Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
laijsica
on 20/09/2024, 03:39:45 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 are a brand new investor there is no need to diversify, you can start out by investing and/or saving in bitcoin and cash, and as your investment portfolio grows then you might want to consider starting to diversify some time down the road, maybe after your biitcoin holdings might have reached a certain size or maybe a certain level of your expenses.. perhaps when it gets somewhere in the range of 1 year's worth of your expenses, yet it is not absolutely necessary to diversify beyond bitcoin and cash, at least in the beginning.
New investors are often more focused on making the mistake of making more profit in the short term, which can be a misconception when it comes to Bitcoin. At least he should keep a fair holding and that may be through regular accumulate and on a weekly or monthly basis. Newbie investors should be more careful to continuously enter the market so that he/she can reduce the undesired risk. An ideal way for them is to start depositing bitcoins in DCA method and this method can be continued for a long time if they have a disposable fund.

At a later stage, if he wants to increase the deposit and his earnings tend to increase only with the increase in Bitcoin deposit, he can do so. A common mistake that a new investor makes is to decide to invest all his money in Bitcoin and its tendency to skyrocket but he must keep a logical balance of real assets invested with valuable assets and make investment decisions with the amount he can afford to lose.

I don't know what you are referring to in regard to real and/or valuable assets and that you need to have such balance in order to invest into bitcoin which you do not.

Bitcoin is a valuable asset. I wanted to explain the importance of tangible assets and the synergy between valuable assets like Bitcoin. A new investor who neglects real assets and overemphasizes only accumulating bitcoins may end up failing long-term investments. emotional. For long-term investment management, the backup fund should be counted among tangible assets. Both permanent and temporary assets are important. Investment success depends on the combination of each asset and the amount of backup fund is should be sufficient to meet the needs of the family for 6 months or more.