Re: Newbies panic & Old timers smile, when the Bitcoin price take a dip.
Many new people on this forum are so focused on ranking up on this forum, with the visions of making tons of money from Bounty and Signature campaigns, but when it counts the most, they tend to drop the ball and they lose out on the biggest profits.
My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years.
In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits.
So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.
Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.
That is true, newbies tend to panic whenever the price of Bitcoin is falling, its only old investors who has been into Bitcoin for a long time and understands how it works they are the only ones who ate happy and also has patience when Bitcoin is down. My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years.
In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits.
So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.
Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.
Thats why anyone who wants to get into Bitcoin should study it and know everything about it including how it works. But I wont really blame them newbies, you will also do the same when you invest in something you dont know much about and the price starts to take a dip.