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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Dailyscript
on 01/06/2024, 08:01:13 UTC
⭐ Merited by JayJuanGee (1)
The first is to accept the risk and have a plan for how long you will hold it. And you can use some money to implement your plan, and you can buy dips every now and then with a little bit. And by buying bitcoins you can be successful if you accumulate bitcoins in a solid wallet for a long time. Because investing for the long term can buy bitcoin anytime as our bull run is about to begin.
Having a plan before investing is of course very important so that we can determine the target we will achieve in order to make a profit. Deciding to buy when it is experiencing a downturn certainly doesn't hurt, but we can't know for sure, therefore it will it's better if we can buy as much as we can and can survive for a long period of time, yes of course we will immediately get a profit because it is possible that in the next few months the price of Bitcoin will increase.
I agree with you hear. Investing without a plan is like going to the farm without carrying your proper preparations. The investment might not turn out well at the end of the day if there is no goal or target and a pure investment strategies that we would follow till the goal will be achieved. The best step toward approaching investment in my opinion is; A source of capital - basic knowledge - investment goal - investment strategy - discipline - consistency. This process will lead to a successful investment, well tested and trusted.