It is a popular saying in Nigeria- School na scam! It is believed by Nigerians that there’s no gain in going to the university. It’s just a waste of time and resources, especially because when you graduate there will be no jobs or economic provisions. This recent tenure has made things so much harder for the youths, even more than the past governments. It is as though the best way to survive in the country currently is by learning a skill or hand work (as we commonly call it) and saying bye bye to university.
Nigerians have made going to the university so mandatory but that it is not even the case in other more developed countries, even though better opportunities awaits them after school.
Nevertheless, some people also see the university (regardless of the bad government and economy) not as a scam but an asset or necessity. Because going to school broadens your experiences and intellect. It educates you on how to interact and think better than the lay man. So it is deemed fit if you want to be astounding in intellectual matters.
Omor what’s your take?
Anybody wey dy say school na scam just dy deceive himself, him or her no fit get a good job no mean say school na scam, in most developed world, the primary purpose of going to school is to get enlightened and if any other things come along with it na just bonus, so for you to get enlightened alone na one major plus wey you don take pass person wey no go school. And if you dy talk about being successful, bro that one na different thing all together, because you must not go to school to be successful, anybody can be successful, wether them go school or not, but you need to go to school to be enlightened, to know what's up. |
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According to what I have learnt so far the reason for DCA is to relieve or save yourself from the stress of not knowing when to buy, since bitcoin is volatile The practice changes at any given time so now the DCa help you to buy
Btc at any given time basically weekly. Sometimes you
May buy when the price is low and also by when the price is high. When you buy in some week it is low you are indirectly replenishing the lost value when you bought higher. So DCA is the best sofar in investment strategy it's a middle man between dip and HODL and lump-sum.
DCA is definitely a great collaborative tool, but it's very difficult to use it properly. The reason is that most people make mistakes in regular investment. In this case, it seems to me that there is no problem with the DCA method, the problem is with our decision here. In order to invest in Bitcoin using the DCA method, you must first have an income source. If you don't have an income source, it will be difficult to hold the investment for long. You spend the money you need and invest some of the remaining money in the DCA method on a monthly or weekly basis. You should continue investing with DCA method for long time. You will invest according to your ability. If you can't invest long time with DCA method then you won't be successful. You are actually right on this, most people have fail to understand that when it comes to Bitcoin investment, it's more suitable for a long term investor, because the current value of Bitcoin as of today doesn't reflect on the actual potential of Bitcoin price in the future, and due to it limited supply, it's even more certain that it will be more valuable, even in it price in the nearest future. And as for the DCA method, you have actually said it all, without a source of income, it's very difficult to hold unto your investment, because you will definitely have bills to pay, and you wouldn't have to look towards your investment direction if you really want to hold on tight, for a very long time. |
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Week 22 payment received, thanks sir for the opportunity.
