Post
Topic
Board Speculation
Re: Buy every dip, and HODL!
by
avp2306
on 15/01/2025, 08:20:48 UTC
recommended to choose your youth age to do this and continue to accumulate Bitcoin regularly. If you can build a decent-sized holding by accumulating Bitcoin during the prime of your life you can be rewarded for your time well spent. Some investors either out of greed or emotion decide to sell their valuable Bitcoins which can dull their feelings at the next high price. Because it is clear that Bitcoin has the potential to increase in value over time holding is the best decision to make.

If unique bitcoin holders follow the way you make your point, they can certainly be tempted by the benefits.  If a long-term bitcoin holder continues to invest bitcoins following the opportunistic DCA method, he may be tempted to sell his bitcoins whenever he looks at his valuable holdings for cash.
This is subjective and not particularly true, our minds about Bitcoin investment matter. We have a lot of people who used the DCA approach to buy Bitcoin and have not sold any of their Bitcoin for over 10 years and we've seen some people who used whatever approach you have in mind but sold it at the shortest possible time. This concludes that it is all about the person in question, disposition about Bitcoin varies. The serious Bitcoin buyer will buy it with the intention of long-term HODLing, which I term "Buy And Forget" and the DCA approach can surely help in starting it.

Those people didn't sold their Bitcoin even if they surpass the 10 year timeline for their investment is I think speculating for more good things to come and just got amaze on the current achievement and good happenings for Bitcoin that's why they decide to hodl it for more years. Its rare to see this kind of situation and attitude for a holder since usually we see people sold their asset once they already reach their target years and price selling point projected for their investment. I'm also curious to know if there's someone here doing that aside from those big institution.

Usually those people have this thinking to buy and forget then continue to do DCA usually have higher chance to succeed on this matter. And those people frequently checking for prices and always pay attention with Fuds spreading usually fail because they have high chance to sell their Bitcoins early especially if there's certain huge incident that will challenge their belief towards what they are currently doing.