Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
usekevin
on 02/05/2024, 19:37:59 UTC

I am not sure if you are saying that correctly... because sometimes for newbies diversification is a kind of security blanket of not really knowing what they are investing into, and so yeah, sure most people don't know, and even people who invest into bitcoin, sometimes do not really know, so even though some of us might say to stop fucking around with shitcoins, there can be a perception that the bitcoiners are biased and we are merely pumping our bags.. .. so there is some kind of need to build some kind of a conviction in regards to the asset in which we are investing, so frequently if there is doubt about bitcoin, then there is going to be receptivity to both the shitcoin talking points, but also shitcoiners will also frequently be pushing the benefits of diversifying just in case bitcoin does not work or that some of the shitcoins might perform better than bitcoin and/or various other talking points, which frequently will sound convincing to a newbie.. including the "need to have an open mind".


The trader will invest their money based on their prediction,it also like the gambling need of luck even after you invest in the potential coin sometimes.Because the market flow now was become almost the unpredictable one.Some people do the random investment in the new coin and get then huge multiple of the capital.But the trading with the way of prediction based on the previous history was the important one.The skilled trader will make the money without doubt,it may delayed.But the money from the profit will be the sure thing.Before investing check the background of the project and owner profile.


I agree.  It is better for people who are starting out with a relatively small amount to build one first before adding anything else, and there likely is no rush to add anything else, but there may be some need to balance cash amounts with the bitcoin amounts in order to figure out levels of aggressiveness in regards to how fast to attempt to accumulate a sizable bitcoin position... and yeah, some folks might not have options to establish a sizable position in less than 5 years and some of them might take closer to 10 years before they start to feel they start to need to diversify... but yeah, a person can become more informed about himself and his preferences to diversify while he is building his bitcoin investment.. and he might not know exactly in advance when he is going to start to feel needs to spread out his investments a bit more.


The trader can use the option of make use of their savings into the investment.Because the investing their saving in the cryptocurrency was the wise for the current market conditions.Because the usage of the cryptocurrency was increased as like the stock market investment.So if the trading coin was the potential one means the demand of the coin will allow you make the bag full of profit.But the patience of the holding was the important one and spread your investment on various coins.