Post
Topic
Board Bitcoin Discussion
Re: Still got enough cash to buy this Bitcoin dip?
by
glendall
on 16/09/2024, 12:50:15 UTC
I'm averse towards borrowing to invest no matter how sure I am.
If the prices falls more there's likelihood you would sell in loss in scare of losing more
Thus been unable to catch the pump.
I doubt I would sell an asset especially one that's required for my everyday use.
I don't know as a trader
But As an investor I believe it's worth the risk for me to buy the dip.
Doesn't mean am going to touch funds that's going to get me emotional if more dip comes
Invest only what you are comfortable with.


because basically we invest to save if the market conditions continue to decline and we need money, we are forced to sell at a loss, rather than having to borrow from other people, because the price of bitcoin cannot be determined when it will go up and when it will go down, so I personally prefer to sell at a loss rather than having to get into debt to wait for btc to reach its highest price