Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
kesmex
on 12/08/2022, 12:25:07 UTC
buy the dip and hold is perfect at times like this, the price of Bitcoin is down -60% from ATH,
and altcoins have fallen more than -85% from ATH, of course this is a good opportunity for long-term hold,
because when the bullish season has started, then the profit you have will be very large, so just hold the altcoin you like
I also thought it was a really good idea, so I still make some purchases on coins that I like including buying Bitcoins. but some people are still afraid to buy and hold the coins they like and also don't want to be patient waiting for the next bullish season to come Because I personally am still very sure that the next bullish season will definitely come again although it is impossible to predict when that time will come.
I am also the one who bought some coins including bitcoin, and after buying it forget it. We'll wait when it goes up again, I believe in this way we will be able to get big profits because the price of the coin is now down or low, very suitable for long-term investments.

right now it is very suitable to buy and invest long-term, but what if you have bought at a high price when the Bitcoin price is still at $50k?,
I hope that for all it is better to avoid long-term holding, because cryptocurrencies are very risky.