Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Salahmu
on 29/09/2023, 13:37:17 UTC
⭐ Merited by JayJuanGee (1)
I have learnt never to sell my Bitcoin with the hope of buying it back  when price supposedly reduces. There is a high chance you will never replenish the Bitcoin.
Yeah that's cool you have a psychology of a good investor, however just like you said everyone has there method or strategy in which they intend for accumulating Bitcoin, but however with how potential Bitcoin is the best strategy is just accumulate and holding because those that accumulate through buying dip and sells as the price peak stands a chance to miss what Bitcoin may holds for them in the future, I actually my first strategy when I started accumulating was buying dip and selling when Bitcoin price comes up and it wasn't working for me and in most cases after selling I find it difficult to replenish due to the market price has gone up way more than my selling point so I realized that the strategy is only for chasing market price which is a wrong strategy, so I realized I have been loosing opportunities while selling as the price peak, so I had to change my strategy since I'm very sure of Bitcoin potential so that's how I started accumulating and hold, because the only way to enjoy investment and rest of mind is through holding your Bitcoin.