Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Rockstarguy
on 06/02/2025, 07:52:02 UTC
I don't know, although for now I like bitcoin but when we talk about investment then in the end we also have to have a sense of continuing to be vigilant so that we cannot fully believe in something even though it is still very profitable for us.
Because for me bitcoin is still an investment that is worth doing but to fully believe I will not do that. Not that I am not sure about the development of bitcoin but in this case we also have to remain vigilant because everything related to risk in it, it is clear that there will be no safe word so I will not say that I fully believe in anything including bitcoin.
You can only have a sense of vigilant in an investment which you don't trust and you think it is too risky for you. Most people who such mindset about their investment in bitcoin find it difficult to have good result in their investment. Bitcoin is a longterm investment and if you are so vigilant that means it will be so difficult for you to hodl bitcoin, for me I think it is better for one not to go into any investment that you are not sure about. What I expect from every bitcoin investors to invest with just the amount of money they can afford, bitcoin is not like altcoins one needs to be mindful of.
Quote
For the DCA problem I still quite agree but daily purchases like this may not be done by everyone because again consistency is one of the things we have to think about. But on the other hand for now I am also still making DCA purchases even though now I am only in the weekly purchase phase because for me this is still something I can do to do.
Consistency in DCA method must not be everyday, but it must be some thing that needs to be done from time to time that is within your own power to afford bitcoin.