Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
DubemIfedigbo001
on 19/05/2025, 17:43:56 UTC
I have not had a good experience with trading as much as I have studied. I think for most people, focusing on trading is a gamble over time. I should prioritize accumulation Bitcoin over making a quick profit when I have a steady source of income. Trading can cause your capital to spiral into dangerous spirals and can be distracting.
People with more experience who have been accumulation Bitcoin for a long time or have made lump sum buying may be trading from an investment level but I am not sure why they would throw themselves into such a volatile situation. There's a great method for Bitcoin is DCA that you can easily install for own and keep accumulation every week or month. With a steady/reliable source of income, it's reasonable to hold Bitcoin for two, three or more cycles.
No matter how big your portfolio is, as long as you start meddling with trading and involving your portfolio in it, you are already going the downhill in your investment. Some guys may argue that they have a good stash of bitcoin and limit trading to 10% of their portfolio or less, but in reality trading is a mindset thing and as soon as you start entertaining it, the possibility of involving more than the said percentage and ending up endangering your holdings as a whole is very possible.

For an investor committed to accumulation of bitcoin, I would recommend you stay away from trading totally and focus on buying and stacking bitcoin. Instead of learning trading and engaging into it for more profits, use the same time to workaround your finances and get something else doing that can fetch you more money that you can use to increase your aggressiveness if that is your target. Combining trading and investing at the same time often doesn't end up very well, no matter how disciplined you might think you are, it is better not to serve the two masters at a time.