Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Buy the DIP, and HODL!
by
Riginac111
on 02/11/2023, 20:59:23 UTC
⭐ Merited by Egii Nna (2)

Bitcoin investors do not need the technical analysis in Bitcoin when they want to invest in Bitcoin, the important thing that a Bitcoin investor needs most is just a good strategy and an amount he/she can invest daily, weekly or monthly.
Analysis is all about trading and other stuff that are related to trading, so if an investor is accumulating Bitcoin then there is no need for the investor to divert to Bitcoin trading, why? Because the investor will not have time to hold his/her coins anymore, more especially when the person is getting little profits from it

Certainly, Bitcoin investors can take different approaches to their investment strategies, and not everyone needs to engage in technical analysis. Nevertheless, an individual with expertise in technical analysis and possessing sufficient experience can make leverage his/her skills to make well-timed entries potentially accumulating Bitcoin at more favorable prices and thereby reduce overall investment costs.
I seem that the favourable time to invest in bitcoin for accumulation is when it's in dip time, and nobody invest in bitcoin without target or timing, we have to understand the procedures of technical observations of bitcoin so that when you invest to accumulate bitcoin and your target will be achieved. What makes people  to lose during investment is the timing, because when you don't know the technical aspects of bitcoin and mostly the time of bearish occurrence and time of bullrun occurrence  and you invest, whatever you see is your expectations because you don't have a target.

A bitcoin accumulation can be achieved when you target the bearish season and invest more and wait for when the price of bitcoin will rise, so their is something I understand in investment despite investment is all of risk, so you have to have a plan and target before you invest neither technically or manually.