Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Uhwuchukwu53
on 22/04/2024, 17:01:38 UTC
Also people need to know that there's nothing wrong to take a profit at this current situation since its normal for investor to take something when they need it. What's important is there's still a balance left so they would not missed another good opportunity that they could able to earn once same good situation will happen and bitcoin price would pump again then reach for another new ATH.
Your statement shows that someone just wants to take profit from his bitcoin investment just because the person feels like taking profit to sort himself out. This is why it is important not to invest all your money in bitcoin so that you will have enough money to take care of your financial needs any time they arise, and not to sell part of your bitcoin investment to sort yourself out. 

Actually many may miss out some things that seems hidden on this aspect of investment by going into profit taken because one need it, I believe allot of information and knowledge on how this long term holding and basically the DCA we mostly in concerned with work, for any investor to rush in taking profit because it deem it necessary base on challenges to solve other responsibilities might have some side impact because one would have set out this so called emergency fund before now reason because even the so called profit has it way of adding to your accumulation as you practice the Long term cutting it off is another way if reducing the acculturation it would have amounted at the end of the period I think this knowledge might seem hidden to investor who is so eager for profit withdrawal.