Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Btcdeybodi
on 22/07/2024, 14:47:27 UTC
The fantasy to Invest on cryptocurrency is to actualize profit but after being invested and the market made frowning of Dipping while you expected increases based on your investment goal, you can actually panic to sell when you do not trust the coin you invested in but if invested on Bitcoin, I bet keep hodling and buy more at the Dip and keep hodling will incline you a whale accumulator because after the Cons comes the Pros.

Here on YouTube an investor expresses aggressively of his coin Dipping and so he also buys at the Dip. He could not accept it any longer as it even fells that the more he buys is the more it Dips https://youtube.com/shorts/lcMcTwS_uZ8?si=E4xrSYJiILZRg2r-.

Literally I will not say he invested on the shitcoins as the coin was not specified but i think he did not understand the liquidation or reputabilities of the coin he Invested which caught his mind off of being disappointed.

But if he does understood the concepts of the coin probably not a good coin for long holding, then he would had sold out so that he does not go empty handed watching the coin Dipping probably it might go dumped but if invested on Bitcoin, come on as much you buy at the Dip and it keep Dipping and you are buying more and hodling, you are eventually getting in the whale house of huge accumulation.

Hey we ain't talking about cryptocurrency or any form of shit coins here as our major discussions here is strictly Bitcoin related so if you want to talk about some pump and dump coin, you channel your energy to the alternative cryptocurrency discussion sections however, I don't know the coin the YouTuber bought but if it was bitcoin that he bought at a DIP price and it DIPs even further, it's not for him to panic because every DIP is an opportunity to buy more at a DIP price which is also an advantage to make more profits in the long run.

However, Bitcoin investment is not for the weak, faint hearted or emotional people so if you must invest in Bitcoin then you must do away with emotions especially when a DIP happens and from what I saw on the YouTube video the man is actually blaming his friend for persuading him to buy Bitcoin with the orientation that the price will increase after he has bought but the man bought and the price DIPs which is to say that if anyone wants to persuade people to invest in Bitcoin then they should be open and let them know about Bitcoins volatility, about the upwards and downwards price movements so that when the price is DIPPING they won't panic at all and begin to blame you. You should make them understand the need to have a long-term target and shouldn't worry about if the price skyrockets or Dips, they should be more interested in being consistent in their DCA and accumulate a whole lot of stash in their portfolio.