Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Falconer
on 05/07/2023, 19:10:00 UTC
I am a lazy person and don't really want to waste time with several candles and momentum expectations every day so with conditions like this I prefer to buy bitcoin and wait for it like for several conditions and my target as before.
Sounds good, of course much more recommended than selling bitcoins for altcoin. Buy and hold for the long term and ignore price volatility is what many recommend when you want to get good returns in the future. You are still required to manage everything including living expenses, health costs and the like, and that's why budget diversification must still be an important part of maintaining this investment plan.

Regarding the target, there is a lot of potential to set it at a higher price in the next few years. Halvings seem to increase the value of bitcoin naturally due to supply and demand factors, but we never know where the ATH is highest. I believe we have to get out of a certain position and build again, but not for everyone who has a different mindset and investment plan.