Post
Topic
Board Bitcoin Discussion
Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me....
by
aysg76
on 16/01/2022, 10:58:07 UTC
Its because we have different status in life. Rich people can invest huge money in Bitcoin and can hold even for long years without the need to sell because they're capable to live comfortably while waiting for their money that they invest to work for them. Its a different situation for average/poor investors because most of the time we are counting on our investment. Even we're aware to not invest the money that you cant afford to lose or the money that is meant for important things.

Anyway since its Bitcoin, holding is really profitable and much better if you can bear waiting for long period. Its risky but still worth it.
That's right rich people can invest huge amounts of funds into bitcoin without selling them for long term because they have funds with them in need unlike us who needs to sell when we are in urgent needs of funds.But there is one thing we can do like investing some extra funds at regular intervals through most popular technique of DCA investing which will benefit you in the long run.

The main problem is comparison between rich and poor and it cannot be covered at any cost even through btc because rich can accumulate more than poors even ar higher price but my opinion is you should be holding btc whatever amount you can as inflation wave will put all of us in the rabbit hole that will be end for us and no other financial asset can help you at that time.So it's better to have a pie rather than going for whole full cake which you can't afford at single time.Stack sats slowly and in the long run you will have more btc and profits eventually which we all want.You need to have some different approach and whining same old things like it's expensive or scam is just one of the main excuses that is hindering us from getting into big game of decentralisation and deflationary future.