Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Negotiation
on 22/03/2024, 02:23:34 UTC
~snip~
.
I guess part of my point is that any of us here should be suggesting something that we are practicing or that we had been practicing and we think is the better way forward based on where BTC prices are right at this moment and in terms of whether the guy is ongoingly buying or engaging in some other potentially reasonable approach to the matter.

I mean in general not to look long for a dip, now if one is able to find the maximum dip in 1 week then that is definitely a good thing for short term. But those who have money to invest and those who have been investing consistently for a long time have many advantages. Because I think you'll agree with me that they know they have to wait a few years to get the maximum dip, but it's very difficult to get it nowadays.

But currently only following DCA can't make much profit if one thinks in 1-2 years, but if one does it again in 5-10 years then chances of profit again are very high.