$crypto$
Legendary
Offline
Activity: 2492
Merit: 1062
Smart is not enough, there must be skills
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2024, 02:43:06 PM |
|
Newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin.
I disagree with you here. Finance is a general need for both new and old investors and no one would want to start an investment if he does not have capital. What is the essence of starting an investment when you don't have a fund? What a new investor needs which is important at that entry level is a basic knowledge of Bitcoin investment without that they are bound to lose their investment at that early age. Let me tell you something before you go ahead and make mistakes in life even if I do not have the right to advise you financially. But understand this fact, don't start any investment whether Bitcoin investment or not without figuring out how to go about the investment. For a better understanding, you need to know the nature of the investment after your capital has been realized. Investing without knowledge is like an empty barrel, it's useless. Still, when we want to start investing, we must know the basic knowledge about bitcoin, how good the future of bitcoin is, and how bitcoin works, if it feels suitable and understands then you can invest because you already understand bitcoin. Except about bitcoin technicalities, then you don't need to understand this is usually used by developers. Before starting, of course we must prepare ourselves, such as stable finances, long-term planning, always ready for emergency funds, prepare mentally, and make sure you can be consistent with bitcoin investment because there are so many ways to start including the DCA strategy.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Popkon6
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2024, 03:16:49 PM |
|
I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it. and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.
Before starting investment it is of course most important to gather knowledge about investment. Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin. Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you. I think this can be confusing for newbies, as an uninitiated investor will never invest directly in Bitcoin. Because a person will be willing to invest only if he has the knowledge to invest in the beginning. And this will be the positive point for new and old investors to invest in DCA method. Because both new and old investors can get success following this method, it is possible to invest in this method for a long time. But the more risk-taking capacity is created among investors, the more bitcoins they can hold in the long-term. Because the DCA method is the key to success in investing in Bitcoin, it is proven that those who have held Bitcoin in the past and up to the present time will only reap massive benefits in the current period.
|
|
|
|
Onyeeze
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2024, 03:49:38 PM |
|
Newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin.
I disagree with you here. Finance is a general need for both new and old investors and no one would want to start an investment if he does not have capital. What is the essence of starting an investment when you don't have a fund? What a new investor needs which is important at that entry level is a basic knowledge of Bitcoin investment without that they are bound to lose their investment at that early age. Let me tell you something before you go ahead and make mistakes in life even if I do not have the right to advise you financially. But understand this fact, don't start any investment whether Bitcoin investment or not without figuring out how to go about the investment. For a better understanding, you need to know the nature of the investment after your capital has been realized. Investing without knowledge is like an empty barrel, it's useless. Still, when we want to start investing, we must know the basic knowledge about bitcoin, how good the future of bitcoin is, and how bitcoin works, if it feels suitable and understands then you can invest because you already understand bitcoin. Except about bitcoin technicalities, then you don't need to understand this is usually used by developers. Before starting, of course we must prepare ourselves, such as stable finances, long-term planning, always ready for emergency funds, prepare mentally, and make sure you can be consistent with bitcoin investment because there are so many ways to start including the DCA strategy. Theirs no one that invested in Bitcoin without acquiring the knowledge or experiencing the method other people apply for the investment, for you to make profit for investment of Bitcoin you have already know the difference between long-term investment of Bitcoin and short-term investment of Bitcoin, so if you don't know these two things I believe that you will not make profit from bitcoin investment, so what I notice that make people to lose in bitcoin investment is miscalculation and greedy, this is the things that makes people to lose fotheir investment.
|
|
|
|
tiCeR
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2024, 04:19:36 PM Merited by JayJuanGee (1) |
|
Ser, you're nit-picking. Why do you choose October 2023's price point when EVERYONE had a GOLDEN OPPORTUNITY to buy the actual DIP under the 200-Weekly SMA from June 2022 to March 2023. That's almost ONE YEAR of continued opportunity, THEN the price DIPPED under the line again during August 2023.
Sure we could use August 2023 or even a year ago, yet what is significant about October 2023 is that there were quite a few people (including you) who were expecting and cheering for down and saying that you could not buy BTC because you were waiting for more down.. Yet, in October 2023, the BTC market turned and the price pretty much shot up from $26k/$27k-ish and went all the way up to $73k in March 2024.. so yeah, a lot of the folk, probably including yourself got left out on that stepladder .. and we likely are not going back down anywhere close to those kind of prices. And, your waiting strategy and fucking around with holding BTC hoping for more down before up may well end up with similar kinds of results in current prices. Maybe that works for you, yet I even have my doubts if your waiting strategy has been working for you, and hopefully not too many newbies, or even guys in their first cycle of BTC accumulating are following such a waiting strategy rather than just figuring out ways to ongoingly, persistently and consistently buy within their budget, and maybe after they make it through a whole cycle or cycle and a half, then maybe at that point they can reassess whether they might need to (or want to) adapt their BTC accumulation strategy to incorporate buying on dips (and possible waiting) rather than mostly focusing on ongoing BTC accumulation that does not incorporate waiting strategies that might cause them to end up buying less BTC than what they would have had otherwise. This is actually once again translating into time in the market > timing the market. I mean sure somebody will always get lucky and then argue that waiting was the superior choice, but then false conclusions could be drawn because that person might think it was smart to wait. Instead it was lucky that it turned out to be successful. As your example describes, those hoping to go down from 26k to maybe 15k only to then see BTC go to 73k probably learned their lesson. Another question is if someone has a weekly budget (DCA), but instead decides to wait for some mysterious reason that BTC could go down further, will that person be disciplined and put the budget aside to accumulate a potential lump sum for a later entry point? Will the weekly budget during the waiting period be consumed for other, irrelevant stuff? That's why time in the market could outcompete timing the market even at seemingly unfavorable prices. If someone says they invest $100 per week only if BTC goes below 40k and they don't invest for 10 weeks because it took until then for BTC to go below 40k, then the question is whether the money is still there that was supposed to be invested into BTC via a DCA method. If instead that person bought $100 BTC all the time and it went sideways, but now goes to 65k, it is still a gain of a little less than 20%. I am a strong believer of the "time in the market" approach. And this perfectly goes hand in hand with DCA. The only question someone has to answer for themselves is whether they believe in the technology and its long term potential or not. All the number crunching as to how much the return would be if instead of 55k someone enters at 40k is a waste of time. Again, the August 2023 - March 2024 example is only one of many. So far, time in the market + DCA held true. Of course you could always zoom in on a time window and see that it did not work out, but that's kind of manipulative to your own detriment. Truth is that BTC with its up and downs performed extraordinarily well. And after all, even if BTC does not go to the moon within a year or two and someone is accumulating all the time, there is is still valuable BTC in the wallet.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | |
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2024, 06:39:38 PM |
|
Ser, you're nit-picking. Why do you choose October 2023's price point when EVERYONE had a GOLDEN OPPORTUNITY to buy the actual DIP under the 200-Weekly SMA from June 2022 to March 2023. That's almost ONE YEAR of continued opportunity, THEN the price DIPPED under the line again during August 2023.
