Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
ginsan
on 01/12/2023, 21:29:35 UTC
⭐ Merited by G_Besar (1)
Buying is quite easy by just pressing the buy button but to hold in the long term requires patience and that is why an investor who can hold in the long term is the winner in the end. Buying all at once or holding it for a long time is something that must be within ourselves, how we must ward off fud, worry in our minds. And also be able to look for loopholes to be able to survive in declining market conditions and many negative factors as happened last year.
Beginners must study as well as possible in preparing themselves to become true holders and all strategies should be the best that can be used to start investing in Bitcoin. Beginners can learn a lot about bitcoin and learn better ways to invest such as using DCA.
Sometimes opinions differ on how they buy in accumulating Bitcoin but that is not a big problem because in one hope we all target buying in dips and holding it in the long term.
Everything requires a process and it's not easy for someone to become a true holder. Many investors have made mistakes on their investment journey by selling bitcoin early so the best teacher is the experience they go through. That's why we have to focus on our principles and goals in bitcoin investment. Don't necessarily just buy and sell when you're profitable, but look at the price movement which rises quite significantly in reaching a new ath which means they can make big profits if they are able to hold on longer.

There are many mistakes and everyone probably makes them but they are able to change not to repeat them in the new chapter of their Bitcoin investment. I mean they will slowly enter gradual purchases starting from $20 $100 until reaching $1k a purchase. In terms of a person's financial strength, no one knows that they can start from a small amount and increase it slowly with every purchase they make. Therefore you have to see that the long-term purchasing journey using DCA is quite good.