Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Furious 7
on 11/08/2024, 05:49:37 UTC

Of course, the best time to invest is during the dip. You have to make a long term plan, and stick to that plan, you keep investing some part of your income regularly, and that investment must be from an income that you will never need, That is, you cannot depend on that invested money in any emergency. Don't panic and keep holding, and keep investing and holding until the real bull run happens. You will see that your ROI will be the minimum more than 3X after the original bull run.
I'm actually a little lame with the statement that the best time to buy is when the price is falling.
Looking from the situation of buying when it goes down is very good but in the end waiting for a decline is necessary and it is not short because of some considerations even though it is going down sometimes we expect more things with a decline to be further that in the end we do not buy and momentum is just missed.
I think in this case the best time for us to buy is when we are ready to buy without any element of coercion and of course we are ready with all conditions including losses so that we are more comfortable in making purchases because we already understand the risks we will have after buying.

Not that buying when it goes down is the wrong situation because after all it is a good thing and sometimes it has to be done especially when the target is long-term then it is clear that buying when it goes down and continuing to hodl until our goals in financial freedom are achieved is clearly a good thing but I don't feel this is the best purchase because there are still many loopholes including the war of thought when prices go down but we don't want to buy because we expect more decline it can be a loophole in this case. and when there are still many loopholes in my opinion it is not the best purchase.