Post
Topic
Board Speculation
Re: Buy every dip!
by
Gormicsta
on 14/11/2023, 13:39:46 UTC
The thing is, it's really strange if someone sells at the DIP price if there's no particular reason, that's why before we invest in BTC we have to learn first that BTC is for the long term so use cold cash or have other emergency funds.

That is a notable point. One should at least be aware of the volatility of the cryptocurrency market before investing in Bitcoin. Dips can happen at any time and are inevitable, so keeping this in mind before you start could help you make decisions that will impact your investment. Before choosing to get involved, it is imperative to have a thorough insight and knowledge of how these things operate.

Again, When investing in Bitcoin, it's a good idea to use funds that you don't plan to use anytime soon. Since Bitcoin is obviously a long-term investment, it's also crucial to have emergency funds on hand in case you ever need to take care of an emergency. In that case, you would just think about using your backup funds rather than considering selling your Bitcoin to cover the expense.