Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Buy the DIP, and HODL!
by
Patrol69
on 01/01/2024, 16:21:50 UTC
⭐ Merited by Litzki1990 (2) ,JayJuanGee (1)
Of course, frequently risk can be compensated by position size, and of course, if you end up being too whimpy in your BTC investment because you are afraid of downside risk, then you still will end up profiting, just not as much if you had been more aggressive in your investment, so you can choose your level of whimpy versus aggressive and have to live with the consequences either way.. which still ends up being better for the whimpy investor rather than the no coiner.. .. even while there are no guarantees of such.
Aggressiveness is fine in investing but I don't think there is any need to be aggressive when it comes to holding your investments for a long time. Aggressive means that the investor will not think twice to sell his investment, I think if he is so aggressive he will not be able to hold his investment for long. Before investing, when the investor thinks too much about what time of the market he should invest, what time he will invest, when he wastes extra time, basically the investor should be aggressive for that time. 


An investor's attitude before investing should be that I invest in the market now or after a few months as I will hold my investment for a long time so this gap of few months will not affect my long term investment retention. It is unwise to waste too much time and wait too much before investing. From the position the market is in, the market is likely to go down as well as it is likely to go up. If we sit thinking that the market will go down and if the market is going up then we will not be able to invest. 

Trading and investing are two different things, while trading requires a lot of thought, I don't think much thought is required for investing in long-term planning. Bitcoin investment can be started whenever you want if you have an investment plan and a certain amount of money.