Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 03/05/2025, 10:53:46 UTC
⭐ Merited by JayJuanGee (1)
I agree with you, everyone wants a beautiful and financially secure future, but they do not understand the right decisions that they have to make to reach that point. Not everyone's financial situation will always be the same, and an employee cannot work all his life, at some point he will have to retire from his job.

It is not a good idea to quit your job and invest full time in Bitcoin. You can invest alongside your job. If you do not have a stable source of income, I think it would be better for you not to invest.

You do not need much to invest. You can invest only if you have basic knowledge about Bitcoin and faith in Bitcoin. You can be a smart investor, and you can get success and great profits through Bitcoin investment if you know the right capital management and investment strategy. Because you will not be trading, you will have to learn for 2 to 3 years. You will invest, you will continue to invest alongside your job. You will continue to invest by relying on your stable income. When you feel that you have accumulated enough BTC in your portfolio, you can wait for the deadline to end. Investing is for the future.

Gost ms I think you made a mistake with your quote, the quoted text was written by Ricardo11 and not Catenaccio please edit your post. That aside, you might have confused the entire post with just a few highlighted sentences.  What Ricardo11 was trying to say is,  no one can stay employed forever there are certain age restrictions which will eventually compel the employee to resign, however if you don't make good use of the opportunities now that you are still a an employee than there are chances that you may grow  bankrupted  after some years of retirement that is if you have a good saving else it would be a complete disaster of poverty.

One thing that's certain in bitcoin investment from historical view is that the earlier you start investing the better your chances of making more profits increases, however if history is to repeat itself then buying today would be the best decision anyone can make for themselves especially when the person in question is still in his youthful age. Historical views shows that the longer you hold the more profit you get, the youths are more privileged to benefit by starting early compared to those approaching their 70s,  which is why it's best to utilize the opportunity by making investment at an early age from your spare cash after meeting up all important needs for the month. Most salary earners do receive their pay at the end or beginning of a new month. Notwithstanding, if the person is still not certain whether or not his monthly salary will cover up all his needs with some residue he can wait until his payday and then use some part of the remainder from the previous pay to invest in bitcoin using the DCA strategy. The only problem is, accumulation with such budget and strategy can't go that far even after some few months or years.
I want you to understand that a lot of investors who started accumulating bitcoin didn't start with a good amount of money initially because of how shitty their income was then, but along their accumulation journey, they got a better income, which gave them the financial buoyancy to increase their accumulation money to a reasonable amount of money. If those investors had waited to be financially stable so that they would accumulate bitcoin with a good amount of money, they would have even lost interest in accumulating bitcoin when they were financially stable because they would have thought that it was too late for them to invest in bitcoin. There's nothing wrong with any investor who is consistently investing in bitcoin with a little amount of money because it is better to get started than to wait for when you are in the position to accumulate bitcoin with a reasonable amount of money, which you are not even certain when you will be in that position.