Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy the DIP, and HODL!
by
Tamaperdana
on 04/05/2025, 13:08:28 UTC
⭐ Merited by JayJuanGee (1) ,Solokan (1)
I don't encourage newbies attempting to accumulate 1 bitcoin at the beginning of their bitcoin investment because it will possibly expose them to overdoing their level of aggressiveness to meet up with their aim of accumulating 1 bitcoin in the next 4-10 years, which could put them in the position where they will begin to struggle to solve their daily expenses, and if they are not strong enough, they will have no choice but to sacrifice their bitcoin investment to earn a living. If newbies want to invest in bitcoin, they should aim for a quantity of bitcoin that is easily achievable in the next 4-10 years so that they will have 100% control over their bitcoin investment and be able to solve any problem that may arise through their accumulation journey so that they can achieve success in their bitcoin investment.
Your assumption is also quite correct, but in my personal opinion regarding the nominal accumulation of bitcoin that can be done by a beginner, I think there is no absolute rule about it. Because in the realm of bitcoin investment, everything must be based on each person's personal readiness, including funding. So at this point, beginners should not be mistaken with the capital allocated specifically for bitcoin. Maybe for beginners who do not have a large initial capital, they can start with any nominal to invest in bitcoin, as long as the money invested is truly discretionary. Then for beginners who have large capital, such as being able to buy 1 bitcoin, I think there is no problem as long as the money is discretionary. So what I mean here is, when beginners invest in bitcoin, they only need to invest discretionary money. So if their discretionary income is small, yes, start by buying bitcoin with that small amount. But if you already have a lot of discretionary money, I think there is nothing wrong with buying bitcoin in a fairly large amount.