Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Mr.suevie
on 01/06/2023, 20:41:34 UTC
⭐ Merited by fillippone (1)
We agree that historically bitcoin benefits us if we hold it for a long period of time, or are happy to be said HOLD.  Of course this is not a recommended thing if you want to trade short term, because the risk in this decision is indeed high.

It seems that you are in agreement with the idea of  holding Bitcoin for long term can be more beneficial rather than involving in short term trading where risk of losing your holding of Bitcoin is much high because market is high volatile and unpredictable. However, we should also acknowledge that market movements can often contradict  our expectations.Therefore it is important to carefully evaluate your investment decision considering your risk tolerance and financial situation.
Well its quite obvious isn't it? A long term investment is probably preferable than that of a short term looking at all the risk that would be involve if one is trying to add up some digits through short term trading. I feel rather at peace knowing that my investment profit is tied only to the volatility of the market price cap be it in a bear season or otherwise at least I have the certainty of the price actually pumping anytime from the actual time I bought or started my bitcoin investment rather than trading or should I say gambling it all on little profit which  is highly risky.