Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
livingfree
on 15/09/2024, 23:51:22 UTC
Get back on topic, buy on dips and hold.
Do not bring or continue the conversation towards loans and lending because that is out of the idea in this topic.
Take a lot of time to understand properly how to invest properly, because you are betting money in this investment, so make one wise decision to succeed.
I am with you, let's discourage people using Bitcoin as a collateral and the same goes for people using something as collateral to buy Bitcoin. If you want to buy Bitcoin, use how much you have and focus on DCA. Bitcoin won't run far away from us, it's always there in exchanges unless they start to limit the in flows and out flows of BTCs being bought on them but that's more unlikely to happen at this point.

Practice investing in the early stages, strengthen the budget first for your living needs, set aside a few percent because investment is not for one week but one year, five years, ten years and can even last a lifetime. So little by little it will become a hill. Just buy routinely like most people have done.
Exactly.

Investments aren't mostly for short term although if you're in a jackpot and your investment pumped a lot in a short period, that's for you to decide.

But in the case of Bitcoin, this is better for long term holds.