Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
bitzizzix
on 09/09/2024, 18:18:14 UTC
Investing in Bitcoin with intentions to buy and hold onto it for a longer period is a simple process for any investor who is willing to make bitcoin a choice of investment. All what you you do is to follow the procedures  to buy bitcoin with a DCA strategy on a regular basis, doing it and accumulating consistently to increase your holdings.  This is what really matters by doing so you are likely positioning yourself to reap the benefits from the long term holding. Bitcoin has proven to be successful choice of investment All you need is to know the procedures on how to buy bitcoin.Every investment risks is involved but following a defined procedure can be successful. Holding onto Bitcoin for the long term can be a strategy to achieve good profits with less risk, Consistency in your approach with DCA.

Of course, now is still the best moment to get the best price, for those who are smart, they really take advantage of conditions like now, but there are still many who are not aware and are still busy playing with their funds by buying other coins that are not important, talking about risks, of course, all of them are there and one more thing, the price history will give us guidance in investing.
We can't blame them because they are most likely less knowledgeable and do not know the benefits of Bitcoin in general, and maybe the reason is that the price of Bitcoin is already too high so that they can actually buy in small amounts according to their ability. And maybe that's some of the reasons they buy other coins and besides that the hype of new coins especially memecoins is increasing which is actually very risky for them. And it is true that at this time it is still the right choice to buy or continue to do DCA on Bitcoin because in the end the price of Bitcoin will go up again and continue to rise which will provide good profits especially for long-term holders.