Older cryptocurrency investors will read this post as a reminder to why they are still HODLING BTC despite the current market situation of which is the dip.
I always believe holders have more to gain by HODLing BTC until it is most favourable to liquidate or diversify this portfolio.
I understand the current trend is for investors to take advantage of a newly launched coin after a pump, just for immediate profit, and this makes me understand that some coins like BTC is better at HODLing for future wealth guarantee rather than for quick profit during pumps or dips.
Holding is always profitable as long as one understands the concept of buying so that the assets owned will increase.
Holding in small amounts with no mining method will also not be profitable because the assets we have do not increase over time.
That is why I said that a price drop like now is a strategic move to buy even though we can also use DCA.
New coins are quite risky because if someone makes the wrong move to sell, it will make the coin worthless.
Speculation on new coins is much riskier when someone does not understand the journey of the coin and will result in losses if wrong in analyzing.