Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy every dip!
by
MainIbem
on 26/04/2025, 09:46:13 UTC
⭐ Merited by JayJuanGee (1)
If you don’t have enough funds for a reserve, is better to focus on accumulating bitcoin while having some emergency funds , because is very vital to have an emergency funds when it comes to investing , so that you will have some other resources to handle some expenses.

If you know you don’t have much income the best thing to do is try to reduce expenditure, so that you be able to have some discretionary income because all it requires most time is good planning if you can plan properly you may end up ruining your bitcoin investment too early,
Investment strategies can be done in many ways and we can focus on implementing them according to our financial capabilities. When the financial resources we have are small, we can use the DCA step to accumulate so that the assets we have can slowly increase. If you want to grow faster, set aside a little money to handle purchases when bitcoin is corrected so that in that condition we can take an approach to much larger purchases.

The method can be applied in various ways as long as people are sure of the decisions they choose because there are still many rich people out there who may not know the strategy. Meanwhile, people who are already familiar with Bitcoin investment are already thinking about the best way to continue collecting Bitcoin as a step to grow their finances to become more developed.

It marvels me when people gives silly excuses to why they've not started investing on Bitcoin, excuses like the price of Bitcoin, if it would still survive in years to come and the most silly of them all is their financial strength, what they don't understand is that Bitcoin wasn't specifically meant for a certain class of people, those who missed the opportunity of investing when it was very cheap would feel the price is above their income but it's for all class both rich and poor that's why their are whales and shrimps and regardless of whatever class one find themselves you'll have to invest according to your financial strength with the help of the DCA to accumulate continuesly as time goes, the only excuse of not owing Bitcoin that's understandable is when one is jobless cause at that point they don't have a steady flow of income to keep accumulating continuesly and it's not even advisable for them to take loans to invest in Bitcoin.