Sure we could use August 2023 or even a year ago, yet what is significant about October 2023 is that there were quite a few people (including you) who were expecting and cheering for down and saying that you could not buy BTC because you were waiting for more down.. Yet, in October 2023, the BTC market turned and the price pretty much shot up from $26k/$27k-ish and went all the way up to $73k in March 2024.. so yeah, a lot of the folk, probably including yourself got left out on that stepladder .. and we likely are not going back down anywhere close to those kind of prices. And, your waiting strategy and fucking around with holding BTC hoping for more down before up may well end up with similar kinds of results in current prices. Maybe that works for you, yet I even have my doubts if your waiting strategy has been working for you, and hopefully not too many newbies, or even guys in their first cycle of BTC accumulating are following such a waiting strategy rather than just figuring out ways to ongoingly, persistently and consistently buy within their budget, and maybe after they make it through a whole cycle or cycle and a half, then maybe at that point they can reassess whether they might need to (or want to) adapt their BTC accumulation strategy to incorporate buying on dips (and possible waiting) rather than mostly focusing on ongoing BTC accumulation that does not incorporate waiting strategies that might cause them to end up buying less BTC than what they would have had otherwise. This is actually once again translating into time in the market > timing the market. I mean sure somebody will always get lucky and then argue that waiting was the superior choice, but then false conclusions could be drawn because that person might think it was smart to wait. Instead it was lucky that it turned out to be successful. As your example describes, those hoping to go down from 26k to maybe 15k only to then see BTC go to 73k probably learned their lesson. I don't know if they learn their lesson. It is like dumb ideas are embedded in their brains and they cannot stop doing the same thing that does not work. Wind_FURY's a great example of this idea of waiting to buy the dip, and he keeps repeating it, even though he should realize from his October 2023 experience that his waiting to buy the dip did not work out for him very well.. but he still believes it, practices it and spouts it out as if it is a great and broadly applicable idea that works, especially for poor people. Part of my problem remains his emphasis that poor people need to do something like this, which seems to make even less sense for poor people to use waiting as their investment strategy. Personally, I think that part of his problem is a kind of mixing up of the meaning of disposable income and mixing up the idea of investing money that you cannot afford to lose. So he is actually investing with money that he needs rather than what he can afford to use, so it is mixing up his cashflow management because he is likely using money that he needs rather than money that is extra. Surely, I understand that there are poor people around the world who barely have any discretionary income, so it makes it hard for them to invest into bitcoin or into anything else, and truly folks who don't have disposable income should not be investing, yet how else are they going to get ahead? They have to figure out ways to increase their income and/or to cut their expenses.. .. which truly if they are used to living hand to mouth and never having any savings or investment at all, if they end up being able to invest $520 ($10 per week) into bitcoin for a year, and then all of a sudden it goes up 2x or 3x, they won't be able to resist except to tap into that money, which might make it nearly impossible for them to ever get ahead if they cannot both invest into bitcoin and to let their investment ride for 4-10 years or longer. Another question is if someone has a weekly budget (DCA), but instead decides to wait for some mysterious reason that BTC could go down further, will that person be disciplined and put the budget aside to accumulate a potential lump sum for a later entry point? Will the weekly budget during the waiting period be consumed for other, irrelevant stuff?
I agree that is another problem with letting the cash build up, and maybe even worse for someone who hardly has any bitcoin. On the other hand, if such person already has a decent stash of bitcoin, then maybe it is not as BIG of a problem to let the cash build up, even if they end up using the cash on something else.. .. but yeah, if their real goal is to be building up their BTC stash, they might not realize how much disadvantaged they are becoming by not making the commitment to just buy BTC regularly rather than letting the fiat stash build up and run risks of getting tempted into using such cash for some other non-bitcoin purpose.. That's why time in the market could outcompete timing the market even at seemingly unfavorable prices. If someone says they invest $100 per week only if BTC goes below 40k and they don't invest for 10 weeks because it took until then for BTC to go below 40k, then the question is whether the money is still there that was supposed to be invested into BTC via a DCA method. If instead that person bought $100 BTC all the time and it went sideways, but now goes to 65k, it is still a gain of a little less than 20%.
