Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Kelward
on 10/08/2024, 09:08:24 UTC

Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be  less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.

Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment. 

DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.


The main reason why we buy the dip in Bitcoin is because it's a long term investment and the longer you hodl it your return on investment will keep increasing. It's a volatile asset and that means that it's price will always pump and dump because of the forces of demand and supply,. But the uniqueness of Bitcoin is that it's pump will always be far greater than it's dump on the long term, leading us to see new ATH prices in the future. During price dip is the best time to buy Bitcoin and hodl it, don't worry or panic about it's fluctuations on the short term, focus on bull run when price will skyrocket. Ofcourse the best strategy for buying Bitcoin is doing DCA method, by this you'll keep buying for the long term and your ROI will keep increasing.