Post
Topic
Board Speculation
Re: Buy every dip!
by
Sim_card
on 21/01/2025, 11:59:16 UTC
When looking at both of traders and investors, I wonder why most people would just choose a difficult path of an easy part, and the funny thing there is that, trading have no significant changes on your finances status, it's just for minimal gains that will just improve your life for the time being, if you don't lose all your money in the process, but in the case of investing in Bitcoin, it's just like and easy ride to greatness because even a newbie investors can buy Bitcoin with any accumulating strategy of it choice, once he or she is able to acquire a very good stash of it, his duty is to hold for a very long period of time, and all the requirement needed to achieve that is to have a reliable source of income and an emergency funds set aside so as to be able to withstand any emergencies that may arise in the future without you dipping hands into your holds.
It is assumed that with trading you can make profit faster than you will do with investing by buying bitcoin either at a lump-sum or with the DCA approach and hold for a long period of years before making profit.

For such people it's believe that before the time you get to wait to have your bitcoin investment matured, if you were trading you could have made much more but that's a blatant lie and deceptive, because profit making in trading is never guaranteed as it is with long term hodling on your bitcoin investment plan which comes with huge ROI. Bitcoin investment is similar to making and building a savings for the future just by following the bitcoin investment rules.

Doing trading you would trade the stability of your investment for its potential.
With Bitcoin - everything is certain, in 3-4 years, you will get a great PNL and the results will be there.
If you are going to trade all this time - it's not certain whether you would be in profit or not, and would that profit be bigger than just DCAing or lump-buying BTC?

Personally, 3-4 years is a small timeline because you are not sure if you will be in profit by then. However, when investing in bitcoin profit shouldn't be considered first but a long-term goal so that it can enable have the time to accumulate more bitcoin overtime. Having a bitcoin target and work towards achieving it is the best so that it will allow you stay more focus on increasing your bitcoin faster till it gets to your target.

If you are planning for short-term like one circle, it will make you miss a lot from the compounding value of bitcoin and also you will regret in future for not hodling longer and increasing your bitcoin stash. When you also think about profits, that will distract you when you see little profit to sell when it's wasn't your plan. Focus more on how to increase your bitcoin stash than how much profit that you have made, because in the long run, you will be in profit because bitcoin is still growing.