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Many people have big dreams, dreams that will take them places and announce them to the rest of the world
In fact if you hear some people talk about their dreams and visions you will be marveled with what God has deposited inside of them
But surprising to see many of these people don't have what it takes to sustain and actualize these their visions, now am not talking about money here
This lead me to think about how prepared people are with respect to their vision and dreams in life
A wise man man once said that when a man refused to plan he has already planned to fail , life is not a magic place as you can't get what you didn't plan for
Preparation is key and central to what ever you are set to do
You are actually true to an extent that he who fail to plan, plans to fail, but you also need to understand that the availability of money makes planing easier, which not everyone has access to, but if you are actually talking of procrastination, that would have been more logical to me that it's the major cause of failure in life. Do you know that their are so many people that have bigger dreams but have no resources to make it comes to reality? so the availability of money is very important not just preparation. |
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The first day when I join this forum, I create electrum wallet but I never put Bitcoin inside because I never gather money and some kind Bitcoin knowledge. But this seed phrase matter, eating I understand about am be say if e lose no way to take recover am back, and yesterday I still see one topic, way talk about seed phrase. by PrivacyGAnd this seed phrase are very important to us as a crypto user seed phrases are words that can safe guard ur account we human being we dey forget things well well, so if we won create electrum wallet them go give us some words and those words nai be our keys to reopen the wallet just Incase our phone lose or get one or two issues. Some people dey share their phones with their friends, so it is better not to save this ur seed phrase in ur mobile phones or even ur google account because hackers fit get access to this ur seed phrases anytime them yet get small opportunity. but once you collect am carry pen and paper write am down keep, make ur phone loss nothing concern you, your account still dey for you but be careful where you keep am when you done write am down. As a sound person wey come into the crypto industry with the intention of investing into Bitcoin or any other cryptocurrency, the first thing wey surpose enter your mind na where you go keep am, and the second thing na how safe e go be for that place wey you wan keep am, so for the matter of secret phase, even though say some people brain na machine, to store am for brain na very wrong idea, because a pen and paper is longer than any memory in this life we found ourselves, so writing it down and keeping it in a very safe place is the best option, because once you miss one word inside or letters, just forget that ur money, because e don go like that, just because of carelessness, so it's best we save our secret phase in writing and store it in a private and safe place. |
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The number of traders is increasing more than before as more people are generally becoming more interested in ways to become more financially independent and as thus in search of skills like trading.
Does the number of traders directly affect the volatility of the market? If it does, can we assume that trading was easier before with less traders (less volatility) than now when there are more traders, and the market more volatile?
I actually don't see it that way, the higher numbers of traders in the market doesn't affect the volatility of the market, what I think that affect the volatility is the market cap, if the market cap is high, their wouldn't be much volatility, but if the market cap is low, the volatility will be very high, that's why shit coin gives more roi than Bitcoin or Ethereum. And another thing I think that easily moves the market is when those institute and the bigger boys enters the market, at that time, for sure the volatility will be very high, but it doesn't happen that often and it's just happen in a short period of time. |
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But the problem now is that we are worried about Kevin De Bruyne's injury. I am sure that if De Bruyne cannot appear in the Man City vs Arsenal match then it could be a big loss for Man City. Because we know that De Bruyne is the best there who can move the ball into the attack line very smoothly and make the squad score more goals. Now the news is that De Bruyne is injured again but what I read is that it is a groin injury or something similar. I forget. But it doesn't seem to be the same injury that kept De Bruyne out for so long since the start of the season.
I hope Man City and Arsenal can play with their best squad. Because the match will not be balanced if one of the mainstay players from each team cannot play.
Manchester City has bad news ahead of Arsenal's opponents this week not only with Kyle Walker but some regulars players potential will absent for upcoming match such as Erling Haaland and Kevin De Bruyne has withdrew from Belgium national team for FIFA friendly matches. Pep Guardiola will face problem if the three main players above will absent for several weeks later not only crucial match against Arsenal but also Manchester City has important quarter final Champion League against Real Madrid. Its most crucial moment when closing for winning domestic league tittle but Manchester City has losses many regular players, wish most of them can recovery as soon possible regarding Manchester City keep in the premier league tittle race with Liverpool and Arsenal. If losses three points against Arsenal on next match will make difficult for Manchester City to defend their domestic league tittle. Actually, what I really think about this Manchester city team is that they are not as efficient as they were last season, compared to this season, if efficient is the right word to use, so if most of their top players is absent due to injuries, it's really going to bite them hard because they can't replace such qualities, regardless of the debth they have in their squad. And as for their quest for the title, I really don't think they can win it, because their are so many tough fixtures ahead of them which arsenal will be the first, and with the absence of most of their key players, I really do think they will struggle in that game, so getting a win from that game will be even more difficult with the absence of those top level players like de bruyne an co. |