Yep. it is true that the DCA buyer is quite likely going to end up with a higher average cost per BTC as compared with the successful buyer of the dip, yet there are some circumstances in which the BTC price does not dip to the levels of the intended buy, so then that person who is waiting gets stuck in a trap of waiting and waiting and if the BTC price goes up, there could be questions regarding if it might become more practical to raise the waiting level BTC price to that such buying on the dip becomes more likely to fill. So frequently the buying on the dip becomes way too tentative and way too whimpy, and not really reinforcing buying practices that will also contribute towards more enthusiasm and interest in studying and learning about bitcoin rather than passively waiting and not doing anything for potentially weeks, months and very extended periods of time that might even result in psychological blockages in regards to the value of holding bitcoin that might even contribute to feelings of prematurely selling rather than ongoingly buying to reinforce beliefs in bitcoin. Sure, the ongoing buyer may likely run into another problem which is running out of money when the BTC price is dipping, so there could be some value for the ongoing buyer to hold some value aside for buying on dips so that he does not feel as bad when the BTC price drops and he might not have any money remaining to be able to buy more. I am a strong believer of the "time in the market" approach. And this perfectly goes hand in hand with DCA. The only question someone has to answer for themselves is whether they believe in the technology and its long term potential or not. All the number crunching as to how much the return would be if instead of 55k someone enters at 40k is a waste of time. Again, the August 2023 - March 2024 example is only one of many.
Yep. They happen quite frequently in bitcoin, and we might not know when they are going to happen or how to exactly to prepare for them, yet when they happen, the best place to be is "in" rather than "out." It is like the example of BTC price moves to the upside happen about 10 or so days each year, and if you are not into bitcoin on those 10 days (that are not known in advance) then you lose most of your gains for the year. In other words, you gotta be in it to win it, and also you should always make sure that you are prepared for up, even if you might choose to sell some or to fail to buy or to wait, you should also consider that whatever decision that you make that is taking away from your preparation from up, nonetheless, are you still sufficiently/adequately prepared for up at all times, just in case? Each of us are responsible to answer that question for ourselves, and if we fuck up, then no one is going to rescue us. We are responsible for our own actions that include our failures/refusals to act. So far, time in the market + DCA held true. Of course you could always zoom in on a time window and see that it did not work out, but that's kind of manipulative to your own detriment. Truth is that BTC with its up and downs performed extraordinarily well. And after all, even if BTC does not go to the moon within a year or two and someone is accumulating all the time, there is is still valuable BTC in the wallet.
Yep. time in the market tends to be much better than timing the market, and so whenever we are making our DCA buys while we are accumulating BTC, we buy BTC with the belief that it is good to get in and to get more BTC. Personally, I think that there can be some times in which it takes a while for the BTC price to work itself out, and so there could be extended periods of time in which our portfolio holdings are in the negative, yet I have my doubts that there are many folks who are in the negative after a few years of ongoing DCA. Yeah, sure the more problematic portfolios would have been the ones who made decently large BTC purchases towards the top of the BTC price range, and then his subsequent DCAs at lower prices were not enough to overcome the earlier lump sum buys at higher prices, so there surely can be some BTC portfolios that might take a while to get back into profits, even after several years of ongoing BTC buying. Most of us also recognize and appreciate that there are no guarantees in BTC that it will end up being profitable, so we likely consider bitcoin as an asymmetric bet to the upside in which the most that we can lose is 100%, so in that regard, we should be choosing our BTC investment size in accordance with our weighing of these various considerations as well as considering our other 8-9 personal factors.
|
1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
|
|
|
ginsan
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2024, 08:49:31 PM |
|
This is actually once again translating into time in the market > timing the market. I mean sure somebody will always get lucky and then argue that waiting was the superior choice, but then false conclusions could be drawn because that person might think it was smart to wait. Instead it was lucky that it turned out to be successful. As your example describes, those hoping to go down from 26k to maybe 15k only to then see BTC go to 73k probably learned their lesson.
Another question is if someone has a weekly budget (DCA), but instead decides to wait for some mysterious reason that BTC could go down further, will that person be disciplined and put the budget aside to accumulate a potential lump sum for a later entry point? Will the weekly budget during the waiting period be consumed for other, irrelevant stuff?
That's why time in the market could outcompete timing the market even at seemingly unfavorable prices. If someone says they invest $100 per week only if BTC goes below 40k and they don't invest for 10 weeks because it took until then for BTC to go below 40k, then the question is whether the money is still there that was supposed to be invested into BTC via a DCA method. If instead that person bought $100 BTC all the time and it went sideways, but now goes to 65k, it is still a gain of a little less than 20%.
I am a strong believer of the "time in the market" approach. And this perfectly goes hand in hand with DCA. The only question someone has to answer for themselves is whether they believe in the technology and its long term potential or not. All the number crunching as to how much the return would be if instead of 55k someone enters at 40k is a waste of time. Again, the August 2023 - March 2024 example is only one of many.
So far, time in the market + DCA held true. Of course you could always zoom in on a time window and see that it did not work out, but that's kind of manipulative to your own detriment. Truth is that BTC with its up and downs performed extraordinarily well. And after all, even if BTC does not go to the moon within a year or two and someone is accumulating all the time, there is is still valuable BTC in the wallet.
