Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Zackz5000
on 02/02/2025, 21:42:37 UTC
⭐ Merited by JayJuanGee (1)
i bought the dip
who else?
Am consistently accumulating Bitcoin using the DCA strategy so I can't really tell when it is dip or not, buying during the dip is never bad but waiting for the dip before buying is what I consider to be wrong when you can actually be accumulating regularly either weekly or monthly regardless of the and hodl taking advantage of the market at all time.



Altcoins? Using the word altcoin sometimes make it sound less cautionary  Grin i'll prefer the word shitcoins  as that truly explain what they are. I doubt that no one has ever lost money in Bitcoin. Well for long term investors, that statement is absolutely false, no long term investor can boldly attest to the fact that they've held their bitcoin for a period of 3 years and experience losses, we can only find those traits in shit projects. Some shitcoins go as far as crashing with investments made by people. The only persons who might have experienced loses in bitcoin investment are short term traders who think they can buy dips and make profit when the price bounces  back. Yeah they can actually make good short term profits from those entries but most of these person lack knowledge of what bitcoin is and trust me when they make those entries and experience the price going down probably for a small bear in form of a price correction, they'll hit the sell button and eventually run at loss. It's possible for such person to start spreading false knowledge about bitcoin.

I've heard some person talking about volatility and they give a false impression that bitcoin is very volatility. That is indeed a big lie, considering the volatility of some shitcoins, bitcoin is in a good motion else it would have crashed a long time ago. I'm certain most persons get interested in shitcoins because they thought they'll also possess the same characteristics as bitcoin but NO! They can't and that is why we only have one bitcoin and no second best.
You can't be hodling bitcoin for a longer time and still be considered a trader what will you now call those that can't hodl bitcoin for long, holding bitcoin for 3 years is also consider to be short term trader it is best you accumulate Bitcoin and HODL for 4-10 year and more.
Also saying that bitcoin is not volatile is wrong one of the characteristics of bitcoin is volatility as its price is unpredictable but I think one thing that differenate bitcoin and shitcoin in terms of volatility is that bitcoin will fall and still rise while shitcoins may crash down paramanely.