Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 02/08/2024, 17:33:22 UTC
I`m in it for a good 10 years from now anyway, so may as well just set-and-forget really, the thought of watching charts for the next 10 years really doesn`t appeal to me.
I know you are new to bitcoin investment, but I want you to know that since you are investing in bitcoin for the long term, there will be no need to read any charts before you can accumulate bitcoin because you are not accumulating bitcoin for short-term profit. Bitcoin investment is simple, and since you are a newbie or a new investor in bitcoin, I will advise you to accumulate bitcoin with the DCA strategy so that you will not need to time the market or read any charts to guide you to buy bitcoin at a low price, which may delay your bitcoin accumulation journey because the bitcoin price might not reduce to your entry point. With the DCA strategy, you can accumulate bitcoin even when the price is increasing or decreasing, and it will also help to control your emotions.