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Gambling addiction are of different levels I guess  And this one that I just witnessed is likely the most cruel one. I have seen gamblers who are addicted to gambling fighting for their lives to stop or reduce their gambling activities but they can't, obviously they are addicted to gambling and struggling with it. But for the first time I happened to see someone who is a gambler and he was harmed because of gambling severally, fully in financial distress but instead of him to calm down and try to avoid what's harming him so badly, even after losing everything, he is still so desperate to continue. The way I am looking at him, he is behaving unstable, as if he is now mentally derailed, he can communicate but gambling is the next thing he want to do, this have cost him is home, business and family. Where I am confused is that why won't he stopped already? Those that are addicted to gambling that i knew get to this same level of losing everything and they make a U-turn in the end, what is keeping him imprisoned ? His mind? or he is already crazy? Or even a spiritual attack? This is actually just one story of an addictive gambler, because their are so many and even countless addictive gamblers out their that are even in a worse situation in one way or the other, I have even heard of a story of how a man kidnapped his ageing father through a hired tugs, and demand for a ransom from his elder brother which is a wealthy man, so that he can keep up to his gambling habits, which he can no longer afford, but he was later exposed and arrested after an investigation was carried out after everything, he and the other perpetrators were brought to Justice, arrested and punished according to the law, so why am I saying this? Am saying this because you need to understand that addictive gamblers are ready to go extra miles, to keep up to their gambling habits, even when it's destroying their lives, because to them, they can't live without it. |
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I know right, Arsenal is not used to be here so we are not programmed to think they are capable of pulling surprises to their fans but what if Arsenal becomes like the rest of the teams that are good. You can't see a team at the top of the Premier League and consider their performance as average, they are more than average team which is why I have a vote of confidence in them, at least to send Bayern Munich back to Bundesliga where they belong.
I admire Arsenal's performance in the Premier League. I haven't anything to say against that. They are even the most scorer team in the league in addition to their being the leader there now.  But we don't see the same team in the Champions League. I assume you would agree with me on that as well. We can't say their performances here so far have been very consistent. We have all seen how much they struggled against Porto. There is still a point that they can benefit from though. Bayern Munich's performance in the Champions League hasn't been amazing either. If Arsenal manage to make big difficulties for their defense then things can get really interesting. It's true that I also see it like that, Arsenal is very superior in the EPL but it seems like they are not that strong in the Champions League. It must be admitted that the Gunners are still less popular than their opponents Bayern Munich, and their glorious history has not at all favored the British representatives. However, this season the hope of continuing to progress is also very open if they are able to take advantage of the situation of the German representative who is not very consistent. I certainly really hope that Arteta can do this and even reach the final round. I really admire the way Asenal has played this season, the collaboration between the players has been great. I also share the same sentiment as you guys, arsenal have been playing brilliantly in the premier league, but in the champions league, they have been struggling a bit, which to me, I feels like it all boils down to experience, which they actually lack, and if you look at the historical record of the champions league and teams that have won it and teams that mostly goes far in the competition, they mostly have not just quality in their teams, but experience, which I think is key in the quest for champions league glory, so to me, I believe that Bayern Munich have more in their ranks to progress to the next round of the competition than this arsenal team am seeing, because experience will play a very big role in this match between them both. |
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With all sense of belonging the killing of 16 men of Nigeria Army as a result of communal crisis between two communities called Okuama and Koloba in Ughelli south Local Government Area of Delta State is totally condemable.
When two people are fighting it's certain that the third party will be in the position to make peace so why killing the military officer that were assign to bring peace to the two communities and saved the life of innocent citizens.
