Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Obim34
on 21/10/2023, 22:13:52 UTC
Most beginners seeing Bitcoin at $29,747 today, the first thing that may likely come to there mind is that they should have invested all the money they have and rip the profits.

But however it would have been one the greatest mistake because in as much we no that Bitcoin is of a lot potential doesn't mean someone should invest everything they have.

So this diagram explains the disadvantage of greedy investors that has a little amounts on there portfolio and trying to decide if they will invest all and believing it will yield profits, without knowing that they are stepping on a wrong direction, so is better for an investors that has a little capital to keep on standing still on accumulating a bit by bit in other remain on the market.
 
https://talkimg.com/images/2023/10/21/THU7z.jpeg

Source: https://www.shutterstock.com/image-vector/investment-portfolio-bitcoin-crypto-currency-buy-2034867677
On a matter of fact, we all are prompt to making choices the way it suits us. The choice is ours but it will be very unreasonable to make such a decision because there is always  unforseen circumstances that we never expect to happen, that is the reason for emergency funds. Where else funds is not being managed before making investments then there is always greater chance of altering investment plan just for the short term and little profit.