Post
Topic
Board Bitcoin Discussion
Re: Why didn't I buy bitcoin? (article translation)
by
doomloop
on 10/05/2022, 19:06:10 UTC
I had a similar experience with it, with the difference that I've tried everything else before hodling.
I went through phases of mining, cloud mining, altcoin trading, altcoin holding, bitcoin trading and finally holding bitcoin. Out of all the activities and years of experience I can honestly tell you that if you have time and energy you can try trading bitcoin, if not hold bitcoin. The rest is going to wear you out and it's going to be like walking through a dungeon full of traps. If you manage to avoid them all, things like trading or mining may be good for you. If you want to be safe and just make money with minimum risk buy and hold bitcoin. Don't wait to buy the dip, just buy because trying to buy the dip makes you hold money on exchanges, lose time and energy trying to find the right moment. It's not worth it if you ask me.
There’s never a better time for you to buy Bitcoin, I think every time is really a good time. Whenever we have money we should always try to invest and not just keep waiting. If you keep on waiting you will always be missing out on opportunities.

Yes, anyone who is coming in letter would always feel like the year before them was a better year, because the price of Bitcoin would be cheaper now than what it will be in the future. But, that shouldn’t be an excuse to not invest, because as you continue to go every year the price will keep on increasing and that would be more increase in the price than what we have today.