Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Derekfunds
on 29/04/2025, 10:07:52 UTC
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.

Taken money from someone to invest in bitcoin is a wrong approach, and you don't have to consider yourself as someone who's ready to go into bitcoin investment when you had no stable source of getting money. So I will advice you take a chill_pill until you're done with your studies since you said you can't do any job along with your studies, it means that you're not even ready to invest in bitcoin. because had it mean you're ready to go into bitcoin investment you would have try so hard to get a job and at same time studying this is also going to help you both in your academy section and other aspects instead of depending on your parents.

In as much as I would love to say you are correct, I will like to explain something for you which is, getting a job while studying is not a wrong or bad but the question is what kind of job are you talking about, is it the one you will have to miss lectures to go and work or the one you will be attending lectures and still be doing in your comfort zone? And this one you will be doing in your comfort zone and still be attending to lectures is online activities which is not as rampant as you think or easy and the one you will be missing lectures is rampant but one attention will be divided and you won't concentrate well and this can affect a student performance, so anyone who can not handle this two things at same time, the person should just focus on his or her studies.

Going to borrow or take money when you don't have a means of paying back is a wrong approach and this can make one to sell in loss when the person they borrowed money from will demand for it and there is no way to pay back other than to go back to the investment, so it is as good as not investing at all. We should not be in a rush to invest in Bitcoin when we don't have what it takes to..., because doing that will make one to go through unnecessary pressures.