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It's true that Bitcoin's price can be volatile in the short-term, but in the long-term, it has the potential to benefit everyone. Governments may try to ban Bitcoin, but they may end up banning themselves from the benefits it offers. It's important to HODL and accumulate Bitcoin regularly, even if there are dips in the short-term. Do you have any specific questions or concerns about Bitcoin?
Sounds like a bot wrote that post.
Everyone and anyone should have "questions and concerns" about bitcoin, so the longer that anyone studies bitcoin, then the more likely s/he is able to understand it, and figure out the extent to which s/he wants to invest into it - including developing some strategies to accumulate bitcoin and then be able to maintain such bitcoin stash, which seems to be the premise of this thread.. Once we have already decided that it is a good idea to accumulate bitcoin and follow some kind of a bitcoin accumulation/maintenance strategy.
Correct, so I will give my self as another example. Although I heard bitcoin years ago, I was not that serious, until I join and enter in 2017. That what the year wherein we reach all time high, I was not here prior, so I said to myself this is good. And then the bear market started and most of the individuals that I might have been with that time frame could have quit their job and focus more on this market (because I remember such thread early 2018, around January when we are still in the euphoric stage, I don't know what happen to those individuals though). So if by chance I also quit my job and concentrate on trading, then it's going to be very difficult for me in 2018-2020. Luckily I didn't do that, and so we all know that 2018 was very tough for those first timers like me. But I did survived and learn a valuable lesson from it, that is, the bear market is the best time to accumulate and simply HODL on it. And so when the bear market strikes last year, the last 6 months of it I'm continuing to do DCA or shall we shall still buying as much as I can, save it and then wait for the next bull run. I know it's mentally though, but that is also a character that I developed in Bitcoin investment. You really need to focus and not to be emotional just because you see your porftolio jumping 10%-20% in a day and thinking to sell some. Wait for the right time to offload your stash to maximize your profits. So as you get t he experience, you level up and become a better investor.
