Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Frankolala
on 28/03/2024, 21:39:19 UTC
Those who are ready to invest new time should know that it is better to invest their capital in a place where the probability of loss is very low. Newbies are greedy for money and invest in Shitcoins. There is a lot of risk and short term hold in the market, but I would say it is best for beginners to invest in Bitcoin. Because there is no possibility of losing money if you invest in Bitcoin, because the money of all investors who have invested for a long time is safe. So if you want to invest in cryptocurrencies and want to keep your assets safe then it is better to choose Bitcoin.

Newbies have this mindset that crypto is a get rich quick scheme, which is not. Maybe they will learn it the hard way. Either case as we grow older in this market, we will learn when to buy, or when to start to accumulate and maximize our profits in the future.

Best time to buy is bear market, although if we are going long term, we can do DCA as well. So it's true, the best way to buy and accumulate is during the dip and just be a holder. That is the best strategy here, HODL as much as you can and then time the market and sell when we are in a bull run or at the top of the price or near all time high.
Yea, of course the best time to buy is the dip, but no one can know when the dip will come which makes it not the best time for new beginners or inve8who have just started accumulating bitcoin. It is hard to predict the movement of bitcoin and that is why it is not a good strategy to be waiting for the dip, because that investor will probably miss out.

DCA method is the best because it gives you the opportunity to buy bitcoin when the price dips, pumps or stay sideways. It is also stress free an gives you the opportunity to grow your bitcoin investment gradually, provided you are doing it the proper way. DCA and hodli for long and you will be happy with the result that you will ha e in a long-term.