Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
I_Anime
on 17/03/2024, 13:38:42 UTC
⭐ Merited by JayJuanGee (1)
I can see you're now getting the gist , at first try and arrange your post quoting properly, that why I told that most people use shit Coin for short term profit during trading cause of the risk, yeah there people who are making from trading and all that but before getting to that stage , you don't want to imagine the Shit you going to pass through, and it take alot of practicing and skills to get there. But in investing you just need basic knowledge and you good to go with your accumulation. Like when I was still into trading due to the losses I didn't have the guts to recommend trading To my friends but I can gladly recommend them into holding of bitcoin and doing so, I don't have to stress my self to say too much , bitcoin growth as already made it obvious on how amazing bitcoin is . So if you still insist in trading I would advice you to trade wisely and as trading try accumulating more bitcoin ( for holding not trading) and don't let your trading affect your bitcoin accummulation.
Trading is not advice worthy, you'll make a lot of bad acquaintances if you tell people go trading😂
Good point about your last line, there. Holding has proven it's worth, and I've preached it, all every bull run gives me a reference.

This is not about trading, it is about how we can save Bitcoin in the long run. We protect our bitcoin holdings by following the same approach as how bitcoin hedges risk in the long term, and the DCA method helps control the average price. So we will discuss holdings as any other discussion may change the mind of investors, so we only apply to the discussion of how to accumulate bitcoins for the long term.

If you have to benefit, from all kinds of strategies you have to move forward only if you will succeed. Suppose you have a super shop, if you just want from a running product to be more profitable in that case you need to hold a few days, If the price is low or high in the market, you can buy product by following DCA strategies, thus you can keep your capital safe and more profitable if you invest. This strategy will make you more profited by both. And the big businessmen became even bigger businessmen following this method. If you have a lot of money you could invest by HOLD, and after a period you will be beneficial....Simultaneously following DCA can boost your profit.
Well is not actually fixed that one need to be a big businessman to become successful using different strategies or method of accumulating Bitcoin, aslong one is able to have a good sources to accumulate more bitcoin and same time able to manage his financial situation, while accumulating. Can also become successful while holding Bitcoin, such individual should base mainly on DCAing method ( maybe sometime buying the dip ) with some lump-summing, inorder to build a good portfolio successfully.


Any newbie that deviates from the norm of buying bitcoin into trying to get profits from it at very early stage is actually trading and is messing around with bitcoin, trading is not only when you Invest in altcoin but also when you play around with your bitcoin Invest and that is a note we shoudl all take for ourselves
you're right, I don't see any reason one should trade with his bitcoin while he can just hold and same time accumulate some quantity and watch it grow  in their portfolio, because when trading with your coin yah only killing the potential of it yielding some good profits. Because you can compare those that are holding their Bitcoin to those that are trading with theirs. So you taken such manners in always taking profit when you haven't gotten anywhere with your investment, shows that you are not ready to hold and same time hindering the growth of that investment.