Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Huliya
on 23/12/2024, 17:07:58 UTC
Having straightforward and real goals to achieve is great on the market, with Bitcoin or with something else.
Greed and other stuff can ruin any person eager to risk, but it's essential to stay in the reality which is constantly changing - and it's pretty hard to miss out with Bitcoin, if you understand it and how it behaves on the market in the first place.

Everyone knows that Bitcoin is the most volatile asset. The DCA method was created to make this volatile market easier for people. We all know that greed destroys people. But when investing, it is not greed, but consistent discipline. I think that to achieve success with Bitcoin or any other asset, it is enough to be consistent and disciplined. If you only understand the Bitcoin market, then you are just wasting time. But it would be wise to continue investing at certain times without paying attention to the market at that time. Setting a specific goal for investing in Bitcoin is very important.

You have to be especially persistent so that you never sell or lose it before you reach that goal.