Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Ruttoshi
on 22/10/2024, 08:40:59 UTC
So I think we should focus on Bitcoin instead of other coins, because investing in Bitcoin will make you a good trader.
Investing in bitcoin does not make you a good trader, because investment is not trading and bitcoin is not good to trade but shitcoins. You should know that long-term investment in bitcoin is how one should invest and not on short-term because you are eager to take little profit and you forget about building and growing your bitcoin investment for the future. A new investor should not think of trading or see trading as a way to multiple his bitcoin, because that is where the chance of you losing your bitcoin is very high.

Stick to only investing every week or month with DCA and be consistent with your regular buying for 4-10 years and above, so that you can have a good size of bitcoin portfolio in the future when you might not have the opportunity to buy bitcoin. Bitcoin is one of the best investments currently, and it is open to all to invest and benefit from it in future, if only you can keep your DCA ongoing and increase your bitcoin investment overtime is when you will enjoy from it when the price of bitcoin becomes very expensive. Don't regret not using the opportunity of not stacking up your bitcoin and hodli for long in future because you are busy distracting yourself with little profits that is not guaranteed by trading