Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
mirakal
on 02/10/2024, 23:58:31 UTC
So in a different way but everyone has a big target in bitcoin, which is to save it and have a lot of Bitcoin in their wallet. Regardless of the accumulation method, it is still one direction, namely holding it for a long time.
Exactly, that's what we're all aiming for Bitcoin. We want to have more BTCs during the bull run and have it sold, not all of it at a better price.
Selling all isn't a wise decision because in the next years to come, the price of it will be higher.

As for fees, it's not a problem, but as you said, sometimes it's really annoying.
The fees are only becoming a problem when the network is being spammed. But so far, there's no signs of it and hopefully they won't appear anytime soon.
There’s actually no problem with fees, if you find it quite expensive, then never decide buying at that moment. As simple as that, otherwise you are already at loss before you start making some returns. That’s why a lot have been trying to emphasize here that patience is the key. If you can’t be patient on your market entry and exit, you will never achieve your target profits in your investment.  And also, consistency in doing DCA will certainly lead to a massive investment. But still stick to the basic to always buy using your spare money, an amount that you can afford to lose.