Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Buy the DIP, and HODL!
by
Agbamoni
on 07/11/2023, 10:25:21 UTC
⭐ Merited by Roseline492 (2) ,JayJuanGee (1)
Written by Nicholas Jackson.



Who like many of us, including me I tried "day-trading" shitcoins, that LEARNED THE HARD WAY.

Fuck! shitcoins, it shouldn't be given any more attention. The temptation was trying to get them early for those sweet gains 100X, 200x, 500x or even 1000x, but unfortunately only for them to be a rug pool. Only 3% of day traders make profit from trading shitcoins. So we dont have to try it all, by trying to day trade shitcoins we have removed a fraction of money we would have use for Bitcoin.




I found both of them in Twitter/X. I believe if he invested seven years ago, during 2016, he would probably be thanking himself for having an open mind and actually learned about what is one of the most important inventions of this century.

 Cool

Buy the DIP and HODL, especially those DIPs that make Bitcoin crash below the 200-Weekly SMA.
Quite an unfortunate individual, Nicholas Jackson had the privilege of learning about Bitcoin earlier and even completed some Bitcoin related courses. Well, he did not invest or take part in the success stories of Bit coiners from seven years ago. I believe he has some doubts about Bitcoin. Knowing about Bitcoin technology is one thing, but believing in the technology is another. Only true believers are the ones who go the extra mile for Bitcoin. His disbelief caused him to halt his journey.

Buy the DIP and HODL, especially those DIPs that make Bitcoin crash below the 200-Weekly SMA.
This is 100% correct. However, it is nearly impossible to predict the future. What I mean is that, while buying the dip is important, buying at a good value is also important. This means the focus should be primarily on the current price and the price you are speculating it to be in the future this drives you to DCA and accumulate more. Trying to time the market is not really necessary, especially when you are a Longterm investor.