Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Tamaperdana
on 20/05/2025, 11:28:40 UTC
~snip~
In my opinion, even though a trader has great skills or analysis, it still does not make trading safe to do. Because trading basically cannot be analyzed with certainty, because there are many things that make prices fluctuate without us expecting it. So basically trading has a big risk, for beginners or those who are already proficient. That's why if you don't want to lose your money, then stay away from trading. Because it is very rare for someone to really get rich from trading. So we have to think clearly and it is better to choose to invest in bitcoin. Because investing in bitcoin is more secure and besides that we have great hopes in the future. Because even though investing in bitcoin has a long duration or time process, it will not disappoint you in the future. So doing DCA in bitcoin can indeed be said to be a good step towards a brighter future. Because bitcoin is guaranteed from everything and there is no gap to destroy its reputation. So if you do DCA in bitcoin and hold it for a long time, you don't need to worry. Because Bitcoin is decentralized, no one will be able to manipulate it.
So that mean if someone don't want to lose their money, they just need to buy and hodl which will be safe for them. Trading is difficult if they don't have skill so they must realize that trading is good or bad for them so they can decide to choose the right for them. Bitcoin investment will be a good choice for them to have many Bitcoin, start from small amount of satoshis and continue buy using DCA and keep buying if the price is down because that will be a good time to add more Bitcoin to their wallet. Yes, using DCA help them to buy Bitcoin in the right time, no matter what the situation and condition in the market. They just concern with the time to buy Bitcoin and buy it while the time come.
In my opinion, now is a good time to buy bitcoin, because currently the price of bitcoin is still relatively cheap. So buying now is the right thing to do, because in a decade or even half a decade the price of bitcoin will definitely be much more expensive than now. So in this phase I think we don't need to think about the price if we are going to buy bitcoin, because we have to look at the future that is further away that the price of bitcoin will definitely be much more expensive than now. So whether it uses the DCA or Lump sum strategy, I think buying bitcoin as soon as possible is the right thing to do if you have discretionary income. Because if you wait for the price to drop first to buy bitcoin, I think that is a less than ideal strategy, especially for beginners who are just starting out. So the point is to take advantage of the current time to start investing in bitcoin, because now is the right momentum to buy bitcoin.