Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
avp2306
on 09/07/2024, 09:23:03 UTC
⭐ Merited by JayJuanGee (1)
sometimes an investor can decide to take a break from accumulating maybe 2-3 month difference just to balance their financial life before they can start accumulating. In summary having an alternative is always advisable so it will be easier for any investor to continue their investment.
An investor taking a break from their bitcoin investment should be when the time of the market is it. Whether the market is bearish or bull run. If the market is in a bearish market state, taking a break from the market shouldn't be advised because that's the best to accumulate bitcoin at a low price. For bull run taking a break is a good idea for the investor not to be buying bitcoin at a high price, but rather to wait for the right time to do that.

For this time of the market, bitcoin has a correctional price, it requires no break but a DCA strategy of investing till when one feels that the market has gone past the correction stage to the bull run. I think we will see that soon.

That's a wrong mindset mate, the only one can take a break or decided to stop accumulating as an long-term bitcoin Investor is only when he or she has already gotten themselves a nice bitcoin stashes. As an bitcoin Investor taken the bullrun as a target of selling your bitcoin stashes when you haven't gotten some good stash of bitcoin or haven't hitting yah accumulation goal ( when you have gotten enough Bitcoin stash ) is wrong same as accumulating during the Bear market alone. Alot of folks as been into bitcoin for long and they have experience alot of bearish and bullish market but still they kept holding, despite not having any guarantees they kept on holding because they believe in bitcoin.  And they know why it can do .



The situation he mentioned is really wrong since if you really want to invest with bitcoin for long term then you should not worry about bearish or bullish situation. Since there would be a long delays will happen as there are situations that Bullish condition will take long months and the same with bearish season. So instead following his statement I guess people should know to do better approach on right way. Then decide to accumulate while you are capable and there's a chance for you to do it.

Only take a break if their are certain things happen in your life like emergency cases since there's nothing wrong to pause your activities then focus on your personal health or life for a while. Then comeback when you are emotionally and financially ready since its hard to continue our investment activities if we are disturb and we are facing bad issues in life.

You can correct me about it but this is my opinion regarding on taking a pause regarding on that matter.