Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 27/11/2024, 11:23:39 UTC
After listening to you I can convince myself to invest in Bitcoin again. Although I have little knowledge about Bitcoin and I think this knowledge is not enough yet. I have invested very little in Bitcoin, which has given me a good profit. But now that the price of Bitcoin has increased, I am getting more and more worried about investing or to be honest, I am a little afraid. Because I am a child of a middle-class family and I have to think very carefully about what I have to do.
However I think I want to use some of my money to invest in Bitcoin for at least another year. If I could get some more advice from you on how wise it would be, I would be very benefited from my heart. Because my Bitcoin journey is very difficult and ignores family opinions.

Many times we keep talking about this things but it still looks like some people don't understand this things, that's why we will keep saying it hence it will straighten up intending and existing investors that doesn't understand that waiting without investing because of price increase is very dangerous, though some persons will say I have heard about the dip as the best time to buy, it's very funny to hear those craps, as an investor who is ready to invest, why will the price of Bitcoin be an obstacle to you, although sometime this might as well be as reason of lack of understanding and information that exist among new folks in Bitcoin.

Buddy I have seen where you wrote that you have invested a few bucks in Bitcoin and as a matter of fact the profit turns out to be very good so why are now afraid? If it's the price, haven't you heard of DCA method, you don't need to occupy your mind with such stress called price, get back to business with DCA method because it allows you to invest with the little you can consistently without any form of panick stress, you said you don't have a versed knowledge on Bitcoin, but do really need such knowledge as you said to keep doing what's expected of you, you have started this journey already which means you already have a portfolio no matter how small, for me it will be better for you to continue with the little you can, but I must be sincere with you remove your mind from anything short term because it won't do you any good, what you need is to set a long term goal and work towards achieving it, the future should be your target, the price shouldn't be a problem because at all time you can buy Bitcoin with DCA method, the increase in Bitcoin price should be an encouragement to you that Bitcoin can do more than the price you are seeing now, if am to advise you, I will say keep doing the needful to avoid regret in the future.