Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Showlove01
on 01/02/2025, 22:55:25 UTC
People should understand that Bitcoin is not a ponzi of altcoin where some people are been brain washed that you get multiple times of the amount you use in doing it, in Bitcoin investment everything is open and for you to benefit, you must follow that concept which is acumulating with DCA method or buying in lump when the lump sum amount is available and hodl for a long-term, anything aside the aforementioned process may not give an investor a good result, as investors think long-term in other to let go off fair that Bitcoin is a risky investment

Ponzi is a classic term attached to a shit coin and for BTC I think it is wrong to attach it. Yes. they will know why I am late to invest in BTC even with various ways using DCA or not. and when many big countries will soon legalize bitcoin, this will have a big impact on the market especially if there is a superpower that allows it, the direction may be common for all to overcome the high chaos in our money, investing in BTC is a good choice to maintain its value.

Not only the method of purchasing bitcoin would guarantee you a successful investment, is the way you approach your Bitcoin investment the principles that's been applied to it, because you can you be using one of the most recommended methods of accumulating bitcoin which is DCAing, you still endup messing your investment up , by not keeping your assets safe , or using money that you can't stay without using for long , which may lead to you selling your Bitcoin too early either In loss or when it haven't yielded any good profits, when a certain emergency occurs.


I totally agree with you and that is what most investors ( newbie and old investors) don't understand, some of them believed that once you just use the reliable method which is the DCA that every other thing is settled not knowing that every other thing can only be settled if you are actually doing what you are suppose to do so as to keep the investment burning and running. Even if one is using the DCA method if they didn't invest consistently and have a good source of income and most importantly keep reserve funds to solve some problems that may arise because definitely there's going to be a challenge some day, they will not make out the best of it and sometimes what makes an investor grow is thinking rational.