Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 05/10/2023, 18:53:18 UTC
[edited out]
More volatility means more opportunities to trade. So if you are really good with your trading skills then you can use this as your honey pot. The bitcoin market is not boring unlike stock and forex where the price movement is nominal. If you can manage your portfolio and take calculated risks you can be profitable. If you can't read the chart then buy and hold bitcoin for a few years. You will be profitable as well and we are sitting at the perfect time to invest in bitcoin.

We are not talking about trading in this thread, so trading may well not be a way to have any honeypot with bitcoin especially since the vast majority of traders suck and historically buying and holding bitcoin has proven to be a quite lucrative approach to bitcoin and there is no real evidence that buying/holding has changed as a good approach to bitcoin.. which you seem to somewhat understand from the contents of your post... in which you are recognizing the current period as a likely dip period.