Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Macoach
on 04/09/2023, 19:15:42 UTC
However as your holdings of Bitcoin grow and our goals evolve, other strategies such as buying on dips and lump sump buying start to appear more appealing.
I'm not necessarily endorsing any of these types of strategies, I'm more of a dollar cost averaging/long term holder kind of a guy, but if you do insist on gambling trading then you should be more careful. Maintain a unique strategy would be a good idea but when you think you want to adopt other kind of strategy because you feel your good at DCAing you might lose what you have accumulated for years.... ITS NOT ADVISABLE!
Everyone is ready with all the risks because the fluctuating price of btc will make someone have to think about everything they are ready to face.
I understand your point but it is more than that. BTC has generally been pretty stable over the past few months, compared to lifetime volatility and to anyone who gets scared because of the fluctuating price of btc sholud be ready to get disappointed. What i have come to realize is that you haven't lost anything until you cash out