Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy the DIP, and HODL!
by
Marvelockg
on 17/09/2024, 15:36:12 UTC
⭐ Merited by JayJuanGee (1) ,Obari (1)
There is nothing wrong with thinking about prices because basically the market has different cycles. Prices fluctuate all the time and investors need to know when is the best time to do so. You can't completely ignore the price when your financial strength is only $10 to $100, meaning the lower you buy, the more bitcoin you have. It is not always right to follow other people's advice, of course because you have to do your own research with a good strategic approach.
We have to think about the price that's why when we invest in anything we must first think about how much capital he wants to invest and we have to invest carefully. Many times it is seen that we invest in a hurry without thinking about the capital, due to which we suffer a lot in investment, so before investing, we must think about how many dollars we want to invest and how much capital we will get through this investment. We have to confirm that. When we invest, we invest to earn a substantial amount of profit from the investment, so we have to invest in such a way that we get a substantial amount of financial gain from the investment, and the success of our investment makes others interested in investing as well. Due to our big decision many times we suffer a lot in investment so due to our right decision we must check the market and invest with a long term plan.


I just want to bring to your notice that you have mis quote another user, please you can check very well to avoid further mistakes in subsequent times.
apart from the fact that he quoted the wrong person, it seems that he has misunderstood the meaning of Thinking about the Bitcoin price as used in the context of the quote he is referring to.

The person he's quoting is suggesting that it's best to be concerned about the price that one is buying his Bitcoin as it's a way of buying at a cheaper rate which is same as timing the market before eventually buying. He on the other hand is looking at it from the angle of doing proper planning and ensuring that we're investing with the right amount. Those are two different things and As we continue in our discussion, it's best we try to understand the angle the next person is coming from and come into the discussion with a balanced understanding so our point don't go off as one that doesn't relate well with the line of thought we've established here.