Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
danadc
on 02/02/2024, 23:38:26 UTC
Success in investing is a form of our confidence and focus in forming our trust in Bitcoin. Yes, despite the many reasons stated, sometimes it's just a matter of time which is a big problem for them, but I don't think that's a measure to prevent us from investing in Bitcoin. Some of them may have invested early in Bitcoin at a cheap price and that is an advantage for them. But for beginners who are new to Bitcoin, of course they have to focus and take an approach to learning about Bitcoin and accumulating Bitcoin by starting from a smaller amount.

Many of us have gone through difficult times in our lives, especially making many mistakes in Bitcoin investment but all of that has become an experience not to repeat. For that reason, for those of you who have prepared step by step to accumulate Bitcoin, keep doing it and don't assume that currently the price is expensive and you are postponing your purchase. Because to find a cheap price, of course you have to buy it regularly, of course, in all the purchases we have made, we will find a purchase at a cheaper price in our investment.

If the initial target is 1 year then focus well because 1 year is only a short time if you are full of confidence in what you have planned. Yes, after a successful first year of course the best option is to target the investment in the long term or for our future. Staying focused on your respective stances with purchases with a budget of $30 is certainly not a difficult thing to do, but yes, stay consistent if our target is long-term investment.
I wont doubt that self conviction and personal trust is a criteria to a successful investment for a beginner. I know that there are thousands of resources, investment courses and podcast about bitcoin investment that are availlable foe newbies but without self conviction and trust one will still fall for some mistakes that most beginners make during their first investment period..Ranging from choosing the right investment approach to maintaining consistency and avoiding greed. Most times these mistakes persist if they are incompetent to learn.

An investor should try to learn everyday so that they wont make the same mistake twice as it requires loss of funds if mistakes keep occuring. Dont wait for the next person to advice or teach you before you start re strategizing. Yes others opinion may be valid so you have to filter them and make decision yourself because if anything goes wrong you will be the one to face the consequences.

I see the investment of bitcoin as something sacred, something that we must always know how to do, we cannot think about the investment of bitcoin and think that we will Obtain benefits tomorrow, right now everyone is alarmed because bitcoin is at $39k, then it went to $43k and They still haven't reacted, what does this mean? That if you have money to buy bitcoin, if it is in a falling state, should you buy it, or should you doubt that, should you diversify your money into other Cryptocurrencies ? It is not the solution, it is something that does not look good, the only investment that should be made without thinking too much because it is a safe investment, is bitcoin, there is nothing else, intelligence must be used to realize that bitcoin if you buy it When this price rises more than $100k, the benefits will be seen.

All this has to add up to do things with the best Availability possible, that is, if we have bitcoin and it goes up, let's wait, if we wait when there is a new ATH it is ideal, but how can we get this into the heads of investors who Will they see a lot of news and let themselves be carried Away by fear?