Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Tonimez
on 29/06/2025, 13:34:48 UTC
[Edited out]
New investors also think that they may not be able to balance their Bitcoin deposit with their income and are afraid to invest. This is because they are new, they need more time, they need to analyze the market, they need to know more about Bitcoin. I think the reason why Bitcoin savings are easier and more effective for newbies is that they enter the market with little knowledge and can already hold large amounts of Bitcoin by being knowledgeable and experienced. When starting Bitcoin, they may focus on saving with superficial knowledge and continue to save from discretionary income (from a relatively small fixed income).
This your write up is confusing. A newbie actually doesn't need to know everything about bitcoin to venture into bitcoin investment. As a matter of fact, the best knowledge a newbie should first have about bitcoin is knowing how to calculate his discretionary income and further spreading it into back up funds, emergency funds and investment funds; and then he understands that his bitcoin should be held for a long time. It's better if he starts with lower knowledge and learn during the process of his bitcoin journey.

However, not waiting to gather all the knowledge before starting his bitcoin journey would make sense when he finally gets the knowledge. Bitcoin volatility is not what a newbie can understand well as a beginner. So with time, he starts to learn that long term investment is the best way to navigate through the period of volatility and still come out with higher chances of making good gains.