Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Sayeds56
on 11/03/2023, 08:35:48 UTC
⭐ Merited by JayJuanGee (1)
Actually I don't have data on how many 60-70 year olds are still active in investing in bitcoin with DCA or hoarding in any way to project it but I predict that those who do this are among young people maybe at the age of 20-30 years who are still young enough with all the big dreams of bitcoin as long as they invest it, of course their hope is to buy something that has been coveted so far by buying an expensive house or car in the process of saving in bitcoin but if they set a 10 year HODL then they can get greater profit from the results of such patience.

While it is true that younger may be people are more inclined to invest in Bitcoin and have high expectations for potential profits, it is noteworthy that older investors who have been actively have been involved in the crypto currency market for years. Regardless of age, it is crucial for investors to adopt long-term outlook & develop a well thought-out investment strategy. By implementing long term HODL strategy, investors can endure market fluctuation and potentially reap the long-term growth potential of Bitcoin.