Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
promise444c5
on 30/05/2024, 14:44:37 UTC


To be patient in investing, we must first understand the investment well and it is absolutely impossible for someone to persist in investing without properly understanding the investment they are making, that is what is experienced by those who panic when they see the price. Bitcoin is decreasing because they don't understand how it works. Bitcoin is good and for some people who understand it well, there are also those who take advantage of this opportunity to be able to collect more than usual so they can profit from the investments they make.

I think the first thing that needs to be questioned  is what I'm  I investing on and how will I get a good ROI from it and this should  be done before anything...

I didn't get what you are trying to pass very well but I do get an idea that it's  about investing without proper knowledge about an investment...and  you used the case of a dip as an instance that might make an investor to withdrawing his/her investment if I'm right...

Using the case of Bitcoin as an example majority of investors who withdraw after a dip are short term investors  it's  not that they don't know how Bitcoin works but they are just after the short term profit which they feared they might not get after a dip.
Bitcoin doesn't work that way .. there's only one way to panic which is short term investment  , however  a long term investor need not any worries about a dip as its always considered as an opportunity  to buying more.... Learning never stops actually you might want to always remember  that