Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 27/02/2024, 21:04:43 UTC
You guys are still  getting it wrong, you guys should change your concept of what a dip is, a dip is any price under the last ATH of bitcoin and investing now is still a very good dip. Those that invested as low as 35k and you investing all of you bought on dip and what really matter isn't when you bought but how you hold, can you hold long enough to build 3nough compounding value on your portfolio.
If you see a big cycle or a significant downturn in 2022 then you can calculate what opportunities you have at that time. Well, I always give advice to eliminate doubts when you press the buy button. All of this has been proven now where many of them regret delaying their purchase. So what we want now is a big pump and this is not all because of timing but it is time for us to witness Bitcoin record a new ATH.

yeah you are right is still a good time to invest in Bitcoin (expecially those who are planning to hold for long-term). Well recently hit $57k and went back to price range of $56k. But those that invested early will have higher chances of making good profits ( most of us that have some quantity of Bitcoin are in good profit 😊recently) due to bitcoin recent price movement. And we all know that this just the starting so let's keep our DCAing on. Because there's still alot of breakthrough bitcoin got to undergo like reaching $100k+ and more.
Every time is the right choice to continue accumulating Bitcoin because if it is a long-term target then there are no words to interpret the price when making a Purchase. Continuing to buy and doing it according to the plan that you have set is certainly better than continuing to postpone the purchase. Well, I say that the DCA Strategy is quite effective in finding the cheapest price because of our routine of continuing to buy bitcoin from stage to stage.

I also don't like investing in bitcoin on somebody's behalf. I don't want to lose my sleep unnecessarily because I invested in bitcoin on someone's behalf. I do same thing as you by sharing the knowledge they need to start their investment. Of course every investment has it's own risk and I understand that bitcoin comes with it's risks. One thing about investment is, without risk there is no profitability. But one thing we have to know about investment is this, "the higher the risk, the higher the profitability. So without risk there is no investment.
I don't really understand what you are saying but what is clear for now we continue to buy bitcoin because we are still quite early in a long-term investment. For this reason, we have nothing to think about other than continuing to buy and hold. So, if you say there is a risk, of course it is there, but you should know that if you hold Fiat, that is also a risk, isn't it?