Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Odohu
on 15/10/2023, 12:56:41 UTC
⭐ Merited by JayJuanGee (1)
The current Bitcoin price is very much within range as this position will definitely increase. Because newbies never realize the growth of Bitcoin (those who do understand) and 2021 is the real proof of Bitcoin. Because the price of Bitcoin is going to the highest level and surely in the end of 2024 or in 2025 the price of Bitcoin will realize the highest level again.
Even when I share in your enthusiasm of Bitcoin soaring above the ATH by 2024 to 2025, I still think it is safer to keep our expectations in check to avoid taking greed-motivated irrational decisions. Another danger of putting a timeline when you expect the price to peak is that you might end up selling all your asset in the time period when the price would have hit your projected peak. Even though this is a logical plan but it could harm the portfolio for those who plan to hold for long.

So, always keep open mind as nothing is guaranteed in the market. The price can soar like you said and there are possibilities of price not experiencing an explosive move like many of us are expecting. If you out this into consideration, you will not be pressured to take take rash decision now or in the future... you manage your Bitcoin portfolio calmly while also living the life you so desire for yourself.

  many people have been profitable using the DCA method, and it is true that the DCA method is definitely profitable if invested for a long time.
Since you already know about how good the DCA method is, I will encourage you to continue to apply it while allowing the market and time unveil what the future holds for all of us who believe in and trust Bitcoin.