Sometimes I wonder what some Nigeria youth gain in taking life and creating havoc instead of being good ambassadors of peace and crave for development that will make them a better
person in the future. In otherwise, if the time and the energy they are using to constitute nuisance can be channel into better things like learning a skill or even venturing into learning the process involve in Bitcoin investment it would have help them become great in life then destroying their future in the alter of foolishness and stupidity
This kind actions by most of our youth is very sad and regrettable because as it stands, na mostly people wey no know anything about it, nai go suffer almost all the repercussions of their actions, just look at how the military enter the community in question come dy destroy and kill innocent people, because I believe say the main people wey commit that evil act don run which is very bad. Another thing is how Dem go feel if their brother wey dy for army die just like the way them kill those men, forgetting say them get families wey rely on them, the only thing wey I no ever like for this situation na innocent people wey come dy follow suffer for wetin Dem no know, the perpetrators should not go unpunished abeg. |
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For me, buying every dip doesn't feel like seizing an opportunity; it feels more like a setback. I respect others' views on Bitcoin's price, but as a short-term trader, it's not my preferred strategy. Instead, I look for specific conditions to buy during dips, especially in bounce play setups. These involve buying low and selling quickly after a price rebound, which suits my trading style better. I steer clear of trades against the trend because they're less likely to succeed.
Bitcoin as you may know is not really good on a short term investment, moreover I believe that what we are talking about here is Bitcoin in a long term investment and not a trading strategies for there are other thread to talk about that. Bitcoin is not like a Ponzi scheme where you will be told to invest today and get huge amount of what you invested x3 no for Bitcoin investment is for the patient one where one need to hodl for a longer period of time in other to have a better profit for a period of 6,7 or more years. Short term investment in bitcoins can also be profitable but for short term investment you need to buy large amount of bitcoins at once be it 10 thousand dollar amount or 15000 dollar amount. If you deposit $100 a week or $100 a month of bitcoins for short-term investing, you will never see success from your short-term investments. So one should give up the dream of profiting by buying small amount of bitcoins and investing in short term. One of the best times to invest in the short term was a couple of days ago when the Bitcoin price touched $60,000. Maybe during the bullish season it is possible to profit by investing short term in bitcoins but remember to buy large amount of bitcoins at once otherwise it is not possible. We give the highest priority to investing in Bitcoin for long term investment. Maybe many people cannot invest their entire money to meet their family expenses so they adopt DCA method to invest monthly or weekly bitcoins. One of the benefits of investing in DCA method and holding it for a long time is that if we deposit $150 or more in bitcoins in a year The amount will be thousands of dollars. If we can manage our investment for a long period of time according to a proper plan and specific goals, it will enable us to accumulate a large amount of bitcoins at a time. I understand the point you are trying to say bro, but you need to know that if you really want to secure your future, then you need to stop having that mentality of taking small small profit, and look at the bigger picture that comes along being a long term holder. And another thing is that not everyone that will have that kind of amount of money at his or her disposal, but the DCA method makes it easier for even the common man on the street that doesn't have much income coming in, as long as you are thinking long term. |
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Hey mates, there's been a lot of ongoing airdrops recently, and they've been quite rewarding. However, one that isn't getting much attention is the Bitget wallet airdrop campaign. Their airdrop campaign is really underfarmed and it runs for the next month. If you have a wallet on MetaMask, I advise you to import it into Bitget wallet and conduct your daily swaps there. The points will be converted into tokens and airdropped, probably in May or June. https://web3.bitget.com/en/bwb-airdrop?code=twkMyUFor more details, check out: https://web3.bitget.com/en/blog/articles/fair-launchpool-bwb-points-holder-exclusiveThese days, I haven't missed out on any alpha, and I always take action. I believe we can benefit from this opportunity. 👍 Bro, I know say you dy new here, but try ur possible best to dy read the forum rules, so that you no go break them ignorantly, I believe say the primary purpose of this forum na to talk about Bitcoin, no be this kind of thing wey you dy post here wey dy very likely to be scam, abeg, talk about something more important, no be all this things we need here, or better still, take am go for beginners and help, I believe say you go surely get the response you dy find there, no carry post like this dy spam our local board, thnk you and may God bless you. |
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Greetings sir @cryptopreneurbrainboss, I just want to inform you that I have rank up to a full member, if their is any openings slot of full member position, I wish to be fixed in, I have already updated the full member signature and I have also put on the avatar, thank you.
