Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Lidger
on 14/07/2024, 15:18:25 UTC
One beauty about bitcoin is that one don't need any complex or technical knowledge before investing in it. Like trading for instance one have to go through alot of searching and training learning all such way to run technical analysis. But bitcoin investing with the basic knowledge one is ready to start his bitcoin journey. Bitcoin investment ain't something one should approach with procastinating, because it may only lead to one missing alot of opportunities in bitcoin.

Yeah security also play a vital role when it comes to Bitcoin, that's why noncustodial wallet is the best to hold your bitcoin.
Yes we are not developers who have to know those complicated technicals, investors like us just need to learn the basics of a simple but relevant investment strategy for ourselves and it should be customized whether we are with DCA or buy dips on every dip it is important we have a plan for it.

Actually, bitcoin investment is easy with even small money we can do it, and indeed never delay investing while the price of bitcoin is still low, this is the best solution where we can start now, do not let when the price of bitcoin is high then say sorry.
Bitcoin is a very safe currency for investment as well as one can invest in this coin with reliability. There are many investors who adopt Bitcoin as their first choice for investment. Investing in Bitcoin does not require much market due diligence as volatility is normal in the Bitcoin market, where the market does not suddenly increase by a large amount and the market does not suddenly dump heavily. Market fluctuates within certain rules so here if an investor invests in DCA investment method then he will definitely succeed in his investment. Basically we have to keep the plan like I invested later so we must be sure that we don't have to sell our investment before the specified time. 

If we can maintain the consistency of our investment periodically without selling the investment before the specified period, but at the end of the specified period we will have the possibility of earning a good amount of profit from this investment