Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Jewan420
on 20/08/2024, 04:43:29 UTC
If you are completely new to bitcoin investing then you must know and understand enough about bitcoin before investing in bitcoin and then you need to invest in bitcoin.
Can't agree with you. It is important to have basic knowledge before starting investment. That is, if you have enough knowledge, you will be able to start investing. But the knowledge you mention doesn't seem to refer to elementary knowledge. After starting investment you need to acquire proper knowledge so that you do not mismanage your investment.

so without losing patience we always have to invest with a long term plan and check the market if we can invest in this way then surely we can achieve bitcoin success which is  It will make us more interested in investing.

I don't think there is any need for the investor to test the market in the DCA method. Market monitoring is essential if you trade or gamble. Here you sound like a trader. When you plan to invest, buy when it makes sense. You don't need to monitor the market. If able to invest, buy and hold regularly without looking at the market.