Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Falconer
on 17/10/2023, 21:20:46 UTC
-snip-
This is the type of investor who only targets news to accumulate Bitcoin and there are only two risks, namely if the news is fake then he will lose because the price will immediately fall but if the news is true then he will profit from the price increase. That's what is happening currently in the market, they can make quick losses and quick profits. But I don't really like following the style of buying instantly just for quick profits because it carries a greater risk to what we have planned.
I would agree if you called them traders instead of investors.
Traders certainly expect quick profits from the strategies they develop, but investors can relatively last longer and ignore market volatility. They are rarely affected by rapid movements like yesterday's fake news, so of course they can avoid more risks.

I am more interested in accumulating gradually rather than aggressively because those of us who buy regularly will be more profitable at the level of buying at low prices compared to those who only refer to instant purchases when there is news. But if the buyer does not sell it immediately then he only loses in the fiat estimation, not in his Bitcoin ownership. And he can hold his Bitcoin holdings while waiting for the price to rise again.
I guess that's how accumulation is done. You don't need to buy all at once when you have a budget, but you can buy gradually with a good combination of strategies. Buy the dip and DCA is a worthy strategy combination for your investment approach, and I tend to agree with that.