Re: Buy the DIP, and HODL!

Dips are unpredictable, so instead of waiting for this period to invest, one should set a fixed source of income and prepare to buy bitcoins immediately i.e. buy bitcoins continuously and prepare to prolong Holding. By buying Bitcoin regularly you can take advantage of any time in any market.

The sky is not always clear, there are times when the Bitcoin market suffers and falls, it's just that, Investors don't know when that will happen. Some investors think that when a downturn occurs, the best thing to do is to take a step back and wait. However, this is a wrong assumption, as Bearish conditions are the best time to increase your portfolio and get more Bitcoin for the next market cycle.

To be frank Bitcoin accumulation seems very easy but a slight mistake can affect one investment, that's why we have to take precautions when we are investing in Bitcoin. Bitcoin investment is not all about accumulating anyhow ,is all about following the right procedures while accumulating.

Some folks can be accumulating bitcoin aggressively but at the end they would endup ruin their bitcoin investment, Because they didn't follow the right procedures, by being over aggressive without any proper plan like having a backup funds ( emergency funds ), which may lead one to point of not being able to keep up with his expenses and same time with his investment, having the only option of selling off his investment inorder to keep up with his way of living and stuff.

My point is that Bitcoin investment is something one need to approach with proper planning , but with those planning and with enough cashflow. One can easily secure a long-term investment in Bitcoin. Wink

I would also like to add that you should always remember that you need to leave money for everyday expenses, because many investors make a mistake: they want to quickly accumulate more Bitcoins, and therefore allocate too much of their Fiat for buying at DCA, after which they do not have enough to live on. And they have to withdraw cryptocurrencies back into fiat, and such an approach partially ruins the idea of measured and correct accumulation of digital gold.
It is also imperative not to forget about security in terms of programs and phishing.