Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 30/06/2023, 21:27:48 UTC
When the probability of a bitcoin price going to zero or worthless is very low, then maximize your chances. Agree or not, many of us expect these investments to provide great returns in the long term due to their high price volatility. Supply and demand are impacted by strong fundamentals like halves and other support from whales, so when we worry too much about low probabilities it will ultimately affect your decisions and plans in the long term.

It's just that, you still need to pay attention and consider the risks. Pushing yourself too hard to maximize investment opportunities is also not good, because indirectly you may have neglected your responsibility for other needs. Set aside a few percent for your needs, it is also meant that you don't change your investment plan too much in the middle of the road. For example, have a reserve budget.
It is a pattern of strategy that must be thought of early on.  where when the price drops, let's say the price drops more aggressively than the existing influences, whether it's a war or a fall such as FTX or Terra Luna which has quite a big impact on market movement situations, then that's when we will move to buy with the reserve funds that we have prepared early on. May happen in the future or not but for sure we have to have a strong budget stock in case of something like that.

Indeed, in the last 10 years we have seen many big impacts that have prevented Bitcoin from moving forward, both from the government or the Fud, where they developed a neater strategy to bring down the price of Bitcoin. But also in the last 10 years we have seen that Bitcoin is too strong and is able to return significant price strength year after year. Therefore we are not too worried about strange things and we will always be ready to take advantage of this opportunity to buy Bitcoin within the capabilities of our budget. Well one other thing there is no aggressive plan for us in accumulating Bitcoin because the budget must be adjusted according to the level of needs in daily life and the level of the budget that must be used to invest.