Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Jostern
on 18/05/2025, 01:05:51 UTC
⭐ Merited by JayJuanGee (1)
Having the basic knowledge about Bitcoin is what we need to kick start investing in Bitcoin, while learning other things with passage of time. If you consider learning all about Bitcoin before you start investing you will end up not investing and it will cost you spending lot of time you could have use to buy Bitcoin because the knowledge about is so vast that even an older investor doesn't know it all, it is best you get the fucking started with the basic knowledge while learning other things along the line, Bitcoin is still a growing asset, there are alot to learn getting in to the field when you starting investing.
Exactly it is mostly best to start with just basic ideas especially with Bitcoin. If we try to learn everything before we invest we might never start and we could miss out many chances. Bitcoin and how it works are always changing so even people who have invested for long time are still learning new things. We should learn main things first and then learn more as we go. It is like learning to swim we do not need to know all science of water to get in and start swimming. You are also right that Bitcoin is still becoming more popular and there is much to learn as we start investing. It is like learning adventure.
Of course the basics are a must before we do it and also understanding Bitcoin in a simple way to start it is a must and also understanding the risks that will occur so that we can anticipate and know how to overcome them.
And for the next we can learn as a whole and what we want to know and also improve can be done while walking, because starting early is a good thing than we have to delay learning as a whole because it only wastes our time to start and buy Bitcoin even though we already know, understand and also know the basics because it is a good start to start it.
And also studying the journey of Bitcoin's footprint is also very important because it will make us choose the right way to get minimal profit or even no risk at all, I mean choosing to treat Bitcoin for the long term and only selling it when the price has risen high and is satisfying in the right profit and also continuing to accumulate as long as it has not reached the desired target, and in that way it will make us smart investors because that way we have a lot of time to continue learning and also to continue collecting more Bitcoin.
All we need to start investing in Bitcoin is just a basic knowledge, there is no need to gain all the knowledge about Bitcoin before starting to invest, most people who have been investing in Bitcoin doesn’t acquire all knowledge before starting to invest, if your intention is to gain all the information and knowledge then I must say that you’re not ready to make that investment decision. Before I started my bitcoin investment journey I didn’t wait to get all the information and details it was just some basic information I got and I started investing and accumulating and right now I’m still learning, the most important thing is start your investment and keep accumulating and learning other strategies to help and build a successful portfolio and most importantly to hodl for a long term.