Re: Buy the DIP, and HODL!

I am new to this forum. I have been on this forum for a few days and I registered. And after that I asked for help in Beginners & Help. Many people gave me many ideas and helped me regarding investment. Now I am willing to invest. But I have no source of stable income. I am still very young and I am studying. I will not be able to do any job along with my studies. I thought that I will invest some amount of money from my father.

If you do not have a stable source of income, then it is better not to invest. If you take money from your father and invest. Then how will you return the money when your father asks you for money. Investment is long-term, such as a period of 2 to 3 years.

I think you can invest through lump sum investment method, but not with money from anyone. For example, if you have some amount of money saved, such as the amount of money you give from your home for personal expenses without spending the entire amount, if you save some amount of money, you can invest with lump sum investment method. You have some money that you do not have to be held accountable for even if you lose it or you do not have pressure on you, you can invest with money that you do not have. Because I think it is better to have a small amount of BTC than not have any BTC. And what if you finish your studies and get a job or do business, you can buy more BTC.

While investing, you have to take care of all these things like emergency fund, reserve fund. For example, an emergency fund is a fund that prevents you from selling your holdings during an unexpected financial disaster, so that you can take money from the emergency fund to deal with the financial disaster.

You are wrong to say that investment for long term is for 2 to 3 years and it can be misleading, when we are talking about long term investment considerably 4 to 10 years or more is a more reasonable timeline to be called a long term investment, 2 to 3 years as you said is even below a cycle which is meant to be 4 years, part of the reasons for reasonable longevity of our investment is for us to have the compounded value of our investment over time.

Secondly you don't have to encourage a student that is not working but solely depend on the parents for up keeps to save up money for a lump sum buying, for a student what is most important is prioritize his academic affairs with the money from his family and if at the end he has discretionary he can invest right away with the dca either weekly or monthly no matter how small rather than saving up for a lump sum buy.

As the name implies, namely "investment" and capital investment requires a long time or long term with the aim of generating large profits and minimizing losses that cannot be determined by time limits and will only sell them at very profitable conditions and usually long-term investors focus more on the growth of their asset values in the long term and without any time limits to generate very satisfying profits and also have goals such as retirement or children's education which can be calculated how long and mostly 5 to 10 years or even more depending on your long-term investment goals and after achieving what you want you can do anything including starting a business.

And it is true what @Tmoonz said, inviting students to invest in Bitcoin with any action is a big mistake. Because their finances are limited and are still given by their parents which should be used for more important things such as buying school supplies or even to pay or help ease the burden on parents in paying school fees and they should also focus on their education, and if the goal is only to introduce or educate about Bitcoin technology that's good but it doesn't have to encourage them to get involved because if they are wrong or experience losses they will be blamed especially if their education is disrupted. And they can only do that when they have an income because that is what will support someone to invest and also provide emergency funds or reserve funds.