Waiting is a backup option assuming it will happen in the next few days. For example, if you set a strategy with several divisions of your cash flow such as reserve funds or regular funds. Reserve funds can be used to wait for the opportunity to buy at a falling price. While regular funds are used every week with routine accumulation that is done. Yes, the conclusion is buying regularly with DCA + with waiting purchases with reserve funds, this strategy should have been planned by someone before they started investing. Buying dips or waiting is one of the best ways to increase btc ownership by going hand in hand with DCA every week. I think the criteria for collecting a weekly budget in order to be able to wait for the price to drop far is an unwise decision. Yes, that's just my opinion because instead of waiting longer, of course they can be assumed as someone who continues to postpone purchases.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
Samlucky O
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 12:23:05 AM Merited by JayJuanGee (1) |
|
Newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin.
I disagree with you here. Finance is a general need for both new and old investors and no one would want to start an investment if he does not have capital. What is the essence of starting an investment when you don't have a fund? What a new investor needs which is important at that entry level is a basic knowledge of Bitcoin investment without that they are bound to lose their investment at that early age. Let me tell you something before you go ahead and make mistakes in life even if I do not have the right to advise you financially. But understand this fact, don't start any investment whether Bitcoin investment or not without figuring out how to go about the investment. For a better understanding, you need to know the nature of the investment after your capital has been realized. Investing without knowledge is like an empty barrel, it's useless. Still, when we want to start investing, we must know the basic knowledge about bitcoin, how good the future of bitcoin is, and how bitcoin works, if it feels suitable and understands then you can invest because you already understand bitcoin. Except about bitcoin technicalities, then you don't need to understand this is usually used by developers. Before starting, of course we must prepare ourselves, such as stable finances, long-term planning, always ready for emergency funds, prepare mentally, and make sure you can be consistent with bitcoin investment because there are so many ways to start including the DCA strategy. Theirs no one that invested in Bitcoin without acquiring the knowledge or experiencing the method other people apply for the investment, for you to make profit for investment of Bitcoin you have already know the difference between long-term investment of Bitcoin and short-term investment of Bitcoin, so if you don't know these two things I believe that you will not make profit from bitcoin investment, You should also learn strategy to mitigate your spendings to be Able to accumulate a sizable amount within the time frame or the time horizon of your investment without fucking up down the road. Because most folks who thinks that investment is all about long time or short term without also learning how to manage their fund properly may end up over spending or mismanage their fund and later sell off their starshes due to little dip in price of bitcoin or wrong speculation. I think the major thing to Focus in bitcoin investment is to have a sizable upfront amount to be able to keep the accumulation process continuously till a reasonable amount is achieved without deviation or panic of selling withing a short period of time when their is down trend. Because surely one factor of an investor is also patient, an investor who is not patient may not be able to make profit in the lung run, because surely he will be tempted to sell off without meeting up their goals. so what I notice that make people to lose in bitcoin investment is miscalculation and greedy, this is the things that makes people to lose their investment.
Like I said lack of patient, Lack of planing, lack of Focus is also a factor in addition to your sudjestion is what makes people not to achieve a reasonable amount or stop to invest in bitcoin. But for the other statement you made here " lose their investment" I don't know what you mean. Because it's suely looks like it portrays another meaning from your intended meaning like a hack or stolen btc.
|
|
|
|
synchronym
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 01:38:48 AM |
|
I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it. and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.
Before starting investment it is of course most important to gather knowledge about investment. Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin. Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you. I think this can be confusing for newbies, as an uninitiated investor will never invest directly in Bitcoin. Because a person will be willing to invest only if he has the knowledge to invest in the beginning. And this will be the positive point for new and old investors to invest in DCA method. Because both new and old investors can get success following this method, it is possible to invest in this method for a long time. But the more risk-taking capacity is created among investors, the more bitcoins they can hold in the long-term. Because the DCA method is the key to success in investing in Bitcoin, it is proven that those who have held Bitcoin in the past and up to the present time will only reap massive benefits in the current period. Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing.
|
|
|
|
Zackz5000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 04:41:04 AM |
|
I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it. and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.
Before starting investment it is of course most important to gather knowledge about investment. Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin. Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you. I think this can be confusing for newbies, as an uninitiated investor will never invest directly in Bitcoin. Because a person will be willing to invest only if he has the knowledge to invest in the beginning. And this will be the positive point for new and old investors to invest in DCA method. Because both new and old investors can get success following this method, it is possible to invest in this method for a long time. But the more risk-taking capacity is created among investors, the more bitcoins they can hold in the long-term. Because the DCA method is the key to success in investing in Bitcoin, it is proven that those who have held Bitcoin in the past and up to the present time will only reap massive benefits in the current period. Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing. Acquiring enough knowledge before Investing into Bitcoin may lead to delay in accumulating Bitcoin, the time you will use in acquiring enough would have been an opportunity to accumulate enough Bitcoin. You can get fucky started now and acquired more about Bitcoin investment when you are already into Bitcoin investment, waiting to acquire enough knowledge may also lead to procastination so I think the best is not to wait to learn more or know more about Bitcoin before venturing into it but to get started and figure out more about Bitcoin when you are into it because delay in Bitcoin accumulation maybe very dangerous so it is better you get started now and start accumulating more Bitcoin for there is not time to be waiting to acquire enough knowledge before going into Bitcoin investment.
|
|
|
|
Hatchy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 06:25:33 AM |
|
Acquiring enough knowledge before Investing into Bitcoin may lead to delay in accumulating Bitcoin, the time you will use in acquiring enough would have been an opportunity to accumulate enough Bitcoin.
