Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Roseline492
on 03/08/2024, 16:29:27 UTC
⭐ Merited by JayJuanGee (1)
A holder's main objective should be to increase the amount of Bitcoins so that he can build permanent assets in the long term.
I disagree with your statement because if an investor's main objective is to grow his bitcoin investment, the investor will not be able to hold his bitcoin for the long term.

I think what @Rabata was trying to say is that as a holder you should always continue to accumulate on a consistent basis in other to build up a good portfolio, so it was based on how he constructed the message that makes it sounds somehow but however he is actually right because that's our individual goals to be able to have a good sufficient amount of Bitcoin on our portfolio and of course to achieve those goals we should be able continue our accumulation.


Buying on a dip is definitely a good idea but an investor cannot get advance information about when a dip will occur. And if he can't buy from the dip, his bitcoin portfolio won't grow.

Of course everybody knows that buying at dip is good but however when somebody wants to make it there only investment strategy that's when it can become a distortion to there chances of having a good investment portfolio in the future which is why is very important to put some fact in consideration before going into buying at dip alone, however most of the questions they would need to ask themselves is that how often will the dip cames?, what if it takes a long time before it comes what will be my faith? Or what if I'm waiting for the dip and the price went very higher beyond my expected points and only dip a little what will I do?, actually if only those who focus only on buying at dip will answer themselves this question they would likely see the need to have a DCA included on there investment strategy.