Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Baki202
on 22/07/2025, 22:01:46 UTC
Yes, if rich people buy, they certainly have to buy too. If we have money, for example... if we don't, just be patient and wait until we get wages to buy.  Grin

Buying BTC when the price is dropping is a good thing because we'll get a lot of BTC. However, I think buying when the price is rising is also fine, as long as we intend to hold it for the long term. In my opinion, buying BTC using any method is certainly a good idea because BTC certainly fluctuates, and we can certainly take advantage of those fluctuations. However, in BTC investing, I think the most difficult thing is the temptation when the price has risen high and we suddenly want to sell it. Of course, I think that temptation is sometimes difficult to resist. So, in essence, I think that temptation is difficult to overcome. Of course, currently, many people regret selling their BTC at prices like $70,000 or $100,000 because they thought it would drop again, when in fact it didn't. The point is, a strong intention to hold and retain BTC is certainly one of the keys to successful BTC investing.
Buying BTC when the price is falling is a must for those who are already familiar with Bitcoin because they don't want to miss out on accumulating more Bitcoin. But if they use DCA to invest in Bitcoin, they won't pay much attention to the price. They'll simply focus on buying at specific times and then holding on. They won't be swayed by temptations like selling when the price rises, because their goal is long-term. They could have sold their Bitcoin at $122,000 yesterday, but those with long-term goals won't be tempted to sell. They'll hold on until their target is reached. But some people sell some of their Bitcoin to take advantage of their long-awaited gains, and that's not wrong either. They have their own plans, and they'll certainly be different.

and not only people that are familiar with bitcoin would wish they are buying when the price is down because it is big opportunity for people to actually buy and then store it because when you able to buy buy at a very low price and only a few number of people that can be able to buy at once but when you can afford it then the best you can di is for you to do the DCA because that is like the easiest way to invest because the price can actually be discouraging because how many people can afford it.

Especially when the price is high because there periods that the price will go up and we can not even be able to afford  so the only way out is the DCA so when is not DCA then i don't think there no any other way way out, and it is better to get a job because when you don't have money there is no way that you will be able to do DCA so a source of income is very important this is part of the season why a lot of people are selling because they don't have a means to earn money for there upkeep.