Post
Topic
Board Speculation
Re: Buy Bitcoin, and HODL!
by
bestcoins1
on 22/06/2024, 08:54:03 UTC
loss? as long as you sell the bitcoin you have at a low price then you will not lose at all, however 1 bitcoin will last forever 1 bitcoin only the value changes because there are transactions in the market that cause that and indeed bitcoin will never stable value
As long as you don't sell at a low price, anyone who holds Bitcoin will never lose and will still make a profit when the Bitcoin price turns back towards increasing in the market. Because the rise and fall of the price of Bitcoin has become a very common thing for everyone to witness, so anyone who wants to sell it must be able to ensure that they are not selling at a price that is lower than the price level at which they had previously purchased it. That is the only key to not experiencing loss or loss in holding Bitcoin under any conditions.

Quote
why do many investors recommend investing in bitcoin using the DCA method, because you can accumulate your assets stably and consistently with the same value every month and it has been proven that those who apply the DCA method will profit in the long term
The DCA method is a method that requires time to carry out, so it can only be carried out by people who have enough patience, especially when it comes to continuing to buy Bitcoin and not wanting to sell it again in the short term in any condition. This means that this method is usually used more often by people who like to collect and accumulate more Bitcoins before making a target release back into the market at a duration that ordinary people cannot predict.