Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 25/02/2025, 19:52:06 UTC
The Lump buying of Bitcoin emphasis more on investors choice and decision of buying rights away with the available amount regardless of the market conditions whether in dip or not

It will be more convenient to be specific when making use of the word crypto in this thread since it could mean varirans of coins whereas Bitcoin is the priority.

Lump buying is for those who are ready to face the consequences of it.
And if they are able to do so, having a good amount of money for the investment + properly managing the risks, however small they would be.
The lump sum buy is not meant for those who are ready to face the consequences. If you are using the lump sum strategy to buy bitcoin with the intention to face any consequences after buying bitcoin, that means you are not in the right position to buy bitcoin with the lump sum strategy; you are just forcing yourself to buy bitcoin with the lump sum, which I see as a bad way of investing in bitcoin because you will end up selling your bitcoin to survive. You should make use of the lump sum strategy when you are financially stable, and you know if you buy bitcoin with the lump sum strategy, you will not face any consequences, such as finding it difficult to sort out your daily expenses.