Having a knowledge about what Bitcoin is all about is very important and necessary before investing in Bitcoin, Bitcoin is an asset that has come to stay and would remain here, But in order words Bitcoin is a volatile asset in as much as we know all of this we cannot predict the price of Bitcoin and the Successful nature.
Because of the Volatile nature of Bitcoin it would be more wise to invest in Bitcoin because of the Successful nature of Bitcoin, accumulating on a regular Basis is very important for someone who has a goal of accumulating for a very long term and also to HODL, For someone who is a newbie it is advisable to invest using DCA method and try to have a plan of accumulating and hodl, or we can buy and accumulate fraction by fraction and also hodl for a long term.
Having the basic knowledge about Bitcoin is what we need to kick start investing in Bitcoin, while learning other things with passage of time.
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Plus the truly learned people about the basics of Bitcoin, and who truly understands how everything sticks together in the network, what makes it censorship-resistant, and what its actual value proposition is WILL HODL Bitcoin/or hold it longer as an investment than those people who merely learns about its market and its price movements.
But in the end of the journey, HODLing will make 90% of plebs more profit than "trading".
It is a tragedy for plebs profiting from short term waves (trading) and later live in a life of regret because there are things that can be hard to forget or let go of, I have heard of a story about a man some time ago who committed suicide only on realizing how much of profits who could have been if only he was patient enough not to have sold to soon on seeing where Bitcoin has gotten to, he felt like nothing is ever going to make him that rich which he has missed from Bitcoin and he ended his life that there is nothing is living for any more, often times plebs like us should always have that reassessment that will always remind us of what purpose are we actually holding in order to be encouraged and determined on focusing on achieving such purpose, there is more to holding just like what we usually say, only put what you can be able to hold and have your peace.
I believe that we, the plebs, should keep giving one another support and reminders that we should ALWAYS HODL some amount of Bitcoin. A pleb may need to sell some to pay his/her bills or his/her needs in life, BUT he/she doesn't need to sell all his/her coins. Treat your Bitcoin wallet a sort of savings account, and it's probably the best for all plebs to learn how to put some of their coins in actual Cold Storage.
Cold Storage in an offline computer has saved me from panic selling. during the market crash of 2021 and 2022.
