Post
Topic
Board Speculation
Merits 4 from 2 users
Re: Buy the DIP, and HODL!
by
rachael9385
on 03/11/2023, 07:30:01 UTC
⭐ Merited by Sim_card (3) ,Hatchy (1)
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
Also, trading likely puts a person in the wrong kind of mentality in terms of really focusing on accumulating more bitcoin rather than fucking around trying to figure out which way the BTC price is going to go in the short term which may well be nearly impossible beyond a kind of coin flip.
Apparently correct, the whole matter just looks like an addicted gambler who is trying to save money for emergency use and still ends up using the whole money he/she has saved to gamble. Some Bitcoin traders do get it wrong sometimes, more especially those traders that have lost enough money in trading. I don't see any reason why a Bitcoin investor would just divert from a Bitcoin investor to a Bitcoin trader.
However, it shows that some investors don't really have good conceptions about Bitcoin. That's why they still end up using the coins they might have accumulated to trade.
Quote
.and so why be gambling with investing money when the fact of the matter ongoing buying and even engaging in various techniques to strategize buying opportunities may well work out a lot better in terms of both maintaining a buying mentality and also knowing that whatever happens, you are stacking more bitcoin even if some of the sats might cost more than others.
Quote
One of the reasons why some Bitcoin investors diversify into Bitcoin trading is because they might be thinking that they will make more and quick money from trading and, as for me, I have a strong belief that Bitcoin trading is also part of gambling and if anyone is addicted to Bitcoin trading or gamble that means he/she can not accumulate Bitcoin or hold Bitcoin for dear life because he/she will definitely end up using them go trading (gamble).