Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Odohu
on 11/02/2024, 13:36:55 UTC
⭐ Merited by JayJuanGee (1)
As a newbie I have been thinking about the powerful thread in the meantime taken a chance how to write me.

One of the trader who trade in business place for the best return basically his expectation 50% or 100% or also more how much become he more delightful.
As a assumption the price of cryptocurrency 2030 maybe 543K which price by today is 48k.
We are not actually talking about trading here, I think there is a section for trading. By trading I mean short time and hold with targets like 50% or 100% just like you said. If you are looking for information on that kind of ventures, I suggest you visit the trading discussion board and you will appreciate why the forum is segmented.

Just to set the record straight, we are discussing long term investment here and all that is needed to successful buy and hold Bitcoin for long. The key things to consider is how to buy, when to by, what is required to be able to hold and how to develop the mindset of a holder. If you go through the thread you would have read about buying the dip, DCA method, and the concept of the emergency fund that is like the secret to long term HODL of Bitcoin.


Why late! if you have enough money to invest! You must buy today last week its price was 43k.
I do not really support compulsive buying because it is usually done without proper planning. Before investing in Bitcoin, you must have calculated your cashflow to know how much you should allocate to Bitcoin so that you will be able to set up reserve funds that will serve as emergency funds. Buying now is goo because the best time to buy is usually now but care must be taken to make adequate preparations just like I explained before; that is the way to buy and be able to HODL.