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We de expect a Bitcoin bull run wey go give investors massive ROI, and indications still de strong say Bitcoin price go reach new ATH of up to $150k for di peak of bull run. Despite say price pump pass over $70k, and now e don dip to $65k, so investors wey get faith say di massive bull run go still happen, go use di opportunity of dis dip to de accumulate more, because na during price dump be di best time to buy dis valuable asset.
Bitcoin bull and bear seasons don use im hand take solve di equation of di best times to buy and sell am, so im follow basic economics principle, buy cheap during bear run, wen supply pass demand and sale high price during bull run wen demand pass supply.
I just sidon dis afternoon come de reason wetin fit to make a Bitcoin investor wey get di knowledge of how di Bitcoin cycle de work to sale during bear run, because i feel say no be clear eyes for investors wey know wetin de to sale during bear run. E must be strong financial need wey go make experienced investors to sale during bear run. Abeg which reasons una feel say e go make experienced Bitcoin hodler to sale during bear run?
To tell you the truth, wether experience or not, if as a Bitcoin investor, you no get any other source of income or emergency fund, when pressing financial needs arise, bro, you go sell ur holding wether you like it or not. For this business, to buy na different thing, and the ability to hold without selling na different thing all together, so in other to hold effectively, it's best you have a source of income or and emergency fund to sustain you during the rainy days. |
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I can't forget how beautiful this words sounded when I first heard them from a presenter's mouth over the radio. He was speaking on how the current state of the country and its citizens need character reformation and attitudinal change.
I guess the word just got stuck somehow and I just want to hear your humble opinion.
* What doest character reformation and attitudinal change mean to you?
* How well can an individual be reformed both in character and attitude, that people will notice and become influenced by the change?
* What are activities that one who is reformed and with a changed attitude be involved in?
* How do you think that character reformation and attitudinal change will impact this country Nigeria?
To me character reformation and attitudinal change is just as the name implies, it's a total change of character, either positive or negatively, but it mostly refered in a positive light, but as a Nigerian, the change we really need in the country, that can impact the country and our environment positively is our attitudinal change toward elections, that pattern of collecting money to vote for someone even when we know that, that person is no fit enough for that position, if we have changed initially to that extent, we wouldn't be going through what we are experiencing presently now in the country. |
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My countdown to full member rank
Numbers of merit(s) left: 15 14 13 11 9 8 6 5 4 1 0
Greetings everyone, I just want to express my gratitude for all that have contributed in one way or the other for me to achieve my new rank as a full member of this forum, I am forever grateful. |
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It is a mammoth task for both English Premier League clubs to make it to the next round. Some time ago Bayern Munich was devastated because they couldn't handle all the problems within their team correctly and Leverkusen made use of that opportunity and ran away from them in the Bundesliga. But they have now realized that there is some backdoor to save this season and to restore their international reputation. If they can make it into the Champions League final, I think it would be the best way for them to make the people forget about their bad performance in the Bundesliga and in the DFB Pokal. I think that Bayern has the stronger team here and Manchester City is roughly equal to Real Madrid, maybe some advantage over them, but definitely not a lot.
