Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Popkon6
on 01/09/2025, 03:50:56 UTC
Why quoting the whole post? It would be better that you picked the part  the post that you are talking about that's by the way, am kind of wondering what does having a good backup funds and a steady cash flow has to do with keeping one grounded during market fluctuations? That is more like a traders mentality, because as an investor having a good backup funds and a steady cash flow will only put you in the position of taken advantage of any conditions of the market fluctuations, the market remains unpredictable and no one can be certain about timing the market.

We need a discretionary income source to invest. There are many people who do not have a stable source of cash flow or a source of work. So we need a discretionary income source to invest. Through which we can continue to buy continuously.

Sometimes it is right to wait to invest. If you have the money, then buy immediately. If you do not buy and sit with money, then you can miss out on many buying opportunities. So you should never sit with money, it is better to buy when you have the money. You should always adopt the DCA method and continue to buy continuously until a sufficient amount of Bitcoin is accumulated in our portfolio

There is a saying in our native language, from whatever you earn, keep some part for basic needs and save the rest for the future. Maybe one day you will fall ill and you will be able to remove your illness and lack and basic needs through savings. Exactly, I want to add something more to your words, because a daily wage earner earns some income. And he must keep some part of the income aside for the future, exactly what I want to say is that it is most important to connect those saved money with Bitcoin. Because the more you deposit in Bitcoin, the better you will be able to move forward economically, it is possible to achieve multiple benefits. And if every person spends foolishly and smokes bidi cigarettes and hangs out at tea shops and eats nuts in the park, he can connect all these expenses with Bitcoin.
Because by giving up his bad habits, the money that will be saved from here is also reasonable to add some more money to the main method.  If the DCA system continues like this for a long time, then a low-income person will definitely be able to become self-sufficient by investing in Bitcoin.