Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 30/09/2024, 13:56:48 UTC

Coin selection before investing in DCA investment method is very important for any investor. Now if we choose one of the worst coin to invest in and invest in that coin consistently for a long period of time, we will never get success from that investment. First of all we have to focus on coin selection, when we can select the right coin then we have to make sure which method we will invest in. For example, I first considered Bitcoin as an acceptable coin to invest in and then tried to consistently invest in this coin. I have maintained my investment for several years and will continue to do so in the future.


It is better for us to get clarity on what you are actually saying, what selection are you really talking about, I think may be you have forgotten the exact subject of discussion here, let me remind you, we are actually talking about a good strategy that intending and existing investors should apply in other to accumulate Bitcoin without stress and also making investors to understand that there is no need of waiting to buy Bitcoin during the dip since a good method like DCA method that allows investor to buy Bitcoin at ease with the amount the can afford continually, consistently, slowly and steadily, and we are also stating reason why individuals should not involve themself in any form of short-term investment thats is capable of discouraging their investment goals, having said said that, one would have known that shitcoins are not options for investment, so as a matter of fact every digital asset intending and existing investor concentration should be on bitcoin investment.

I think you would have stated it categorically that new and existing investor should always think about investing in Bitcoin not any kind of shitcoin that's capable of dumping totally and ruining individual investment plans instead of saying they people should consider selecting a good coin before the can invest, with such statement you will be misunderstood by many bitcoiners here because we all know that Bitcoin is the right coin I invest in and that's why it is the highest valued digital asset with the ability of profiting  it's long-term holders.

You said you considered Bitcoin as your best coin and thats why you having been doing the needful by acumulating and hodling up till date, why did you now say that people should consider coin selection before investing, you sounded as if there is other coins that are contending with Bitcoin, I think you would have go straight to the point by telling new and old investors that accumulating Bitcoin with DCA method and holding for a long-term is the goal nothing more, nothing else.