Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Asiska02
on 16/08/2024, 20:33:01 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.

When you’ve started your investment in bitcoin, it should not be a choice again and only to invest when you feel like going forward. You know your expenses and also know how much you can spare weekly or monthly to put into bitcoin, so have a plan and employ the DCA strategy to reach your goal. If you want until your mind feels like to invest before you do, you would have missed a lot of opportunity to buy at a lower price. So once you’ve made up your mind, go for it unless your income at some point hinders the process and you have to stop and continue later.

Well I did want to sell off just a little bit of my Bitcoin when the price was 60,000. But then I said to myself I am going to still HODL and not sell anything.

I think there is going to be a big 'bull run' before it is the year over. So we can wait for this time to happen and then I will maybe sell just alittle.

That it self is not guaranteed, I hope you’ll be able to Hodl longer if by that time the bull run doesn’t come. Don’t be tempted to sell now that is why funds invested in bitcoin should be that which you’ll not need for a long term. Don’t rush to sell to miss the main bull season.