Don't buy the DIP
Time to time happen, the DIP arrive and is moment to buy. But how you do it if you don’t have money to buy the DIP? Simple, you don’t and is better to do the peace with that.
Yes, if better if you save some cash liquidity for when the DIP comes and believe me, there is a lots of it in the future. However, not always is possible buy the DIP because different reasons: you don’t earn enough or have so many expenses, you already invest all your money in Bitcoin, there is not Bitcoin liquidity in your P2P exchanges, etc.
It can be frustrating but is not the end of the world, remember, even if you accumulate 1000 USD of Bitcoin in the next year that it wouldn’t do the difference to make you do it (this means you will not be millionaire). So your purpose cannot be buy Bitcoin, it has to be create a business or passive incoming that allow you buy Bitcoin frequently (at least one buy each month) and save money for buy the DIP when it come.
This is important because even if you don’t invest in Bitcoin at all you will be in better position that a great percent of the people surround you. Have in mind that Bitcoin is just a tool, and you must not expect a tool make things for you, is precise that you use the tool for make things by your own.
My advice is, if you don’t have monetary conditions to buy Bitcoin don’t buy the DIP. Don’t go in debts for that, build your business or invest in one that give you monthly or trimester dividends and then with the profit stake Bitcoin. If your economic situation is very bad, then prioritizing your health and mental sanity, this are two things that one you lose its almost impossible recover its. Sacrifice health for wealth is almost always a bad deal.
Recommended readings:
https://ecency.com/hive-10053/@yecier/ganar-interes-con-bitcoin-desde
https://ecency.com/hive-167922/@yecier/earn-a-bitcoin
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Great content, thanks for the tips and contribution.
w/Rgds,
Thank you for reading and engage with me
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