Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
GeorgeJohn
on 02/06/2024, 22:21:33 UTC
That's right, indeed everyone who wants to accumulate Bitcoins is certainly very beneficial for them if they really want to use this method when accumulating their Bitcoins and the most important thing is for them to do it consistently so they can look forward to future profits when prices increase, but before doing this of course They must have emergency fund savings so that when carrying out investments they do not experience interference with the need for these funds.
Choosing a strategy that suits our abilities is of course very important and we should not do things beyond our abilities because if we continue to push ourselves, of course it will be difficult for us to achieve the targets we set.
To accumulate bitcoin is needful and from my own way of understanding the concept of Bitcoin accumulations, its good to accumulate your bitcoin without having anything in mind, because some persons today when they purchase bitcoin to hold for long-term maybe few issues will make them to sell out their bitcoin, in normal circumstances an investor supposed to have a duration to sell their bitcoin, because I can see that some of us do have interest to accumulate bitcoin but they don't know the proposed time to sell their bitcoin, so I'm emphasizing that bitcoin accumulation to neither new investor or old investors should have a particular time it supposed to have as target..so person will purchase bitcoin now in the name of accumulation and it will not be up one month and they sell out of their bitcoin they recently purchased.

Practically I may not accept that user @Smilevictorobinna understands what trading is, in his context what way do we agree that trading is very sensitive just for the benefit of getting updated news and price market value, all of these are unreal. Even a person who do not participate in Bitcoin trading is aswell updated, you must not be a trader to be inquisitive to new ideas and information, here in this forum we often get Bitcoin updated news by users which doesn't implies them as a trader.  Knowing quite well that trading possesses the trait of loosing huge funds in a short period of time, how then do we still find it sensitive enough with as much benefit to lure a person into trading.
actually many people doesn't peruse into trading and understand the concept before they ventured into it, sometimes it's people who introduced some people into trading that mislead them to see trading as one of major tools or criteria to make funds to rain, not knowing that trading is a risk and it has it's procedures, in norms, its obvious and understandable that any beneficiary of trading in quantum have undergoes different examinations of training, you can't wake up and kickoff trading journey with have a comprehensive understanding of it and you expect something profitable.