You can get fucky started now and acquired more about Bitcoin investment when you are already into Bitcoin investment, waiting to acquire enough knowledge may also lead to procastination so I think the best is not to wait to learn more or know more about Bitcoin before venturing into it but to get started and figure out more about Bitcoin when you are into it because delay in Bitcoin accumulation maybe very dangerous so it is better you get started now and start accumulating more Bitcoin for there is not time to be waiting to acquire enough knowledge before going into Bitcoin investment.
I keep reading through most of your replies on this thread and to me is all bullshit. Again your quoting habit is bad. How will you rush invest in something you have no knowledge about? Isn't this what we call the FOMO? Just because you feel that you might miss out on the potential profits from investing in BTC, then you rush into buying? There's nothing like no time when it comes to Bitcoin investment. There will always be a chance for you to jump into the train. Acquiring proper knowledge first is the best way to enjoy your BTC investment. This way you don't end up getting scared in little dips that come in the market and then end up selling at the wrong time. That's the initial purpose of this thread. You again knowledge, buy the dip then hodl
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Btcdeybodi
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 10:00:42 AM |
|
Acquiring enough knowledge before Investing into Bitcoin may lead to delay in accumulating Bitcoin, the time you will use in acquiring enough would have been an opportunity to accumulate enough Bitcoin.
You can get fucky started now and acquired more about Bitcoin investment when you are already into Bitcoin investment, waiting to acquire enough knowledge may also lead to procastination so I think the best is not to wait to learn more or know more about Bitcoin before venturing into it but to get started and figure out more about Bitcoin when you are into it because delay in Bitcoin accumulation maybe very dangerous so it is better you get started now and start accumulating more Bitcoin for there is not time to be waiting to acquire enough knowledge before going into Bitcoin investment.
I keep reading through most of your replies on this thread and to me is all bullshit. Again your quoting habit is bad. How will you rush invest in something you have no knowledge about? Isn't this what we call the FOMO? Just because you feel that you might miss out on the potential profits from investing in BTC, then you rush into buying? There's nothing like no time when it comes to Bitcoin investment. There will always be a chance for you to jump into the train. Acquiring proper knowledge first is the best way to enjoy your BTC investment. This way you don't end up getting scared in little dips that come in the market and then end up selling at the wrong time. That's the initial purpose of this thread. You again knowledge, buy the dip then hodl @Hatchy, we all are here to learn and sometimes we make mistakes and believe me if there's no mistake there wouldn't be corrections and the reason why this thread have been active for years now is because even people that got some knowledge through this thread do come back again for more clarification and I believe those are the primary reasons why @JayJuanGee have also been following up this thread for a long time now so if you are observing someone saying shits here the best is to call them no order instead of concluding that they are saying bullshit. I went through the merit history of Zackz5000 and saw he earned some merits from Jayjuangee perhaps his bullshit still got him Merits. What am trying to say is that we can equally correct each other without demeaning or degrading ourselves as a result of the mistakes we made. Looking at the reply you quoted, the only mistakes I saw he made was saying that getting enough knowledge about Bitcoin before starting to make investments may lead to delay in accumulations which is a very wrong statement he made there because Bitcoin is an asset of ease, no one should be under any pressure to invest in Bitcoin and investing in a valuable asset like Bitcoin should be done on personal conviction and not based on persuasion to invest. However, anyone can decide either to start making investments in Bitcoin before sorting for a wider knowledge or to also acquire more knowledge about Bitcoin before venturing into it but the only thing I could figure out from what Zackz5000 is saying is that waiting to acquire all the necessary knowledge can lead to procrastination of which it's true reason being that a new investor might see the price of Bitcoin as being too high after getting the fundamental knowledge and may be thinking that it's not the right time to invest which can make them to start waiting for a DIP before they buy and in the process of waiting for the appropriate time they wish to invest, they might start developing mixed feelings which can end up not accumulating again. Your last line about gaining knowledge then buy the DIP and HODL, what if the DIP doesn't come after gaining knowledge should they not invest?. For all I know, knowledge is practical so what will be the essence of acquiring knowledge without actions (investing)? Perhaps the both can go simultaneously. However, no one can have a complete knowledge about Bitcoin investment but as we invest we learn continually.
|
|
|
|
Ruttoshi
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 448
Merit: 365
Baba God Noni
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 10:40:21 AM Last edit: September 08, 2024, 11:12:13 AM by Ruttoshi Merited by JayJuanGee (1) |
|
Acquiring proper knowledge first is the best way to enjoy your BTC investment.
Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment.
