Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Mr.suevie
on 07/06/2023, 15:57:12 UTC
⭐ Merited by JayJuanGee (1)

Trading is done regularly and one can easily run at loss base on the volatile nature of bitcoin. Those bitcoin traders will find it difficult to accumulate to their investment portfolio to a high level,compare to someone who is accumulating and holding. From my own perspective traders are more vulnerable to loss and might find it difficult to be able to hold their bitcoin for long because they see bitcoin a business more than seeing it as an asset that one can have a good profit from it when you holdi for a very long time. Trading has a lot of disadvantages that can make one lose his bitcoin if he has less knowledge on it or did not have a good trading strategy. If some traders with good strategy can't make profit everyday,trading is about making profit or loss,but bitcoin steady accumulation through DCA and holding for long is a sure guarantee for that investor that he must make huge profit depending on how long that he can hold on to his Investment. All the profit a trader has made in 10yrs put together will not be up to the profit that someone who is holding and accumulating for 10yes,this shows that traders are only after little profit and they don't target making huge profit because they are after daily profit. The more you keeping accumulating and holding,the more opportunity that you have to make higher profit in the long term. Trading is like stress and chasing shadows because it is like gambling where you hope of making profit is 50-50, but holding for long and using DCA method is the only way that your bitcoin investment portfolio can attain a great height and value.

Thanks for the good elaboration. Most traders don't know this as they are blinded by the profits they make anytime they make a gain in the market and one thing I have known about trading is that, it is very easy to forget your the loses they enquire seeing that some times they have profits, but the truth is that no traders even the so called experts make steady earning without acquiring loses but they just feel not to count on the loses and just focus on the profits they make, but the certainty of getting this profits always is very small and at the long run of your steady trading you might hit a very bad day which is a possibility and it might drain your portfolio by some huge margin which is the risk that is involved when trading. But buying on a steady pace whether big amount or small just keeps the risk of loss at the very minimal stage and it only increases your portfolio either by a big margin or small but the fact there is that you are actually heading toward somewhere in your investments. Bitcoin has already proven its efficiency over the years thats why many bitcoiners see it as an amazing investment platform if only one is able to hodl despite all hardship and situation that might face you during your investment plan. I will also believe satoshi never intended for bitcoin to be first used as an investment means but thats the nature of something good it always have other means to prove and add to its worth and thats why its just best when it comes to building a profitable portfolio in bitcoin if only one can just BUY THE DIP AND HODL and forget about the little earning and huge loses you can get from trading your BTC, it will be all good sometimes in the future.