Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Tmoonz
on 18/02/2025, 15:11:40 UTC
⭐ Merited by JayJuanGee (1)
as we all know trading is also part of bitcoin investment not only by accumulating and holding for long period of time,
It is a very big error to say that trading is part of investing in bitcoin, how does it even sound? Bitcoin investment and trading are far two different things because trading talks more about buying when the price is low and selling when the price is high while bitcoin investment has to do with buying at any price point and hodl for long term increment which will also attract profits along so you can see clearly that trading and investing in bitcoin are not talking about same thing.

I think the point your pointing out is crucial because many has the conception of comparing trading and Bitcoin investment not minding that if a woman and man is found in the same room doesn't mean they are same gender, trading and investment just as you have clarified are not the same the only relationship between their two is the profit which also differs in time because investor has to Wait and keeps buying till he meet or hit the expected rise while trader cut off with short time and always take little profit .

Patience will only be there if you have the ability to take the risk of investing, you should note that if you invest in Bitcoin on a weekly basis following the DCA method, then patience will be ensured here. Because if you can invest for 100 weeks or 200 weeks continuously, your investment will definitely be big and it will be possible to be patient during this time, whenever you start investing in Bitcoin, the investment will immediately attract you.
Because if you invest in Bitcoin with the money that you used to spend unnecessarily, then it is an additional income for you. Therefore, you should give the most importance to investing in Bitcoin, because investing in this DCA method will play a huge role in making your life self-sufficient.

You are absolutely correct, Patient is the key to long term investment and this patient is mostly achieved once you don't have financial stress which is advisable to set aside some fund for basic needs like wise have emergency fund.                                                                           Accumulating bitcoin using DCA method can not be over emphasize because is working perfectly well for me. Is a key to long time investment as it gives you rest of mind while achieving your financial freedom. I think also studying the trend of bitcoin movement will also be an added advantage to buy the Dip and set your target. Most importantly never you stop investing in bitcoin because is the key to financial freedom.

If only we can tell our selves the truth I also think that studying the trend of Bitcoin market movement shouldn't be associated with a newbie investor, even though buying at the dip can offer such advantage of buying more Bitcoin at a lower price, it will be more advantageous for a newbie investor to focus more using the DCA strategy effectively weekly or monthly rather saving money and that would have been use to buy with the dca strategy while studying the trend of Bitcoin movement for a dip that are not sure of.
Studying the Bitcoin market trends before making a purchase is not good either to an experience Bitcoin investors, it's not only tied to a newbie investors, because it's pointless analysing or studying the Bitcoin market trends before making a purchase, do not forget that we are still in the early days of Bitcoin invention, so it's still very cheap comparing to how much it might get up to in the future, so what's the point studying the market when it's already cheap and no where near how much the value of Bitcoin might spike up to in the future, so in my own opinion, it doesn't matter wether you are a newbie or a veteran, just buy once your discretionary income is available, no time to waste in doing things that will only delay your accumulation of Bitcoin, especially when you are still lagging behind in your accumulation journey.
Through market analysis you will gain extensive knowledge which will make you a bigger investor in the future so you need to analyze the market before investing in Bitcoin. Even if you are a new investor you should plan your future based on past price analysis. Suppose you invest in Bitcoin, do you keep your capital on blind faith, which you should not. You will determine your strategy sophisticatedly through market study strengthen your earning base accumulation Bitcoin from disposable income. It is true that Bitcoin is still in its infancy and has already become a store of huge value. You need to consider why you should study the market. The answer to the question is that suppose you buy Bitcoin with the equivalent of $5000, before doing so, you need to analyze why the value of Bitcoin may increase or decrease in the future. Through each analysis, you will be able to imagine whether you should invest in one lump sum or divide it into several slots. Or you can accumulation Bitcoin continuously every week/month from discretionary income. Analysis of all the information about the Bitcoin market.

Making market analysis prior to getting started is not mostly associated with an investor but a trader, with your inclination a newbie can be discouraged from accumulating Bitcoin because they will feel they needed to know pretty much about the market analysis prior to getting started and it is very wrong. You need to understand that past events is never a guarantee for the future event but it can only give guidance.