Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Agbamoni
on 19/07/2024, 10:49:05 UTC
That is why every trader needs to take time before making decisions and for this, I don't want to put the hassle on myself so it's best to HODL.
Trading is not an option for people who want to achieve a good investment. Waiting for a price drop and buying and waiting for a price high then selling at some point is going to feel better as you make those quick little gains. But am going to say this there we be a time when an investment is supposed to kick the saddle and make some inclined decisions on his investment. Hodlnig is better any day, and it is comfortable for both new and old investors. The only knowledge required for hodling is to ensure that your Bitcoin is safe after you've known how to buy. On the other side, trading requires a deeper understanding which to some extent can be limited to a few persons who might end up successful in it. So why risk it all in trading instead of holding as an investor?

Buying and HODLing bitcoin is very stressless,
I understand the peace when we just buy and hold bitcoin for long term. But at the same time, we have seen what happen when there is a bear market and price dips. People begin to panic a start selling off, and also don't forget how life even can occur, when it throws a curve ball that may make someone tap into their investment. Honestly there is less stress and less room for mistake if only an investor can just maintain absolute discipline and tolerance. Which we know that many humans find it hard to have tolerance.