Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Popkon6
on 26/10/2023, 03:56:14 UTC
Just let people sell their Bitcoins out of panic. They must regret that they sold Bitcoin too early and only panicked when they saw the price decrease. Now is a good time to continue the DCA strategy because Bitcoin is still not rising too high.

But you have to be careful because from now on, Bitcoin's journey will be more extreme. That will make many people panic again. So prepare yourself mentally for Bitcoin's next move.
One of the factors that affect most investors is always consistently watching the Bitcoin price movement, however in most cases no matter your intentions of holding watching the price all the time could affect your psychology or emotions that could make you to panic and if not careful it could lead you by selling of your accumulated Bitcoin.

For beginners who just started accumulating Bitcoin using the DCA strategy should be aware of Bitcoin price movement so that they will not be influence to start trading the market because with the potential of Bitcoin this few days price movement will be nothing compared to what is coming.

If Bitcoin is invested in the DCA method then no other concentration can ever be considered. Because you are depositing a small amount of weekly or monthly income to invest in DCA method. Because investing with DCA method you will never understand the market because even a small price increase will make you think to sell, and you may sell your assets due to greed. Investing in the DCA method is a long-term investment that will help you achieve success. Investing for a long time definitely does not face greed so DCA strategy method is the best.

So let's get started and keep on accumulating with our DCA strategy.
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