Re: Buy every dip!

With bitcoin as well rest of the altcoins every dip is an opportunity to make an investment. Very few make use of this while majority of the users just keep hold of the assets for the bull trend. To make a good profit out of bitcoin it is a must to move along with the market than just holding focusing on targeted growth.

Very true but basically trading seems tactical unlike any other making scheme because when you're not getting a verified information about the market trends, it tends to disrupt the process of you gaining profits talk more of investing in the long run. Though long term investment are sure jackpots so buying and hodling can be a very taunting decision to make.

The truth is that, there are two type of holding which includes the long term holding and also the short term and what typically matters is that we achieve our set goals at the end of the day.
Considering how bitcoin moved from $80k to over $100k in few days or weeks, you’ll agree that, someone might buy bitcoin with hopes of making 20%, regardless of how long it will take despite’s the volatility of the market, what this very holder is focused on, is achieving a 20% return and the moment this goal is achieved, it’s at this point, not really a bad idea to take profit or set another goal and as much as holding bitcoin for long term seems safer, that should not mean that, we shouldn’t make use of good opportunities when they present themselves.

It may sound easier to talk about making short term profit while the disadvantages are more than the advantage, seeking short term profit will only make you to pay much attention to market sentiments which will only result in making emotional decisions and that is gambling, there is lot of emotional stress in considering short term profit compared to long term investment, there is no better opportunity in Bitcoin investment than to all our investment experience compounded effect, reading your post I think you are encouraging taking profits for short term, just know that the real potential of Bitcoin is the long term with a consideration of 4 to 10 years or more of a consistent buying of Bitcoin in order to have good size.

Not every person can afford to invest in Bitcoin for a long time, have you ever imagined that if you follow the DCA method correctly, any Bitcoin investor will be able to run his investment for a long time. It is wrong to imagine that every person will invest in Bitcoin, but those who have the desire but lack money, if they can properly control their money and properly control their investment between $ 5 and $ 20 per week, then they will definitely be able to collect good results later. In my opinion, if you spend and control money properly, any person will be successful in Bitcoin investment, this is usually the money he is depositing in Bitcoin. If the investor wants to increase his investment every week, then his income path will also have to be paved.

I totally agree with you, just imagine an investors doesn't have any discretionary income and the investor start to invest without an emergency fund attached to it, such investor will find it difficult to wait for longer term.

And mostly the newbies that is it coming up with their investment that doesn't have discretionary income, will not be that patient enough to wait for a long term for like 5-20yesrs but with time i know that they will eventually invest in long term because this life one will actually start from somewhere as you can afford believe that you will surely make a changes with respect to time.