Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ZeroVinsonN
on 02/08/2025, 11:47:47 UTC
Making a point on the challenges of investing. Dollar cost averaging is a lifesaver for many which tends to remove the pressure of timing the market but then, investing in bitcoin shouldn’t be hard for someone who knows about bitcoin in as much as he or she is earning and has a source of income. The ones who wait and complain are probably people who don’t understand bitcoin or people who aren’t working and don’t have any means of earning.
People who still complain about doing something worthwhile like investing in Bitcoin are those who don't have a steady income, so they're more likely to act like that when it comes to buying something, even a well-known and relatively good asset like Bitcoin.
You don't need a steady income to invest in bitcoin, there is a difference between having a source of income and having a steady source of income, steady means at a regular interval and there are many bitcoin investor who don't receive funds at such regular intervals, what's needed to invest in bitcoin is a discretionary income which is what's left behind after all you basic bills have been taken care of, you might be recieving money weekly or monthly, your source of income might not be steady at all like how it is for most contractors, just because their income isn't steady doesn't mean they don't have a source of income at all, so please don't misunderstand the two.
Quote
So, guide such people with brighter ideas so they can realize that buying Bitcoin doesn't require waiting, which ultimately just wastes their time. But if they refuse to listen to your or anyone else's ideas, then just ignore them. Your time is too valuable to waste on people who refuse to accept input from others.
Waiting in bitcoin investment has always been and will always be a waste of valuable time to me especially for lowcoiners and even worse for nocoiners, waiting doesn't serve any practical purpose and only present an investor with lost opportunities when they realise the mistake they have made, advising people is good but if they don't listen then leave them be, experience is the best teacher and when they finally see how much they've lost you won't need to advise them again to not wait and waste time.