Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Ojima-ojo
on 15/08/2024, 21:53:08 UTC
⭐ Merited by JayJuanGee (1)
The thing is that people doesn't know the exact time they invest in bitcoin, even as we are campaigning about bitcoin investment when to invest and when not to invest, its truth that the beat time to invest in bitcoin does not exist but people do emphasize that the only period you can invest in bitcoin is when the price of bitcoin is low, So people doesn't know the actual time to invest, for me I do invest in bitcoin anytime I feel like to invest in bitcoin, so I believe that with such investment that is not planned you can make a profit, the thing is that anything you have funds don't hesitate to invest in bitcoin, in future it will yield positive for you.

It is a bit funny or strange how so many of us are emphasizing that it does not matter when to invest in bitcoin.. or even stating that the best time was yesterday and the second best time is today and at the same time to just get started and continue to invest into bitcoin for 4-10 years or longer and then reassess somewhere down the line if you need to change your approach.. yet at the same time, so many members (including you Onyeeze) believe that waiting for some kind of a low price is the right approach to investing in bitcoin... which is starting to sound a bit retarded how frequently such nonsense is repeated.. as if it were repeated (even from seemingly smart forum members) on purpose...

Even though I like the title of this thread, the title of this thread may well be provoking some members into thinking that buying the dip or waiting for the BTC price dip is the preferred approach to investing in bitcoin, and maybe those folks are going to have to "have fun staying poor".. because there seems to be quite a few forum members who seem to believe that waiting rather than acting is a meaningful/effective BTC investing strategy.
JayJuanGee I have being noising some ill feelings about those forum members who believe that waiting until price dip to buy Bitcoin is the best approach to Bitcoin investment sometimes is sees such statements as statement coming from those who are desperate to make money from bitcoin and not knowledge about what DCA really is, because for someone who is an experienced Bitcoin investors, you should know that every time is buying time regardless of what the price of bitcoin is and the market situations.


Because the only important thing in buying bitcoin is that, you are investing the money you may likely not have need for long time, because bitcoin investment have to do with time and the time is not accurate anything can happen, that is why, it is so important that you buy the bitcoin with your left over cash flow that you don't have need for long time.