Post
Topic
Board Politics and society (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Grace333
on 04/10/2025, 08:48:20 UTC
As a bitcoin investor, your don't need to understand any market strategies before you start your Bitcoin investment, those are for traders, not investors like us.
What you just need is the basic knowledge on Bitcoin and how to go about your accumulation, and once you have your discretionary income in place, you are good to start, while investing you can seek further knowledge on Bitcoin and how to develop a strong holding hands, like having an emergency and reserve funds, but analyzing or understanding market strategies are not for investors like us.
But I feel like having a bit of market understanding still plays a role even for investors. Yeah, we might not need deep trading strategies or complex chart analysis like traders do, but knowing basic market cycles or how Bitcoin reacts during certain periods helps a lot when accumulating and DCA.

You are right though, investors mostly focus on long term accumulation and building conviction, not daily price movements. But in my opinion, combining that conviction with a little understanding of market behavior just makes the journey smoother, helps you stay calm during dips and even know when to take advantage of good buying opportunities…