Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Y3shot
on 24/04/2024, 17:36:47 UTC
At this particular point, I really don't think it's logical to be timing the market now because as an investor that we are, our primary concern now should have been how much Bitcoin can we accumulate, so as not to be left behind? So if we decide to be timing the market, it's a complete waste of time, because the bull run can start anytime and you will start feeling regret for not buying and accumulating now that is the best time to buy, so in order not to be in that kind of space, it's best we utilize this opportunity by accumulating more Bitcoin through the DCA method regardless of the current price now, because the amount of Bitcoin in your possession will definitely define how profitable you are going be, during the bull season, and another thing we should not forget is, we should only be thinking long term, because it's only a long term holder will definitely reap the full dividend of his or her holdings.
Their is no need timing the market because it is not a way of making profit from the market because the market can't be predicted.  This is the time to buy as much as you can and wait till the bull market gives the kind of profit you want. Real investors don't time the market because they know they will definitely get what they want from the market.  Most people that have the habit of timing and predicting the market are just so desperate to make money quick.

Now that the price of bitcoin is low the goal is to buy more Bitcoin and hodl because it will surely yield more profit. When you believe in hodling their won't be any feeling of doubt of bitcoin.