Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dailyscript
on 19/01/2024, 23:51:00 UTC
~
Well, comprehensive writing, and now you understand why it is best to patiently buy Bitcoin and hold it for a long time instead of aggressively buying it with the intention of taking quick profits. You know, I started my Bitcoin investment journey just the way you did until I became acquainted with it. All thanks to Jayjuangee for helping me through this period. My candid advice to you is to maintain consistency since you have chosen a refined investment strategy that has worked for you. I am focusing on consistency here because if you started buying your Bitcoin with a specific target in mind, then you stopped at the way, maybe because of other expenses that you did not put into consideration, which will hinder your accumulation target, thereby increasing the time to reach your target.

If you have been following this thread for some time, you would have come across the part where Jayjunagee mentioned that Bitcoin is best invested in percentages and DCA is the right strategy to invest in using percentages. All you have to do is divide your income based on percentages into an emergency fund, monthly expenses, and investments. If you follow this method, you will not encounter any difficulties in your bitcoin accumulation. This is a risk-free and stress-free investment strategy that will increase your accumulation without worrying about the price movement of Bitcoin.