A novice to bitcoin who doesn't know anything about bitcoin but want to start investing in bitcoin because he believes in bitcoin as a store of value or an investment will only need to learn the basic knowledge of bitcoin before he can start buying. This is because he only needs to be buying bitcoin alone and nothing more, while he can be learning of other aspects of bitcoin when you has started buying because his plan is to invest in bitcoin for a long-term, so he has enough time to learn whatever he wants to know. What are some of the basic knowledge of bitcoin. -Invest with your extra cash i.e part of your discretionary income. - Invest and hodli for a long term to reduce the risk of volatility. -how to open an account in an exchange and buy bitcoin. Bitcoin proper knowledge is too broad for a new beginner to learn before he starts investing because it can gake up to two years and more still you have not known everything because bitcoin technology is being developed on time to time to increase the security and that is why it was an open source so that everyone is welcome to contribute to the development. I believe that you Hatchy don't have 80% of bitcoin knowledge including technical but you have a bitcoin investment. The best wallet to use can also be learnt during investing. A brand new investor only needs to have the basic knowledge of bitcoin and figure out how much from his discretionary income he will use to buy bitcoin that will enable him keep on buying continuously every week or month for 4-10 years and above, while he learns whatever he wants to know along side with investing. If the new beginner does not have any reserve funds, he can build his bitcoin investment with one part of his discretionary income and use the other part for his emergency funds because it is very compulsory to have an emergency funds. Investing is bitcoin is better done by pratical because that is when you will feel the emotions of the market ups and down and will be able to sacrifice, be patient and discipline yourself till you reach your bitcoin target so that you can keep buying and not sell when it is not of your will. This way you don't end up getting scared in little dips that come in the market and then end up selling at the wrong time. That's the initial purpose of this thread. You again knowledge, buy the dip then hodl
A new investor does not need to wait for the dip before he start his bitcoin journey, because it is impossible to know when the dip will come and it will be useless waiting for the dip that may come or not. What if the dip did not come, it means that he will keep waiting and waiting, missing all tge opportunities in the market assuming he got started immediately. DCA method is good for beginners to start buying their bitcoin with so that they can continue buying regularly and growing their bitcoin investment overtime because the more you wait, the less bitcoin you buy and you should know that bitcoin price waits for no one.
|
| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
|
|
|
Promocodeudo
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 11:08:09 AM |
|
I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it. and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.
Before starting investment it is of course most important to gather knowledge about investment. Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin. Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you. I think this can be confusing for newbies, as an uninitiated investor will never invest directly in Bitcoin. Because a person will be willing to invest only if he has the knowledge to invest in the beginning. And this will be the positive point for new and old investors to invest in DCA method. Because both new and old investors can get success following this method, it is possible to invest in this method for a long time. But the more risk-taking capacity is created among investors, the more bitcoins they can hold in the long-term. Because the DCA method is the key to success in investing in Bitcoin, it is proven that those who have held Bitcoin in the past and up to the present time will only reap massive benefits in the current period. Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing. I don't get what you mean by acquiring enough knowledge before you can invest, with what I know the knowledge you need as a newbie is just to know the basics like how to buy Bitcoin, the best wallet you can use to hold your Bitcoin and how to DCA to enable you to buy the little you can slow and steadily continuously as for having enough knowledge before someone can invest as you said, I don't think that is part of the investment, don't forget that having enough knowledge can be discouraging because there are misleading news and articles that intending investors may come across that may discourage them to discontinue their plan to invest. Remember there are some aspect of this investment that we learn in the system, as spectators there are things you won't learn once you are not into the investment, when it comes to Bitcoin investment we should know that it's a long-term investment which requires perseverance and endurance to continue the journey to our expected destination as such we should abide by the aforementioned terms to get keep accumulating for us to have a bulky portfolio.
|
| DAKE.GG | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | │ | | │ | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | PLAY NOW | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
Justbillywitt
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 11:38:34 AM Merited by JayJuanGee (1) |
|
Acquiring enough knowledge before Investing into Bitcoin may lead to delay in accumulating Bitcoin, the time you will use in acquiring enough would have been an opportunity to accumulate enough Bitcoin.
You can get fucky started now and acquired more about Bitcoin investment when you are already into Bitcoin investment, waiting to acquire enough knowledge may also lead to procastination so I think the best is not to wait to learn more or know more about Bitcoin before venturing into it but to get started and figure out more about Bitcoin when you are into it because delay in Bitcoin accumulation maybe very dangerous so it is better you get started now and start accumulating more Bitcoin for there is not time to be waiting to acquire enough knowledge before going into Bitcoin investment.
How will you rush invest in something you have no knowledge about? When it come to Bitcoin investment and holding for long, I have have seen people with zero knowledge at the initial stage getting into bitcoin and successfully held onto it. At the end it turned that the investor became successful with it. There are people who invested in bitcoin through the influence of others who probably knew more about bitcoin than they do and it turned out very well for them. I will use a practical example of what happened when I was in the university. My first year in school, a friend of mine who his elder brother knew Bitcoin investment asked us to invest in bitcoin as early as 2016. I refused back then because I felt I knew nothing about it and I needed to learn about bitcoin investment first. My friend invested some good amount of money in it, he just decided to follow his brother advise. He bought the Bitcoin and stored it in his wallet and deleted the wallet from his phone, after storing the seed phrase securely. When we graduated from University that was when he referred back to the wallet where he stored his bitcoin and he saw a reasonable amount of money far beyond what he invested. At that point he said there was no need to look for a job as he has enough capital to set himself up. It was then he began to learn more about bitcoin and making more research about it. Myself on the other hand I didn't invest back then, and even when I finally got the knowledge about bitcoin, I already used up the cash I had back then so I was hindered from investing because of no cash available. So between me and my friend, I became a man with knowledge but without bitcoin, while my friend was the person that jumped in back then, had Bitcoin success from the investment he made with zero knowledge back then. He still got the knowledge later on after successful holding his bitcoin for over 6 years. So between me and him I became the foolish one while he was considered the wise one. Bitcoin investment defies human logics, he was considered the wise one because he invested and got the knowledge after many years. The knowledge is not what's going to bring in the cash that will be used to make the first and subsequent purchases. Sometimes we can leverage on other people's knowledge and make firm decision that will better our lives, we must not get our own first hand knowledge at the initial stage. We can figure things out later on. Isn't this what we call the FOMO?
