Post
Topic
Board Bitcoin Discussion
Re: Strong Hands Are Buying
by
Fiatless
on 14/12/2022, 07:10:43 UTC
the topic is about strong hands and this does not care anything about what you said .

We as Bitcoin Hodlers will always keep our eyes in opportunity to buy and buy caring nothing about those thoughts , who cares of the correction and vulnerabilities ? if you trust the coins and invested money that you can afford to lose(of course money is important but we must knew what to lose or risk) everything will be fair and good in the long term process.
I am glad to hear that you are very optimistic as a bitcoin holder and will try to take advantage of market conditions to invest more. Your step is right, but you also need to make some adjustments to your funds so that they don't interfere with your needs as well as your desire to invest. Apart from that you also need to consider vulnerabilities especially about security, I mean you have to be able to have proper custody of your own bitcoin where you need to consider a secure storage wallet.

You still have to watch for corrections if you really want to increase the bitcoin in your portfolio. This means that you need to consider DCA as well as other strategies so that you can take advantage of market fluctuations to get better prices.


Before now I had a standing order with my bank where I kept some extra funds that I don't need for my upkeep. Although the bank promised interest from my daily savings I decided to stop terminate this agreement and transfer the funds to Bitcoin investment. I might not know technical analysis but my plan is just simple, which is to buy Bitcoin every month no matter how small from my extra funds. I am willing to keep buying regardless of the price until I retire from my work. This is because I believe that considering the economic uncertainties in my country, Bitcoin is one of the best forms of investment currently.