Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Tmoonz
on 27/02/2024, 17:42:04 UTC
⭐ Merited by JayJuanGee (1)
We want to invest in bitcoin we should only focus on the bullish market so therefore I believe that those people who invest during the time the price of bitcoin is low that the people that make profit when the price go up so I will advise every beginner to invest during the time the price of bitcoin is low so that they will not experience any loss, to accumulate bitcoin, you have to wait experience having before you purchase bitcoin, so that you will not be victim when the price go down.

some people who invest in bitcoin always be rewarded of it when they experience bullrun, so I believe that it’s a good investors that know the actual time they can invest and make huge profits, in normal circumstances the best time to invest is during bearish seasons.



In as much as your expression look some worth contradictory you sound more like a trader or gambler. however, attempting to time the market is never an ideal approach because you are exposing yourself to greater risk of creating an emotional unrest of monitoring the downward and upward trends of market condition. But with your dca method you can enter the market and make purchases irrespective of price and time. You can dca when there is an upward trends and buy wholesomely when there is a downward trends.

However, it is not about when you bought but how persistent you are with your holding.