Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
laijsica
on 23/09/2024, 08:39:41 UTC
Shitcoins has frustrated a lot of people and I ask are people blind to see what is happening because I'm still seeing some people investing in shitcoins the risk in shitcoin investment is too much and should be avoided.

Every person should have negative thoughts about Shitcoin. Many people invest in Shitcoin only to make profit despite knowing its disadvantages. They know there is more to lose than gain in Shitcoin. Temporarily a number of people are lured by the phenomenon of earning from Shitcoin and they get into Shitcoin. Their aim is that they too will earn more money in less time and become rich overnight. I think they are deluded and will realize it after they lose more.
But Bitcoin is such a situation that the fear of losing money is close to zero, if he is ready to hold it for a long time then surely Perth will benefit several times. But generally we need to know our Bitcoin buying strategies which we call as DCA method, you can definitely be successful if you buy investment regularly. And if you can buy bitcoins in the deep market it will be possible to hold more.

Depositing Bitcoins with the DCA method requires you to keep buying regularly and uninterruptedly, making it a valuable strategy for constant depositing regardless of price. The tendency to wait for price dips should be abandoned. Yes if you have excess fund flow then strategy of over-accumulation during dips should be applied as a successful investor tends to over-accumulate during every bearish period to take advantage of holding more. If you can consistently build a pile of valuable assets like Bitcoin and travel multiple circles, you can be considered a successful investor.

There will be a tendency to increase the abundance of wealth among people but not everyone can establish ownership of wealth. Those who can must have extraordinary criteria that make them successful. If you want to be among the successful bitcoineers, the DCA method recommends keeping a long term trend with the trend of accumulating bitcoins.