Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Bluedrem
on 21/06/2025, 12:07:17 UTC

I disagree with you because a steady income is not a must before you can start investing in bitcoin instead of using a steady source of income why not you a source of income, and beside what You need to get started with bitcoin is your discretionary income. if only you can map out your discretionary income from your main income for the week or for the month then you can start accumulating bitcoin and hold for long term 5 to 10 years or longer.

If you are teaching newbies that a steady income is must before they can start accumulating bitcoin and hold for long them you are misleading them which can delay their investment journey. Because what they need is a source of income where they map out their discretionary income to invest in bitcoin, teaching newbies that steady income is a must means that they need to have a hudge amount of before they can get started with bitcoin which is wrong, all they need is a discretionary income to get started with bitcoin.
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Yes, you also need to take appropriate measures to maintain the invested Bitcoin. You can compare the invested Bitcoin with health. Just as you need to ensure safety to maintain good health, you need to ensure the safety of Bitcoin to maintain Bitcoin. For this reason, we can never invest beyond our means. This will lead to a shortage of emergency funds and in an emergency situation, we will face huge problems, which will result in losing the invested Bitcoin.
We must remember that saving for the future is as important as living safely in the present to improve the quality of life.
Suppose you have a lot of assets but cannot use them at the time of need, then where is the benefit of saving your assets?
Therefore, we need to invest our assets in such a way that the assets are safe for the future and a good amount of profit is obtained and some assets should be kept in fiat so that they can be used for emergency needs.
Investors should never be aggressive in their investments.