Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
bestcoins1
on 22/08/2024, 14:56:30 UTC
You are right, indeed anyone can make a profit from trading as long as they have good skills and knowledge about trading and choosing to invest Bitcoin in the short term is highly discouraged because the price of Bitcoin is very volatile so this will be very unlikely to be able to generate profits in the short term, but it would be great if we continue to accumulate Bitcoin assets and hold them for a long time to be able to make a profit from holding these assets and we also have to keep planning before deciding to start in order to be able to run the investment properly, as you said it is very right we have to think about emergency funds so as not to interfere with the assets that we have invested when we suddenly need the funds.

This is not about trading, but more about buying and holding it as clearly stated in the topic of discussion so that people who like to buy Bitcoin and like to hold it for the long term will definitely prepare everything that will not interfere with their steps for this such as providing reserve funds for certain needs so that we can hold Bitcoin with sufficient focus and also quite safely. And anyone can do more work in their life, but for buying Bitcoin and holding it in the long term must be done separately without having to mix it with other work. Because everyone must have a focus on whatever work they are doing at the moment, including when they want to buy Bitcoin with a certain accumulation.