Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy the DIP, and HODL!
by
Patrol69
on 27/01/2024, 13:16:17 UTC
⭐ Merited by JayJuanGee (1) ,fillippone (1)
I agree with you that an investor with a very comfortable DCA should remain consistent. The investor should enjoy his investment and the investment should never be a pressure for that investor. As long as the investor enjoys the investment he can continue to invest well but since the investor feels investment pressure he will not have full focus on the investment. I think investing will be stressful for the investor when the investor tries to invest more money than he can afford. This should be given importance to the investor so that he does not take too much pressure but invests according to his comfort and if he enjoys his investment then he can implement his long term plan with his investment.

Well, One thing is that when the market was below $40 thousand, many people didn't want to buy it and were a bit slow to invest in Bitcoin, many stopped investing but when Bitcoin is going back to the previous position and going to cross $42 thousand. then again people are buying that bitcoin. There are trading issues and it is not possible to say how the market will go up based on any news and when it will go up very fast but we have to understand that if we can invest slowly and if we can increase the amount of investment gradually then it is for us later. Good can bring an opportunity. Investing for one to two weeks in bitcoin investment is nothing but a complete fool, because investing for one to two weeks can lead to loss and gain, but the chance of loss remains one and the chance of gain is greater. . But if there is some bad news in between, then the price may drop again, then those who will be interested for one to two weeks will suffer losses. Therefore, I think you should wait for a long time if you want to invest in Bitcoin.



Remember that November 2021 is the all-time high price, we are waiting coming November to repeat this(but targeted $170k).
Many investors still invested in Bitcoin when its price was below $40,000. Not everyone's thoughts are the same, so at this time, many people may not have thought about many things and invested, but those who have faith in the market must have invested even after the price of Bitcoin came below 40 thousand dollars. Some investors who didn't invest when Bitcoin was under $40K and invested when Bitcoin came back up to $41K or $420K may think that when the market was negative, they thought the market would just keep going down. But when the market started to be somewhat positive from the negative state, they again thought that since the market is becoming positive, from now on, the market will be more positive and the price of Bitcoin will increase. Those who invest thinking like this never actually invest with the intention of holding their investment for a long time, their objective is to invest and hold the investment for some time and sell the investment after a few days or at some profit. We can consider such behavior of investors in investment as trading. In trading it is like that those traders wait to buy coins and whenever they get a small opportunity they buy the coins and when the market is a bit positive and they make some money they sell again.

Those who invest for one week or two weeks are not really investing because investment is never short term. If an investor invests for a period of two weeks then he will understand the investment by investing in this short period of time. A week or two does not fall into investment. If a person buys bitcoins and after one to two weeks sells their bitcoins at some profit then we can consider that activity as trading.  After investing we will not see a lot of change in that investment so there is nothing to get too excited immediately after investing. After investing one must be a patient person and have maximum patience. Whenever we can hold an investment for a long period of time, we will see a big change from that investment. 
After investing, if I read about the additional market and always see how many dollars I have profited or lost after investing, then it is never possible to hold the investment for a long time. If you want to keep the investment for a long time, first you have to stop seeing these excess profits and losses.

After investing in the market there will be bad news and good news and so on. There is a bad news coming in the market due to that bad news the market dumped a bit and the positive news came in the market due to which the price increased a little and due to the increase in the price I got some profit. We cannot sustain investment. Be it profit or loss our aim should be the same that we are holding the investment in long term plan and whatever the profit or loss we have to hold the investment for this long period. If retention is given utmost importance then temporary gains or losses will not adversely affect our investment retention.