Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Finebone
on 25/08/2025, 22:38:04 UTC
The truth is, Bitcoin needs patience, and patience only comes when the money you have invested is not breathing down your neck. That is why discretionary income is key, it gives you the space to let your investment grow without panic. Newbies mostly learn this lesson the hard way, but once you figure it out, you stop treating Bitcoin like a gamble and more like the long term kind of value it actually is..
Is patience the right word to use? No, I don't think so.
Having patience is one thing and not doing the right thing is another thing, you might have patience in your investment but if you invest with the money meant for any of your basic needs, you are bound to sell it off prematurely at some point in the future because you are gambling thinking it's investment, that is why investors are adviced to invest only with their discretionary income so that they wouldn't even be looking in such direction because it's the right money used to invest.
So what am trying to say is that investing with the wrong funds has nothing to do with patience, it's pure ignorance or gambling.