Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Jaycoinz
on 10/11/2023, 23:15:58 UTC
If we invest in crypto of course we will choose Bitcoin as the investment we choose because it is very leveraged that we can get profits from Bitcoin if we can collect it with the strategy we choose, choosing altcoins to invest of course we have to really know well about the altcoin that we choose because it is very difficult to make a profit.
Many investors still prefer alts instead of Bitcoin because of the possibility to gain huge in a short period (especially if you invest on the current hype like meme coins) that's what they thought. But not realizing that investing solely to Bitcoin is way safer and less risky. It might take time to gain but at least it's much wiser compared to investing in altcoins.

Therefore, buy Bitcoin and keep holding because it's the best choice.
From my readings and learning here, I have come to notice that altcoins are not particularly people option when it comes to an investment and this from an angle is true but many other people in the crypto so seem to think diversifying your portfolio during bull season is probably the best type of investment especially when some altcoins too tend to follow the upward trend of Bitcoin although I come.to the understanding that in order to do it has to be in done in a short term trade because altcoins do tend to dump at any time but that doesn't remove the fact they are still possiblity of some investor getting some profits out of an investment in some altcoins although there's still the problem of actually knowing the right one but I would like to know your take on this thought sir JayJuanGee as you seem well inclined in field of economical statistics like investment in Bitcoin.

Although I don't to think am ready to take such risk with having an investment in some shitcoins as some do call it here and I believe my planning to holding my coins would solely be related to Bitcoin only but for now that the finance isn't there am not in any hurry to make an investment as I have also learnt that one should actually invest what they know won't affect their activities with money concerning their basic needs, so am drafting a good plan to my DCA STRATEGY as soon as possible since the market is looking friendly, I believe I don't need to wait for the DIP to comes because there's no certainty on when that will occur again so starting now isn't actually a bad idea right?.