Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Loyang
on 01/08/2025, 09:40:35 UTC
Fair enough, so many others have also been in this shoe, including myself when I first started. So the good thing is, bitcoin investment gives you the opportunity to learn and unlearn as you continue with your bitcoin accumulation and that’s why it’s been always emphasized that is better to get started first in accumulating bitcoin once you’re able to figure out your discretionary income than waiting to acquire all the knowledge, skills etc before investing. It’s practically impossible to time the market, you cannot tell or decide when is dip so that you will start accumulating bitcoin that time, so the best time to invest and accumulate bitcoin or purchase anything is when  you have the money to do so, and the good thing is when it comes to bitcoin investment all you need is just your discretionary income to start investing and accumulating, you must not buy all the coin, with just a discretionary income you can be able to invest in bitcoin for the long term goal of consistently or persistently accumulating and hodl, and build up your portfolio.

To start investing, a person needs basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income. Because if you only have a source of discretionary income, you will never be able to invest. Because you are not aware of investment, such as if you do not know where to invest, how to invest. If you do not have faith in the thing you are investing in, you will never be able to succeed in investing. In the first case, an investor can start investing if he has basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income.

After starting investing, an investor can learn everything gradually and gain experience. A person can never achieve complete knowledge, as time goes by, many new things come to the fore. If a person thinks that complete knowledge is required to invest, then this is not right at all