Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Buy the DIP, and HODL!
by
Mehmet69
on 11/04/2025, 17:10:22 UTC
⭐ Merited by Xril2024 (2)
The Bitcoin market fluctuates a lot, but when there is a big dump in the Bitcoin market, many investors may panic and experienced investors consider this dumping as a discount and hold it for a long time for high profits. However, many experienced investors think that when there is a big dump in the price of Bitcoin, buy it and then sell it when the price increases. So that you can increase your half and make a bigger investment with that money so that you can do it for the long term.

Yes, Bitcoin is a digital currency with the most volatile market among cryptocurrencies. No one can say when the price of Bitcoin will decrease or increase. If you watch the market, you will see that its price has decreased or increased by several thousand dollars in a few minutes, and it has not changed much even in a few hours.

So if you pay attention to this one aspect, you will see that buying Bitcoin when the price is low and selling it later when the price increases is a difficult task. We sometimes say that if you buy or sell Bitcoin during that season, you may make some profit. But we cannot call you an investor. You have complete freedom over your money. But experienced people know how risky any action is.

The price you are thinking of buying during a recession and selling at a higher price is basically a trade. No investor ever thinks like that.

Every investor has a specific goal. They all never sell their investments before reaching their goal. So I have a request for you, know the right way to invest and then invest. Don't take the wrong decision on the wrong advice of any trader.