Post
Topic
Board Bitcoin Discussion
Topic OP
Ignore the dip and Invest in Bitcoin for long term
by
Superdoctor
on 26/06/2022, 07:19:08 UTC
Take Bitcoin as a long term investment and just forget it like it’s in a long-term investment account. Don’t let your emotions get too much into it else you might make the wrong decision and sell at the wrong time. No matter if crypto is going up or down, the best thing you can do is to not look at it. That’s exactly what I do especially now that it’s dipping, I don’t want to stress over it because I believe if I hold and wait patiently Bitcoin is going to rise again.
 My all time investment strategy is buying more when crypto is dipping, holding and selling back when it increases. In 2020 I bought ethereum when it was $700 and sold when it was $4000 in 2021. Within 2020 and 2021 when the price was going up and down, I decided to ignore the dip and hold on to it till I eventually sold at a good price.
 This is the right time to buy more cryptocurrencies especially Bitcoin because the  more people come into the market and increases their demand for it, its value continues to grow rapidly.