Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 16/08/2024, 09:31:38 UTC
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.

To be frank there's no best or right time to purchase bitcoin. Such mindset is literally wrong , alot of people may think that buying the dip alone is the best way to go when it comes to bitcoin investment which is wrong , I know buying the dip may serve as an opportunity for to purchase more quantities at a cheaper rate , but doesn't mean that's the best time to purchase Bitcoin. One of the reason is that we can't tell or predict bitcoin price movement , so how you going to tell if the dip may continue or if it's just starting. And this kind of strategy is for those that are into short-term profits and stuff.

As an long-term Investor there's no best time to purchase bitcoin, so all the time you have to purchase bitcoin is the right time so now is the right time, aslong you have the funds you can Start purchasing bitcoin using DCAing to buy at different price interval. Because focus on the dip alone you may only endup missing out not only that you will endup slowing the growth of your bitcoin stashes. The people that can also focus on the dip alone if they chooses are those that have already hit their Bitcoin goal having enough Bitcoin stashes.