Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy every dip!
by
Odohu
on 13/08/2025, 00:17:12 UTC
⭐ Merited by JayJuanGee (1)
The best time to buy Bitcoin is when you first heard about it, just like now that you have known Bitcoin and have seen so many people buying enthusiastically, follow them and do what they are doing and in the future, you will follow them to celebrate. Buying and HODL is not complicated, don't let it confuse you even though I know it is a little tricky for a beginner like you. There is a general approach which you will follow to make it systematic and easy to implement. If you have some money or lets say you are into business or working, simply remove the money you will use for food and other basic things from your income after that you will be left with your discretionary income. From that money, use part of it to invest in Bitcoin and use the other part to set aside as your emergency funds which is money you will use incase you have urgent needs that you did not plan for in your basic needs. You can repeat this process monthly and you will be performing what is called DCA method and you will end up buying Bitcoin at no pressures.

After you have started purchasing your Bitcoin, please don't look to sell when you begin to see profits, your plan should be to accumulate Bitcoin and HODL for as long as 5 to 10 years before you can appraise your Bitcoin worth and then congratulate yourself for job well done. You can even increase the years of holding and then make Bitcoin your retirement plan, just like what I'm doing with my Bitcoin too.
I want to agree with you on this. The best time to invest in Bitcoin is as soon as you know. That is, when someone knows about Bitcoin, it is the best time to invest. Because as time goes by, you will fall behind others. To invest, you must spend your earned money correctly and in a planned manner. In that case, the monthly income can be divided into three parts.

Again, a very advantageous method in Bitcoin is the DCA method. In this method, you can keep your mentality steady without getting upset if the price increases or decreases. Another big advantage of investing in Bitcoin in this method is that it can be started at any number.
Along with this, it is necessary to set up your mentality for the long term. If you invest using these strategies, it will be easy to gain financial freedom in the future.
Investing as soon as you know is the right way to start but also investing as soon as the funds are available would serve better. Most of us have heard about bitcoin long ago, but maybe because of unemployment or lack of understanding, many couldn't invest even after willing to do so. Bitcoin investment is something that should be planned accordingly before the initial investment. This is because, if the initial investment is faulty, it may not really work out fine when storms arise. Bitcoin planning involves getting a source of income, analysing your possible salary, separating your money to take care of your family, having some to put in your backup funds and emergency funds and then proceeding to invest what you can afford to hold. If you're aware that the longer you hold, the better then you would make proper plans for your bitcoin.
This is the mindset I worked so hard to kill and I'm also telling you to start making efforts not to toe that line. We cannot continue to give excuses about Bitcoin instead we should be propelled by the opportunities that lies ahead for us, keep excuses aside and do the needful. You can't justifying hearing about Bitcoin for years and not investing even if it is $20, yet you have two hands and legs, you have a smartphone,  you have been eating food and not starving and you have been wearing nice cloths and possibly pushing on with life and other activities. It is only when it comes to investing in Bitcoin that you are poor, and unemployed... those are excuses! If you are convinced that Bitcoin is for you and you see the opportunities it holds, that alone will even motivate you to get busy with your life. If white-collar is not available, there are many other types of jobs you can do to raise money. In my place, most people that do 9/5 jobs are even the poorest because people doing things like barbing, laundry services, farming and even people that gather plastic waste for recycling are making decent income and living comfortably. There are even youths that sell things online even when they don't own a shop or spend money to start such business... they will partner with a big shop, snap their products and publish them online and when they see buyer, they take from the store and sell and collect their commission and everybody is happy, these category are even making more money than most people working in the bank.  We are in an era in which excuses are becoming boring and if you end up poor in this generation, it is entirely your fault.

You should set a target of how much you will be investing in Bitcoin per month then work towards it by adjusting your budging and doubling down on your hustle and you will see yourself achieving it. Let's be more optimistic about things especially when we see that the reward is something that will outweigh every sacrifice put into achieving it.