Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Salahmu
on 23/09/2024, 14:26:41 UTC
⭐ Merited by JayJuanGee (1)

You are wrong; no bitcoin investor who is accumulating bitcoin for long-term purposes and understands bitcoin will get scared anytime there's a dip; rather, the investor will see the bitcoin dip as an opportunity to
Lol unfortunately we humans
No matter how we trust in a thing we still get scared sometimes
Like when is it going to stop?
How much is it falling?
Even Christians do get scared despite their faiths in Christ.

You are totally deviating from the discussion that led to the argument because the scared of a Christianity has nothing to do with Bitcoin investment, so in terms of being scared is very normal for those who just started Bitcoin even if there intentions is for holding because people are different so as there determination because there are new  holders who can often get scared during there early stages of Bitcoin do to the fact that they have not fully grasp the potential of Bitcoin but however as the time goes that's how they are seeing reasons why they can never be scared or have a doubt about Bitcoin.


It is best for beginners to buy DCA method as it has very low risk.
I started buying Bitcoin DCA method from December 2023.

In my own DCA and purchase data, I bought corn at these prices on those dates at the end of each month:

22 /11/ 2023 $ 43,997.9 (DCA)
31 /01/ 2024 $ 42582.61 (DCA)
28 /02/ 2024 $ 62504.79 (DCA)
30 /03/ 2024 $ 69892.83 (DCA)


In Bitcoin investment what guarantees your possibility of reching your milestone is being very consistent because even when using DCA nothing is certain for you on less you devoted your time for it because I have seen that from your record you have not been very consistent on your Bitcoin accumulation because I'm seeing from your table that from 2023 November till now you have only accumulated four months, however if we calculate from last year November till now we would be having 11 months which means that you have not been able to accumulate Bitcoin for 7 months which is not good for you considering the long way you still have before accumulating your target, so since you have not gone far you need to be more accurate on your targeted bases.