Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 04/11/2024, 21:47:30 UTC
⭐ Merited by JayJuanGee (1)
It is clear that after making a long-term investment, if an investor monitors the market regularly and due to small changes in the market, that investor himself is affected and sells his investment, then this investment strategy is not called a long-term investment. If an investor sells his investment at some profit after purchase then we will consider it as early trading. Investing is not as easy as it sounds. In long term investment planning an investor needs to be patient enough and have the mindset to sacrifice a lot. After investing it is normal to make profit or loss due to market volatility, if you cannot hold enough capital during this temporary profit or loss then the investment is worthless.
As we often repeat, an investor who is willing to invest in bitcoin for a long time is anticipated to sell his investment after three or four years because, historically, the market always reaches an all-time high after that time.
I want you to understand that any bitcoin investment that is below 4 years is not a long-term investment, and you should not encourage any investor to sell his bitcoin after 3 years because he might be chasing short-term profit, which does not align with the aim of this thread.

I agree with you in Long term investment investor need patient enough time and mindset to sacrifice allot because of market volatility.
You are sounding as if you are passing through a lot of stress or pressure in accumulating bitcoin or you are depriving yourself your basic needs just to accumulate bitcoin. we are aware of the volatile part of bitcoin, and that is why it is always good to invest in bitcoin with the money you will not need for 4-10 years or more so that you will not be dismayed if there is a little drop in bitcoin price or sell you bitcoin even though you are at a loss just to survive.

Beginniners should know that not everything they see or hear from a thread they will use to establish their own investment, there are some strategies that will work for Mr John and it will not work for Mr Paul if they invest different capital in that investment, you as a beginner, you need to carry out your personal research before doing what you hear or seen in the thread because there are methods they will not display on that thread for you not to know everything about the methods but if you concentrate and go deeper in research, you will definitely get it right to boost your income in your investment.
If we have two newbies who want to start their bitcoin investment, the DCA strategy is the right strategy for them to adopt in accumulating bitcoin, and it will work out for both of them unless one of the newbies uses all his money to invest in bitcoin—that is only when the DCA strategy will not work out for both of them. Even though newbies are relying on this thread to start up their bitcoin investment, that doesn't stop them from carrying out their research about bitcoin because it will help them widen their knowledge about bitcoin, but I want you to know that all the methods or strategies used in accumulating bitcoin have been mentioned and discussed here.
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Bear season is the right way to earn income in your holding when bull season begin to display, do you want to buy bitcoin now? I will advice you to wait for the price to decrease back to $50k before you can buy and hold for long years, before you can think of release them for sale and it will open your eyes to see that long holding is profitable than short holding.
I know it is good to accumulate bitcoin during the bear market because you will accumulate a lot of bitcoin with small money, but it is not right for someone to wait for the bear market before he can start his bitcoin. You can start accumulating bitcoin with the DCA strategy whenever your money is readily available, which will allow you to be more active in accumulating bitcoin than someone who is waiting for the bear market to come before he can start his bitcoin investment. Trying to time the market will not be of any help to you, and it might delay your bitcoin accumulation journey or make you miss out on bitcoin because you are not certain if bitcoin will dip today or tomorrow.