Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 25/03/2024, 19:25:08 UTC
I think you should stick with investing in Bitcoin, whether short-term or long-term. Given this investment, you can be safe with your capital, which is guaranteed by Bitcoin. There are many short-term investors who jump into long-term investments after slowly building up their profits. In this case, he wants to be busy with daily short-term investment without investing the entire capital
you're right that is the best for one to stick with Bitcoin, but thinking of investing on Bitcoin, one should not focus on short-term but rather on  long-term holding, Inorder to gain more profit as time goes on with minimize risk. Because when one is holding he or she can manage or minimize the risk in it , and gain more profit because he or she would have enough time to gather or accumulate some good quantities of Bitcoin for themselves as bitcoin continue to grow .
Many people wants to get busy looking for dips for investment, they should understand that every day dips for Bitcoin. It returns more than the as you might think. You can make your right decision regardless of whether it is short term or long term with BTC.
just as we keep on saying purchasing the dip is pretty good and would help in given one alot of Bitcoin when the price low. But the act of always craving or waiting for the dip always before accumulating is bad. It will reduce the rate of your Accumulation leading one not to have enough coin in his portfolio, because the act of  one using DCA strategy to keep accumulating would increase the quantities of Bitcoin in his portfolio due to his constant purchasing with DCA method either monthly or weekly. Increase the potential of that investment to yield something good in the future.