Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Tmoonz
on 13/02/2024, 10:29:53 UTC
After a long time the price of Bitcoin crossed 50000 dollars. This is definitely good news for every investor. But there are some people who are a bit regretful to see that Bitcoin price has touched $50,000 because they missed the investment opportunity even though they planned to invest. Those investors basically missed the opportunity as they waited for negative change after every positive change in Bitcoin but after some negative change they waited for more negative change but the market did not change as they wanted and the market moved forward at its own pace.  

The Bitcoin market dropped to $38,000 and did not take long to touch $38,000 to $50,000. If those who had planned to invest could have invested in a few steps but now they would have made a lot of profit but they are only waiting for negative changes in the market due to which their investment was not completed.

I have been holding my investment for a long time and this is the highest price Bitcoin has touched since I invested so it can be assumed that I am currently profiting enough from my investment. I have more faith in the market so I will go longer with my investment. DCA investment strategy has really changed my way of thinking about investing, so far the best strategy for investing is DCA investment strategy.  

As before, many may be planning to invest, but currently the price of Bitcoin is at its highest level, so many may think as before that they will invest when the market goes down again. I would say to all those investors that you start investing at any time of the market without waiting so much and continue to increase your investment according to the DCA investment strategy by relying on your investment. I hope you will be satisfied with your investment like me.
Those who fails to utilize the opportunity of acquiring bitcoin when the market is in bearish condition will have nothing else but regrets and you and I know that regret doesn't add any profit to your holdings. One thing I have love about my stay in this thread for the little time I have been here is that this thread has given me a sound conviction of mind that bitcoin will always rise after the bearish market. So I see every bearish trend in the market as a norm and an opportunity to get more bitcoin. If you don't buy you have no option but to live in regret. But the truth is nobody gives a fuck about your regret. In bitcoin investment you gain as much as you are ready and willing to buy. There is no magic in it.

Yes of a truth,  on the  note that the early you invest the the more compounding interest works to your advantage over those who started later on. But if you understand your asset(Bitcoin) and know the reason why you are buying (which should be for long term) then there should be no reason for much regrets, nobody can perfectly time the market when to buy, the most important thing is to buy because the feeling of regrets might makes you miss out the next opportunity.

It has been said that the best time to enter the market was yesterday and the second best time is today, this bring about those procrastinating buying Bitcoin or those talking about the best time to buy, is never tomorrow regardless of the speculations on both the bear and the bull seasons, if you can't buy now there is no certainty that you will be able to buy tomorrow.