Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 01/09/2023, 19:29:40 UTC
When we invested in bitcoin, we are expected to know that the target time we may plan for the release may not work in line to been favourable for us to sell especially when the market dips and we have already targeted a precise month for sell, there are many experience some had been through in this regard, since knowing that bitcoin is not a market we can predict the outcome of the future market value at any certain time, we must only try to hold for as long as we are capacitated enough to endure till we have every reasons to release when the market becomes favourable on us to sell at a good rate.

Sure there is nothing wrong with having ideas for selling, but that's not the topic of this thread. 

This is not the "all things bitcoin" thread.

It has a specific topic and a specific emphasis.. and so even though the topic is not about DCA, DCA is directly another kind of way to go about accumulating bitcoin which would be part of the reason for buying dips and HODL...

sell is the other direction.. and meandering away from the topic, even though surely people think about those kinds of things when getting into bitcoin, and I specifically recall when I first got into bitcoin I wanted to make sure that I had at least one or two potential off-ramps, even though I was not sure if I was going to end up exercising such off-ramps, it was good to know that they were available.. just in case.

A similar thing could happen when buying and buying and buying.  There could be some points in which we might get uncomfortable in the sense that we might have bought too much (in terms of our own financial and/or psychological circumstances).