Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
red4slash
on 03/06/2025, 21:24:30 UTC
Telling people to invest without having an income is one of the greatest disservice to them. If someone who doesn't have emergency money on the side is forced to cash out their Bitcoin investment at an uncertain time, it will do more harm than good. I hope no one will be in this situation.

Leaving aside the monthly money that needs to be spent on living, buying Bitcoin with every spare dollar you can find is the thing to do, no matter the BTC/USD price. It will pay off in the long run.
If you think 2 days later you will need that money, don't put it aside for investment in the first place. Investing is not a short-term business.

In general, when we invest, we have prepared and planned this so that it continues to run well because planning is the beginning of something so of course it must be thought about in terms of funding and all forms before we make the investment.

It would be very unethical if we want to invest but we ourselves are not even aware of the economic difficulties we have because we do not have income so that this interferes with the investment activities that we do because after all for now investment, although still very good, is still secondary not primary because of course daily needs must be prioritized first. Don't let what we do make us feel heavy so that there are implications or thoughts that investment is very difficult. In fact, this happens because we are indeed unable to plan properly and manage our finances in an orderly manner so that it makes it seem as if investment is difficult to do.

When we already have an income or maybe a fixed income and can cover all the expenses that exist for us and can set aside or maybe people today say with discretionary income, then everything will be easier to do.
Therefore, there needs to be careful consideration when we want to start investing because this is not a trivial matter that can be done without any preparation.