Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
cryptoWODL
on 02/11/2024, 04:15:27 UTC
People look at the value of Bitcoin for a number of reasons.  Paying attention to the Bitcoin market does not mean that recruiters sell Bitcoins.  Checking daily prices means finding a very good time.  This reduces the stress of long-term holders and increases common sense and motivates them to invest in Bitcoin, as well as they can relate to market dynamics. Bitcoin market is very volatile in nature, it can go up in a short period of time and fall in an instant.
I feel that if an investor observes the regular market after investing and gets excited due to negative or positive changes in the market, he will never be able to hold his investment for a long time. A person is monitoring the market to invest continuously but if another investor checks after investing little by little how much profit or how much loss he has, but this will create obstacles in keeping his investment for a long time. People who have such habit should invest in bitcoins and forget about their investment after investing and check their investment again after certain period of time. Thus hoping every investor will be successful in holding the investment in long term plan.
What you mean is that an investor after making an investment will be ready to sell his investment if he sees a positive or negative trend in the market after regularly monitoring the market. No it is not correct at all because monitoring the market regularly does not mean that he cannot prolong the investment. Investors gradually become more experienced about the market as a result of regular market observation. There are many people who constantly monitor the market while investing, the main purpose of which is to see if the price of bitcoin has decreased in the market, if the price of bitcoin decreases, they will take the opportunity to buy more bitcoins during that dip. Many also observe how much their invested portfolios grow as the value of Bitcoin increases.