarfiar
on 21/04/2025, 15:31:09 UTC
It makes no sense for any newbie to be holding excessive funds in dollars rather than investing into bitcoin, so why the fuck would they be holding 1-2 years worth of cash?  It is already a struggle to get back up funds between 3-6 months, an there is no reason to build up back up funds prior to investing into bitcoin.

You are right JJG, because holding funds in dollars won't yield any good thing from it but I have come to realize that the reason why some people ( newbie and...) hold excess dollars is for the purpose of trading it with other fiat I have a friend who does that though some newbie tends to hold or store excess dollars before they start investing which is not the right thing to do because a lot of chance will be missed in the market, so it is always good while holding your dollars you are at same time investing in Bitcoin and that is even the best because you may not know when you will grow your portfolio so big.
Yes, your words are very realistic and reasonable Many people like to hold dollars, especially those who make international transactions Through international transactions, they want to exploit the difference between the dollars in the dollar. But I think this dollar investment is from your profit Do not work. If you notice, many people will see dollars or other fiat currencies, and the next time it is in inflation, the price is lost.

But in the case of Bitcoin, I see that after a long time, there is a possibility of getting a high return. So we should invest resources like Bitcoin which will be able to provide us with a lot of good money later.