Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Rustam Meraj
on 04/02/2024, 11:30:46 UTC
I think bitcoin information is a continuous process but the major one to start with is the basic knowledge and understanding of bitcoin, before a beginner invest in bitcoin he should know what he want and how to get it, there are many strategy for different investors it all depends on the category such investor falls into, there are newbies that has sufficient amount both for investment and emergency funds, I think this people should also know that bitcoin is not a short term investment so that their expectations won't be cut off.

Buy on dips should not always be the case, why not concentrate in buying when you are ready, must it be on dips, people should know that bitcoin is an asset no matter how dip it goes, it has never stop giving people hope of shifting to positive position, I think everytime is an opportunity in bitcoin that's why continues accumulation is the best irrespective of the price any day any time.
It's really important for beginners to fully understand bitcoin before they start investing in it. They should know what they want to achieve and the strategies that go along with the type of investment they want to make. Also, it's important to know that bitcoin is not something you can make quick money from so it's better to have realistic expectations.
I agree that it's not always best to only buy bitcoin when the price is low. Instead it's important to be financially ready to buy whenever you can no matter what the market is doing.