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Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Merit.s
on 16/05/2023, 15:54:43 UTC
⭐ Merited by JayJuanGee (1)
Some strategies (maybe even more aggressive ones) likely need more interaction, and sometimes there could be better results by not trying to be so aggressive and calculating, but sometimes we might not even know aspects of ourselves that might be causing us to engage in various kinds of work that is NOT really productive use of our time.. but we might not ever realize that or ONLY come to realize the matter at a much later date.
This is the mistake that some people make and can never be corrected because they don't think that it is a big time one that can lead to their wreck. Most times it is impossible to achieve back such lost because it took a very long time to achieve that success. Since we can't see into the future it is hard for one to know the kind of error that will be made which we lead one to such situation. What I mean is that it is better we become careful with our investment and take accurate prevention measures from making such mistakes,because what you could acquire very easy ten years ago will be very difficult to achieve it in fifteen year time because of inflation and some unforseen forces around us.

I had a similar experience, when I had a business which I run,there is this close friend of mine,he is always around me all the time and knows most of my customers because we are always together. Sometimes when I want to dash out to buy my goods,I will leave him with the business to be in charge while am gone. One day I had a to go on a long trip which I spent almost two months before I came back,to my greatest surprise my friend told me that he can no longer cope with me anymore. My business has run down and when I asked him,he said that he sent me some money when I was away and that was the cause. Unknowingly to me that he was selling and replacing the goods keeping all the profits to himself and at the same time he used my money to invest into the same kind of business and took away all my customers. When I noticed was when I called one of my big customer who buys in large quantity,he told me that I am no longer into the business and he just bought goods worth 1million in my local currency. It took me a very long time to get most of my customers back because he lied and told them so many bullshit about me. This is how it is when you have invested in bitcoin and you carelessly allowed your wallet to be compromised.

I believe we should be like James. Not investing in Real Estate, just keeps reading about Bitcoin, and who's remembered for just reading about Bitcoin. In 5 to 6 years after a market surge bringing Bitcoin to six digits, they will remember.



Buy the DIP, and HODL.

 Cool
James hasn't wasted his time reading bitcoin books and investing in bitcoin, he has being busy monitoring his investment and following up with the market analysis. At the long run James became the richest amongst his friends who was investing in real estate because bitcoin is a future game changer. This is a good motivation.