Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 21/09/2024, 11:04:01 UTC
BUY DIP AND HOLD by properly researching when bitcoin price is going down and when the price is going up.
As a newbie, you should be more focused on your learning process and not teaching about bitcoin for people to know you can contribute to this thread. As time goes on, if you dedicate your time to learning bitcoin, you will understand bitcoin easily, and when you see someone passing a wrong idea about bitcoin, you will always correct the person because you know what the person is saying is wrong. Always waiting to buy bitcoin in a dip is wrong; this approach will slow your bitcoin accumulation plan because you will be less active in accumulating bitcoin, and if bitcoin fails to drop to your expected price, you will keep waiting for the price to come, which can cause you to miss out on bitcoin. If you are so concerned about buying bitcoin in a dip, you can divide your investment money into two equal parts; you can use one part to consistently accumulate bitcoin with the DCA strategy either on a weekly or monthly basis, and you will keep the second part and use it to accumulate bitcoin whenever there's a bitcoin dip.