Quote from: Cryptohygenic on September 08, 2025, 08:07:15 PM

Quote from: 9ja Amaka on September 08, 2025, 04:52:28 PM

Quote from: IceLincoln on September 08, 2025, 01:17:48 PM

The Journey of bitcoin investment is not a one way ticket, it involves a continuous process and this involves STUDYING to know more about bitcoin and it’s technicalities, LEARNING new ways of investing (improving on the initial knowledge you started on), You PRACTICE (that’s investing) what you’ve learnt, practice is the only way you know for sure if you have the right knowledge and strategies or not, You PLAN your Finances and make out enough discretionary for your investment purposes (creation of emergency and reserve funds, percentage of discretionary money that goes into bitcoin), from time to time you check out how well you’ve accumulated and what you can improve about your strategy you RE-STRATEGISE if need be and that’s how you grow in this space, and at the end you must have known by experience what works best for you. As you increase and grow in your accumulation, you adapt new strategies, how a newbie is investing isn’t same as an oldie who’s almost close to his over accumulation.
I hope this is more clearer to your understanding.

People like you are the ones that makes it difficult for newbies to kickstart their investment. You have paint investing of Bitcoin to be one difficult and impossible thing to do. You dont need to know the practical and technical part of Bitcoin before you can start investing. From the basic things I have know, it didn't take me long to start buying and now I am doing god with my accumulation. The technical part of Bitcoin are meant for miners, developers and other individual who wish to expand their knowledge. As an actual investor, what you need to know is how to buy, how to secure your Bitcoin with the right wallet, how to keep your seed phrase safe. Keeping it away from scammers and online theft.

You don't need to be an explorer of being technically knowledgeable about bitcoin before you can catch it tons of being successful in the investment. You just need to understand that it is not a get rich quick, understand risk management, storing your assets in a safety of more advanced security such as hardware wallets since you will be holding for the long term and then, picture an accumulating strategy through your discretionary incomes and keep buying as much you can afford not to panic when price is going down but Instead you buy at the Dip and hodl. So it is not compulsory even if necessary that you should the technical aspects of it.

The technical subject of Bitcoin is very extensive and it takes a lot of time to learn about it, and investing in Bitcoin does not require such deep knowledge. If someone wants to invest after learning about Bitcoin's technical aspects and other topics, then he will waste a lot of time and will miss many good investment opportunities. As a result, if the person who wants to invest only knows the basic aspects of BTC and has an idea about the right investment method including security, then he will be able to invest in Bitcoin correctly and the chances of success are very high.

And you said another thing, that is buy DIP and hold. Actually, I do not agree with your words. The best way to invest regularly by following the DCA method than buy Bitcoin at DIP. It is not bad to buy Bitcoin at DIP it can yield several times more profit .But Many people do not invest in the hope of buying it when the price of Bitcoin drops, but it turns out that the price of Bitcoin continues to increase, as a result of which they miss the opportunity to invest. On the other hand sometime price of Bitcoin has decreased relatively. At that time, someone invested, but later it turned out that the price of Bitcoin has decreased much more, as a result, they missed the opportunity to buy Bitcoin at a relatively lower price. Therefore, we should follow the DCA method and invest with discretionary income. As a result, there is no need to worry about whether the price is low or high. If you invest for 4 to 10 years, there is a high possibility of getting a lot of profit.