From here we will see how ambitious Arteta's men are to beat Bayern Munich. Indeed, the chances of both are 50:50 because they are equally strong, but in this case Bayern Munich will focus their energy only on the Champions League after they no longer have a chance in the Bundesliga. Of course, this is quite a tough job for Bayern Munich this season because if they fail in the Champions League then they will be fasting for title this season. Apart from that, if you look at Arsenal performance, of course they have the ambition to become champions because their progress in the Champions League this season has succeeded in overcoming many obstacles and for that I hope Arsenal can achieve the target they want. If you look at Manchester City, this is not much different from Arsenal because Manchester City has stronger opponents. I still hesitate to say that Manchester City will succeed in beating Real Madrid and vice versa. The big advantage may come from the strength of the players who will be fielded later because if one of the teams loses a core player due to injury perhaps it will make it more difficult for them to provide strong resistance. And seeing this, one of them will be able to take advantage of this opportunity to find victory. I have had a look and I couldn't believe that the bookmakers seem to have big faith in Arsenal and valued them as the real favorite. To give you an idea, they put Arsenal at 1.99, so let's say at 2.0, and they put Bayern Munich at 3.59. I agree that the odds for Bayern Munich winning this game should be relatively high as it is a game away from home and it is against the team that is leading the Premier League. But given how the game developed recently for Bayern, do you think that Arsenal winning the game at 1.99 is correctly marked by the bookmakers? Even if it is marginal, it is a bit below 2.0 and I did expect something with a 2. coming first. I don't think that Arsenal's chances of winning that game are that high. At least I wouldn't bet on it at those odds. I think it is always a good indicator to think about potential odds that someone would be willing to put money on an outcome and for me this would be more between 2.5 and 3.0, but it would definitely not be worth it when you get just under 2.0. I totally agree with your sentiment here that their chances of winning that game is not that high, due to the fact that the performance of Bayern Munich have improved quite a lot in their past outing of recent, and another thing I feels like they aren't putting into consideration when giving this odd is their head to head record, because Bayern Munich have always have the upper hand between them, and in the champions league, experience is one vital thing that is needed to be successful, and this arsenal team lack that, though nothing is impossible, but I see Bayern Munich dominating them and even progressing to the next round of the competition. |
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Manchester City definitely wants to win another trophy this season and Arsenal, who failed last season, definitely doesn't want to fail again this season, as well as Liverpool, who of course wants to win a trophy this season. Currently the discussion between the 3 teams is hot, but in this case I predict that Arsenal will have great potential to become champions because looking at their good performance and my hunch is that Mikel Arteta will be able to bring Arsenal to a trophy this season. I also heard Ronaldo Nazario in the news predicting that Manchester City will win another trophy this season Source: https://www.google.com/amp/s/fajar.co.id/2024/03/12/ronaldo-prediksi-manchester-city-juara-liga-inggris-musim-ini/amp/ Manchester City is a strong team and has always won the EPL. Last season they were also champions, but this season of course no one will know whether Manchester City will be champions or not, but if you predict that Arsenal will win the trophy this season, of course no one will. The problem is because Havertz, Saka and the others have extraordinary abilities. However, if the Brazilian star player predicts that Manchester City will win another trophy this season, of course there is nothing wrong because the Manchester City squad is currently in good shape, and Ronaldo Nazario's prediction could be right, but I think we won't know who actually is. will win a trophy this season. To be honest, in this case, I personally find it difficult to predict who will win the trophy this season, but for me, Manchester City, Liverpool or Arsenal are certainly strong teams and for me it doesn't really matter who wins. I hope if I bet my prediction is correct and I get profit. To me it's quite logical that Manchester city is almost everyone's favorite to lift this year premier league title, due to their experience and debth within the ranks of their squad, but to me, I really don't think they are that good this season, as last season, and I actually don't think they can win it, compared to the remaining fixture with the likes of Liverpool and Arsenal, so I think Liverpool is more likely to win this year premier league title than their both rivals, but the injuries they are facing right now is making things very complicating in their quest for the title, but let Just what and see how they manage the situation. |
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Many people just get this belief say since nah wetin concern internet them no fit do anything called investment, unknowing to them that is the best place to invest on.
Even my uncle's saw it as a scamming thing, but they never knew it's the best place you can save any amount of your income in life.
And still have access to your money at anytime you need access to your investment. You all should invest online and see how your life will change for good.