You can call it whatever you like, but when it comes to Bitcoin I think it's worth it. Let's not allow the meaning that others assigned to words or alphabet define us and our investment decisions. Bitcoin is not a pump and dump Coin. Just because you feel that you might miss out on the potential profits from investing in BTC, then you rush into buying?
But there is nothing wrong in jumping into buying bitcoin. This is Bitcoin we are talking about and not just some stupid shitty coins. After all those who made the decision to jump into buying bitcoin years ago and has held it for long time hasn't regretted doing that. This year Bitcoin broke the last ATH and set another one. So it has been more of an upward trends than downward trends over the years. Provided an investor has his funds and he is determined to hodl Bitcoin for long, and the investor has set up his emergency funds and reserved funds and have sources of income, I don't see anything bad in jumping into bitcoin investment. There's nothing like no time when it comes to Bitcoin investment.
Actually there is, last year was a better time to buy bitcoin, if you missed it then, last month was better, if you missed it then too, last week was, if you missed also, yesterday was perfect if you missed yesterday then today is a good time to buy bitcoin than waiting for tomorrow. As no one knows the direction that bitcoin will be heading when tomorrow comes. Acquiring proper knowledge first is the best way to enjoy your BTC investment.
This might not actually be true, as the choice of acquiring proper knowledge or not is subjective to individual investors and preferences. As there are no laid down principles as regarding if an individual should acquire proper knowledge or not before buying and enjoying Bitcoin investment.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | | | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Zackz5000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 11:52:24 AM Last edit: September 08, 2024, 02:24:43 PM by Zackz5000 Merited by JayJuanGee (1) |
|
Acquiring enough knowledge before Investing into Bitcoin may lead to delay in accumulating Bitcoin, the time you will use in acquiring enough would have been an opportunity to accumulate enough Bitcoin.
You can get fucky started now and acquired more about Bitcoin investment when you are already into Bitcoin investment, waiting to acquire enough knowledge may also lead to procastination so I think the best is not to wait to learn more or know more about Bitcoin before venturing into it but to get started and figure out more about Bitcoin when you are into it because delay in Bitcoin accumulation maybe very dangerous so it is better you get started now and start accumulating more Bitcoin for there is not time to be waiting to acquire enough knowledge before going into Bitcoin investment.
I keep reading through most of your replies on this thread and to me is all bullshit. Again your quoting habit is bad. How will you rush invest in something you have no knowledge about? Isn't this what we call the FOMO? Just because you feel that you might miss out on the potential profits from investing in BTC, then you rush into buying? There's nothing like no time when it comes to Bitcoin investment. There will always be a chance for you to jump into the train. Acquiring proper knowledge first is the best way to enjoy your BTC investment. This way you don't end up getting scared in little dips that come in the market and then end up selling at the wrong time. That's the initial purpose of this thread. You again knowledge, buy the dip then hodl Hahahahaha you are very funny @Hatchy most of my post in this thread may look bullshit to you and still make a meaning to other person's here you sounds as if we are issues here but am really excited that you are always going through my bullshit post . If you are educated enough you will know that there is a different between having a basic knowledge and having proper knowledge as you have just said. It is good to have some basic knowledge before into Bitcoin investment but waiting to get all necessary proper knowledge is the area am saying is not good because there is no way you can get proper knowledge without being into Bitcoin investment for that is when you will know more about how Bitcoin investment works for you can't be outside and know all what is happening inside you must be an insider. So what am saying is to get started so you will know more however Bitcoin investment works.
|
|
|
|
Zanab247
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Online
Activity: 1316
Merit: 190
Catalog Websites
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 11:53:48 AM |
|
I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it. and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.
Before starting investment it is of course most important to gather knowledge about investment. Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin. Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you. I think this can be confusing for newbies, as an uninitiated investor will never invest directly in Bitcoin. Because a person will be willing to invest only if he has the knowledge to invest in the beginning. And this will be the positive point for new and old investors to invest in DCA method. Because both new and old investors can get success following this method, it is possible to invest in this method for a long time. But the more risk-taking capacity is created among investors, the more bitcoins they can hold in the long-term. Because the DCA method is the key to success in investing in Bitcoin, it is proven that those who have held Bitcoin in the past and up to the present time will only reap massive benefits in the current period. Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing. That is why you must take the risk in the bear market to invest some money in BTC before you can be able to earn profits, when other people that invested in BTC are earning profits because the risk is very important to those that take the step always to invest what they can afford to lose in BTC investment. Having the knowledge of BTC before buying BTC from the market, it will open your eyes to see many opportunities that will make you to hodl for long period of years because that is what some newbies that lack the knowledge of BTC are experiencing from the market, which they need to have the knowledge to improve in the BTC investment. I guess patience is among the knowledge we are talking about here, because once you have the knowledge and patience in your BTC investment, you will never fall victim of buying BTC when the price is high in the market because you no that it will not allow you to buy plenty of BTC than to exercise patience for the price to dump to your satisfaction before you can buy and hodl for long.
|
████████████████████ BitList ████████████████████ Real-Time Data Tracking Curated by The Community │││││││││││││ List #kycfree Websites │││││││
|
|
|
Salahmu
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 12:28:33 PM |
|
Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing.
What do you mean when you say we should invest in Bitcoin with careful, there is nothing to be careful about investing in Bitcoin because is not like putting your money into investment that would claim all your funds because is one of the most safest digital investment you can ever think of, so instead of the word being careful I think you have use the word investing with what you can afford because that's the only way to represent the careful you are talking about, also not everybody that believes that Bitcoin is as risky as you believe because to some persons is the best investment that has lesser risk compare to others, so perhaps it seems is from the experience you had from the kind of investment you were doing that made you think that way
|
|
|
|
bestcoins1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 01:58:23 PM |
|
Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing.
