Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Derekfunds
on 08/08/2025, 22:05:08 UTC
What of in rough times, I had a family friend who battled illness I had to be there for her and I used my little Bitcoin saved. I am not crying over it because I can still continue to save more the little way I do. I don't think about big profit now but continuity.

i can only imagine how tough it must have been for you financially to decide to sell your Bitcoin, the decision to sell or not to sell your Bitcoin is up to you. we can only offer you the best guidance to ensure that your Bitcoin investments grow smoothly. Adopt discipline to avoid selling your Bitcoin early, whether due to market movements or emergencies, that's why it's important to set aside emergency funds and secure a stable source of income before beginning your Bitcoin investment to prevent selling your bitcoin.For potential growth and returns, consider holding your Bitcoin for long-term, and always store it safe to protect your investment.
Yes, emergency funds is very necessary for the sustainability of your Bitcoin investment, but a stable source of income as you said is not necessary because their are guys that has a stable source of income but still can't figure out their discretionary income, what a newbie investor need in other to invest smoothly is a discretionary income, money left after all his or her basic needs has been met, bit in the case of cold_joker, he fails to have an emergency funds in place that was why he sold off his Bitcoin holdings so as to pay the hospital bills of his friend, but if he had an emergency funds in place, he wouldn't have sold off his holdings in times like that.

Even though some source of income can be use to invest in Bitcoin I still think the best source of income to have is a stable one because you are sure of money at the end of every week or month. And it is impossible to have a discretionary funds without a source of income but it is still possible to have stable source of without a discretionary funds that if someone is not interested in Bitcoin investment or any other investment but as someone that is interested in Bitcoin investment you ought to have a discretionary funds from your stable source of income as that will enable one invest in Bitcoin and remember setting aside a discretionary funds from your main money is very important.