Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
avp2306
on 21/05/2024, 09:45:26 UTC
I don't really know if your reply is in line with the conversation but speaking in terms of which method allows us to be more aggressive I can hardly say cause aggressiveness is a choice that each of us have to decide on our own and whether its buying on dips, DCA or lump sum, aggressiveness has to do with how much we allocate to Bitcoin and how often we buy Bitcoin, a lump sum investor can be also practice aggressiveness if he wants to, I think the concept of beign aggressive is about not investing less than you ought to or is able and also not more than you should, your free to correct me if I'm wrong.
You talked about aggressiveness and do you know the connection, being aggressive in terms of investment may be good because we have the enthusiasm to carry out but how controlling ability is important. If you do not have the ability to control then investment can be done slowly. Have you ever heard how people lose money in investments and it is influenced by individual mistakes, not because of Bitcoin, so when we want to invest, we need to pay attention to how to control it.

It's up to you whether you want to use the DCA pattern or so on, but it must also be able to be carried out according to your ability to control it. Investing in Bitcoin does have the opportunity to achieve success, but capital and strategy are important. Make purchases using a much more responsible method and store bitcoin until it reaches the selling value we want, from there we will see how bitcoin can provide freedom for investment.

Maybe depends on what you do since if you are just an aggressive investor without having plan then maybe you will lose a track for certain situation like dips since this could bother your focus especially if we see some massive dumps happening. That's why we aside from having a plan for future, discipline or controlling our emotion is important to have so that we can make sure that everything will go according to our plans.

Its important for the investor to familiarize the methods they want to use so that there will be no tilting if sudden situations happen. But what's more important is we are dedicated to our investment done and totally hands on of everything since if we are lazy to find new things that can help us to maximize each investment decision we do especially those other things that can help us get another extra funds to had something to add up on our bitcoin investment. So investor should not stick only on what they know but rather they should try to seek more reliable info's since this could really make them became more successful in long run especially that there's a lot of things need to consider since bitcoin is truly unpredictable.