Post
Topic
Board Speculation
Re: Buy every dip!
by
Muba20
on 17/01/2025, 09:55:21 UTC
-snip-

However, even if Bitcoin is not 100 percent guarantee I still prefer it to other coin because it has proven itself over time and the volatility of Bitcoin shouldn't be a problem because that is how it is meant to be, you can just invest in it and expect it to just continue appreciating perhaps the fluctuation are the factors just like other investment has factors too but this factor doesn't prevent it from being the greatest of all time. Be careful with the kind decision you will take in investing because this your idea and mindset can make you invest in a wrong place and untill you incur loss you won't know what I'm talking about.

Simply put, someone who wants to invest in Bitcoin needs to think carefully about the risks and use one of the methods for their investment whether it is DCA or lump sum, and set their investment for the long term, to make sure that they can get better returns from it. Because most people only know that Bitcoin can give them profits, but they invest with the wrong approach - they invest in the short term and tend to be like gambling. An investor should think carefully about their decision and invest using their discretionary money or a few percent of their income continuously - and they need to hold it for the long term until they can get profits.

I actually can't get it if it's a mistake or you are certain of what you are saying, what if you invest now and in no distance time it gets you into a profitable scenario, are you trying to say that you will sell?
An investor can take profit on his investment. If an investor wants to sell his Bitcoin for low profit, he should remember that it may not be possible to get Bitcoin at the price at which he bought it. It is not always possible to buy Bitcoin from a dip. Therefore, it is better for those who have been able to buy from relatively dip to hold it for a long time. The goal of every investor is to make profit, but if someone misses a big opportunity in the hope of a small profit, he will regret it later. Bitcoin is gradually becoming more valuable. Therefore, an investor can benefit the most if this asset is considered as an asset for life rather than an ordinary asset and held for a long time.