Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Ojinga
on 03/06/2025, 00:11:45 UTC
How are you going to even buy bitcoin when you don’t have a source of income, where will the money which you will be using to buy the bitcoin come from? I don’t even think that’s possible, and Incase maybe you are gifted a money, and you decide to invest it in bitcoin, if you are in need of money, you are still going to sell back the bitcoin, so it’s just better you don’t even invest the money at all.

If you are planning to invest in bitcoin, then make sure you have a source of income, you have a emergency funds, so that whenever their is any problem, then you will be using the emergency funds to take care of it, you won’t be touching your bitcoin investment, but if you don’t have any emergency funds, whenever their is problem, you will end up selling back your bitcoin, which might even be at loss.
Truly anyone that don't have a source of income doesn't have a business investing in Bitcoin because for the investment to be sustained and not tempered with, having a source is very much fundamental to that, their is no two ways about it.
Such person just need to look for a job first, so that he can take care of his or her basic needs, before thinking of investing in Bitcoin.
Well said and I agree with you guys but please try saying these things more kindly as we never can know who’s seeing as reading these post but regardless, for one to be successful in bitcoin, there ought to be some sort of income(money flow) excel such a person might just be beating around the bush.
While also trying to get a means of income, also seize the opportunity to get yourself very much acquainted with bitcoin and cryptocurrency in general as there are several opportunities it could offer and even possibly create a job for you where you can earn and also invest in it.

One secret is that, the moment you start earning and start investing, also do so with funds left over after spending and doing all your necessities, by so doing, you’ll hardly get any intentions of touching your portfolio and most times, it’s always very difficult to keep to principles that has to do with money especially when we have some challenges and have the consciousness that there’s money somewhere.

I would rather see bitcoin investment as a retirement benefit and a way of securing the future for ourselves and things like this should be crucial to us.