Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
red4slash
on 03/12/2023, 21:50:50 UTC
but since we are considering longer term considerations in this thread, many of us already seemed to planned to not sell in the short-term - even though it is difficult to talk for everyone
I agree with you, my focus is on the right time to buy, not on the right time to sell right now. Just like the topic of this discussion, "Buy the DIP, and HODL!" that is what I want to do, and I regularly check this place to see the strategies people here are using to get more bitcoins, so I can learn, I do not want to learn about selling.
Because our focus is long-term with a slightly longer duration so that when the temporary increase that is happening now does not really have any impact on the confidence we have but on the other hand when other people are selling now I don't think it can be said to be wrong either (although this is not really in accordance with the criteria for long-term investment) but because they already feel profitable with what they have then it is indeed back to themselves whether they sell or not because if they do sell it means that their target is indeed here for sales.
It's just advice when you sell at the current price and when you release the bitcoin you have sometimes you can't buy it back because of the price so this needs to be thought out more carefully for those who are selling at this time unless they want to wait longer to get bitcoin back at a cheaper price which in my opinion that way is not worth it when you have to wait for bitcoin to have problems again because now it doesn't seem like the time for that because bitcoin is still bullish.
This is the problem of investors because what needs to be realised is not buying and selling but our strength in holding which sometimes in this phase we always fail.