Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
rachael9385
on 05/09/2023, 22:43:06 UTC
Every investor's own thinking creates their own investment strategy. Every investor should have a reserve fund to make proper investments. But before deciding to invest it is important to have a proper plan to hold for the long term. The current Bitcoin market is bearish so now is definitely a good time to invest if the right plan is presented. This opportunity should not be missed to buy the most that the Bitcoin market has to offer for long-term holders.
In general everyone says as you said where the bearish moment is the right time to buy Bitcoin. But the right time to buy Bitcoin is when you hit the buy button and clear the worries in your mind. That's why purchasing moments don't have to be done aggressively if we don't have a lot of money because you can adjust each purchase level gradually by having Usdt reserves in your portfolio to accumulate Bitcoin in every downturn that occurs. Some big investors maybe they do every quarter so they won't be racing on short-term price declines because they implement long-term investments like some big investors do. But for those of us with small capital, maybe we do it every week with a small amount because we have to balance every turnover of money for living needs and also investing in Bitcoin.
@ginsan exactly, you are absolutely right. When someone hits the buy button, that's the right time and also. But a person has become an investor, but I want to add something to that also, when the person hits the buy button and it shows SUCCESSFUL that's the right time and nothing can stop the person from profiting unless his own self. Now I can imagine myself how I was feeling when I didn't hit the buy button then. It was like OH WHEN IS THE RIGHT TIME, and it was troubling me as of them, but now I am a free-minded person because I don't always go to my wallet to check prices. Yes, it is not a good start for someone who doesn't have a lot of money in his account to start an investment, because if the person runs out of cash and has no way to get money, the person might end up selling his coins.
On second thoughts, people who don't invest with bigger capital should hold for long so they can profit bigger.