Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
iamsange
on 11/12/2023, 15:05:34 UTC
⭐ Merited by Vinaa77 (1)
While you might be right about some investors monitoring the price movement of Bitcoin and the possibility of it influencing them to sell when they see price going down or consolidating. You can't also take away the fact that some are doing that in order to learn the daily, weekly and monthly charts or movement of Bitcoin. Lots of people do this to be able to make their weekly contents for their audience who follows them on social media.
If you just want to create content about daily, weekly and monthly Bitcoin price charts to be able to show it to audiences who follow it on social media, I think that's quite strange and doesn't make sense. Because someone can create content about Bitcoin price charts without having to sell the Bitcoins they already own or the Bitcoins they are saving as a good investment for themselves, because there are many price charts that have been formed in the past and they can be taken for some content which can indeed be exposed to all audiences who have followed him on social media.

I don't think it's wrong if content creators take advantage of this moment to present data and information about daily, weekly and monthly movements and, if necessary, correlate it with the investment model with DCA. It's just that we take the positive points if they contain what was conveyed by the content creator, just use them if not, just ignore them. I think it's safe.
This is not a complicated thing to discuss because for an expert in creating content, of course he can take a price chart that has occurred in the past for his new content as an example to present to the audience who follows him on social media. And he also doesn't need to sacrifice his investment or trading if he is hunting for profits via Bitcoin.