Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 18/03/2024, 00:04:45 UTC
All these situations of yours fascinate me, because only a proper planner can reach the destination. So risk and planning is the best strategy before investing in Bitcoin. I cannot grow my investment if I am not careful about how I will protect my investment for the long term. That is why the DCA approach is to enrich investments and increase wealth in a more long-term manner. You strategize in DCA and accumulate bitcoins keeping yourself calm
hearing bitcoin investment the first that should scream in your mind is ( long-term investment). And long-term investment in bitcoin is not about having the mindset of just sitting around waiting for your investment to yield you good profit without any proper planning. We all know that with the basic knowledge of bitcoin one is good to start accumulating, though as one continue his accummulation he or she has to gather good knowledge on his accumulating journey in order to make some proper planning, like concerning his accummulation goal, having good sources, and how to manage his financial situation. Same time having a good emergency funds that would sustain he or she , and prevent one from tampering with their investment. If we lack such planning our accumulating may endup crashing down due to improper planning.