Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
red4slash
on 19/09/2024, 15:43:53 UTC

I think deep buying is not a long-term investment strategy, it is a form of short-term market manipulation, although it can be profitable if executed correctly, but it is very important to distinguish between short-term strategic action and well-thought. -Out investment plan. Deep buying can be profitable but it also has risks, you diversify your portfolio and you allocate the ability to lose it.

If you look at some of the previous discussions I think we have often discussed about disverification and when you are someone who is new to bitcoin (new to investing in it) and still has minimal money you should just focus on bitcoin without the need to verify because things like this are not really needed.

Not that I am against the opinion of disferivisation but of course for the sake of your convenience in investing so as not to think too much about dividing the money you have to invest and to make an optimal situation from the investment you are currently doing then just focus on one investment in this case bitcoin. Because in the end, when a beginner invests, it is certain that apart from having to learn the lag in terms of knowledge, they are also required to look for some feasible schemes so that how the investment is made does not make themselves wrong in acting so that dissverification is not too necessary to make you not more dizzy with various choices.