There is no need to be too afraid of the risk in investing in Bitcoin as long as you still believe in Bitcoin and still have a long-term plan to keep holding it and also buy it when you have funds that you can still use for it. Because sometimes the fear of the risk can also make some people hesitate to start investing in Bitcoin and will not lead them easily to continue to like Bitcoin in the long term because they remember the risk too much. Indeed, in terms of investment, knowledge and patience are needed as well as caution in choosing and storing the assets that have been purchased, but this is not to scare more people, which could make people not dare to take steps.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
Out of mind
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Online
Activity: 574
Merit: 288
I like to treat everyone as a friend 🔹
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2024, 02:33:46 PM |
|
I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it. and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.
Before starting investment it is of course most important to gather knowledge about investment. Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin. Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you. I think this can be confusing for newbies, as an uninitiated investor will never invest directly in Bitcoin. Because a person will be willing to invest only if he has the knowledge to invest in the beginning. And this will be the positive point for new and old investors to invest in DCA method. Because both new and old investors can get success following this method, it is possible to invest in this method for a long time. But the more risk-taking capacity is created among investors, the more bitcoins they can hold in the long-term. Because the DCA method is the key to success in investing in Bitcoin, it is proven that those who have held Bitcoin in the past and up to the present time will only reap massive benefits in the current period. Bitcoin investment is inherently risky and we should invest with that risk in mind. But we must be very careful in investing in Bitcoin, if we can invest carefully, Bitcoin can achieve a lot of success. Those who are new to Bitcoin investment must acquire enough knowledge about Bitcoin before investing in Bitcoin. If they do not acquire enough knowledge about Bitcoin then they will not achieve good success in Bitcoin investment. Sometimes it is seen that even experienced investors lose patience so definitely our patience is very important when investing in Bitcoin. If we can invest with patience and long-term planning, surely we will be successful in investing. I would say that Bitcoin investment is risky for people who are not experienced with Bitcoin, moreover Bitcoin is the most reliable coin in cryptocurrency. But it is true that every person should be cautious before investing, otherwise it is always good for a person to be cautious as he may face losses at any time. Those who are new to Bitcoin investment should not only acquire knowledge about Bitcoin but also have long term plan in mind as investing is never profitable if it is short term. When an investor invests he must hold which will give him good success in future so investing in bitcoins cannot be profitable in short term so invest for long term. Patience is definitely one of the most important things in investing, the more patience one can achieve in the future, so knowledge and experience and patience are necessary for all investors before investing.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | | | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
laijsica
|
Newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin.
I disagree with you here. Finance is a general need for both new and old investors and no one would want to start an investment if he does not have capital. What is the essence of starting an investment when you don't have a fund? What a new investor needs which is important at that entry level is a basic knowledge of Bitcoin investment without that they are bound to lose their investment at that early age. Let me tell you something before you go ahead and make mistakes in life even if I do not have the right to advise you financially. But understand this fact, don't start any investment whether Bitcoin investment or not without figuring out how to go about the investment. For a better understanding, you need to know the nature of the investment after your capital has been realized. Investing without knowledge is like an empty barrel, it's useless. Still, when we want to start investing, we must know the basic knowledge about bitcoin, how good the future of bitcoin is, and how bitcoin works, if it feels suitable and understands then you can invest because you already understand bitcoin. Except about bitcoin technicalities, then you don't need to understand this is usually used by developers. Before starting, of course we must prepare ourselves, such as stable finances, long-term planning, always ready for emergency funds, prepare mentally, and make sure you can be consistent with bitcoin investment because there are so many ways to start including the DCA strategy. Theirs no one that invested in Bitcoin without acquiring the knowledge or experiencing the method other people apply for the investment, for you to make profit for investment of Bitcoin you have already know the difference between long-term investment of Bitcoin and short-term investment of Bitcoin, so if you don't know these two things I believe that you will not make profit from bitcoin investment, so what I notice that make people to lose in bitcoin investment is miscalculation and greedy, this is the things that makes people to lose fotheir investment. In the early stages of investing in Bitcoin, a investor should have the knowledge to accumulate beyond the traditional knowledge. Traditional investment concepts often promote trading concepts that encourage long-term holding and accumulation when investing in Bitcoin. If you want to continue depositing Bitcoin with the DCA strategy you should make a long-term decision because you need to remember that it is a valuable asset and its growth can make you much richer over time. A new investor should not tend to profit from bitcoin as he has to keep depositing first no matter what the amount may be. If he has a system of disposable income and can turn at least 2 cycles from it. Or he may be recommended to hold for longer and run more accumulations during price dips. Miscalculating when you invest means you put on a veil of short term planning that differs from long term investing or accumulate. Yes it is very important to have cash flow to reduce the tendency to get greedy when investing which can see an investor through the long term plan. I think there must be a balance between having cash flow and doing DCA on a long term basis. In conclusion I should say that in a long bitcoin cycle an investor should have at least 6 months to 2 years of cash flow so that he can keep buying and holding more than every bearish.
|
███████████████ D u e l b i t s ORIGINALS ►►► PLAY KENO [NEW] ███████████████ ◥ Dice ◥ Mines ◥ Plinko ◥ Duel Poker ◥ Dice Duels ███████████████ 10,000x MULTIPLIER | NEARLY UP TO50% REWARDS ███████████████
|
|
|
|