Of a truth, in this modern age and time wey we dy, na only people wey dy misinformed or uninformed go fear to invest in Bitcoin, because Bitcoin have proven over and over again that it can always rally back if their is any setback in price, and besides, it's an asset that appreciate overtime, so any body wey still dy fear no really know whats up. Lastly, there are some people for we country wey dy take anything wey dy for internet as scam, base on wetin mmm and others don do Dem, those set of people, nothing you wan tell them wey go make them change their way of thinking, so na to just let them be, no just worry Dem, because their mind is made up. |
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So far as life is concerned everyone needs to prepare their future on time and the best way is to learn a good investment practices that will stand as a relief at a time when we won't have the strength to work much again because that is what will smoothen our financial position in the near future and we should do away with the fear of failure and be very positive as well apply the best investment strategy that will enable us to become successful investors. Investments are attached with risks but the risks are minimal more especially when we invest in Bitcoin because you don't need to be disturbed about your investment as all you need do is just to keep your investment goals alive by accumulating more at every time there is a dip in the price of Bitcoin.
I've read some other comments in the thread and what your saying seems quite contradictory, I don't think the dip is the only time we should accumulate bitcoin since we are using the DCA method that involves buying at intervals and helps reduce the impact of market volatility on our portfolio, besides those who buy only at dips would miss out on all other times to buy. I think it's far better to buy eventide with DCA cause trying to time the market is the same as trading cause you might never buy If you keep on waiting for the dip especially as a new investors that needs to take more action than wait. You are right, if a hot news is printed, there can be many comments for and against it. In this way, the essence of this topic can be extracted, which is very helpful for investors, especially for beginners. Newbies who are interested in buying Bitcoin can easily invest in Dollar Cost Averaging (DCA) as I find Dollar Cost Averaging to be the safest. For holding you need to have a lot of money which may not be available to everyone, in this case dollar cost averaging(DCA) can be best for you. Many investors waste a lot of time buying dips, in this the time if they can buy bitcoin by dollar cost averaging (DCA) daily. Then dollar cost averaging (DCA) would be more profitable than buying the dips.There is so much uncertainty in the market hence waiting for the dip is a wrong approach, with your dca strategy you are always there in the market irrespective of the price. Buying the dip gives investors the golden opportunity of buying more Bitcoin with the same amount of money, you can be buying with your dca when price is high and buy wholesomely or lump sum buy when there is dip ,the combination of the both wouldn't be a bad idea. Moreso profitability should be discussed in terms of quantity of Bitcoin you have and not the strategies been used because I don't think is necessary comparing both strategies in terms of the one that is more profitable and the one that is not, rather what you should be your most concern is accumulating more of Bitcoin and your ability to hodl for a longer period of time. If they are waiting for the dip then maybe they are not ready to hold since what they always think is the price when they accumulate and for sure that they will be bothered when seeing more dumps to happen and that can affect their decision making in future. It is not that they are not ready to hodli, any low coiner that is waiting for the dip is not ready to increase his bitcoin portfolio, and his bitcoin investment will be stagnant, which kills the idea of increasing your bitcoin investment portfolio. If a newbie that have not bought any bitcoin yet is waiting for a dip, I pity that person because he is not ready to invest yet, because the dip might not come when he is prepared for it, but it might come when he is unprepared, and he will miss out. This is why there is no need to wait for the dip, but rather continue buying and increasing your bitcoin portfolio with regular DCA, monthly or weekly. Delay is dangerous, and as you are waiting, you are not getting younger. Invest in bitcoin and hodli to secure your future, amd save your funds from depreciating as time goes on. Fiat and bitcoin is two opposite. As time passes by fiat depreciates in value while as time passes on bitcoin increases in value. This is actually what most investors have failed to understand, that most times the dip they might be waiting for may not come and it will make them to lose so many buying opportunities in the market, while with the DCA method, you can be buying Bitcoin bit by bit regardless of the price, and you can even buy the deeper most part of the deep if you decide to seize the opportunity by buying aggressively during that period, as long as it doesn't affect your emergency fund, and at the end of the day, you will definitely have more Bitcoin in your possession and you will be more profitable as long as you are a long term holder. |
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