Post
Topic
Board Speculation
Re: Buy every dip!
by
Jostern
on 01/06/2025, 12:58:06 UTC

Well, what else can we do? If we saw our coin plunge we should take the opportunity to accumulate and then just HODL it, if it surges then sell. No one will set at a low price though so what's our choice?
The coins I think better on these buy and HODL strategies are the less volatile one like Bitcoin and Ethereum but if it is an altcoin mostly, you won't be needing to HODL I guess, the fact that most of the altcoins are highly volatile.
It's all about buying low and selling high, that is what investing in Crypto market is, you must follow the market prepare funds when there is a dip and set up a plan on what price you are going to sell it, sometimes it takes a lot of time or a long wait before you can sell, but it's worth it as long as the coin you are holding is good you just have to be patient and wait for the right time to sell.

Exactly holding up substantial coins will be profitable when you intend to sell but w non profitable coins does otherwise, so a more reason to buy at low rate and sell higher to make reasonable gains. This is what makes the market so reliable to traders and investors of long term. And with this studying the market to know when it's profitable to buy and sell is something else to always reckon to.
It is totally unacceptable to be making this statement here, You feel you’re making gain by investing in a short term project, when there is a rise in the market you go ahead and sell your Bitcoin and you’re looking for opportunities to make a quick profit, is not the right way of investing in Bitcoin, people who invest in Bitcoin for a short time traders might make profit sometimes when there is a rise in the price value like you said, but I must tell you that the loose is much more than the profit they are making. If you make a short term plan and your intentions are to make a quick profit and buy when it’s low and you’re expecting the price to go up and you invest and experience more dip, don’t you think you have encountered a loss and you’ll definitely panic sell. And bitcoin is volatile and you can’t predict what will happen.

Perhaps we should compare someone that is investing for a short term and trading and taking his profit and when there is a dip in the market they will definitely experience a loose, but someone that is investing for a longer term of 8-10 years that have been holding Bitcoin for this duration of time stands more chance of having a successful Bitcoin portfolio and will experience more profit in Bitcoin than someone who choose to approach a quick trading opportunities it is worth it to be consistent in accumulating consistently when you have a discretionary funds and hodl for a long time.

Well you can think that investing when the price is low and selling high that is for your crypto and your shitcoin, come to think of it your shitcoin and altcoin depends on Bitcoin But that strategy isn’t for Bitcoin investment and not for someone whose goal is to invest in Bitcoin for a long term purpose. And with your style and strategy that you’re emphasizing on I must tell you that you are not an investor but a trader whose only interest is to make a quick profit.