Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dunamisx
on 10/06/2023, 07:17:39 UTC
We are not talking about shitcoins here or the extent to which it might be prudent at all to include them in your investment portfolio, but surely each person does need to figure out those kinds of allocation matters - including the extent to which they might get involved in shitcoins - especially if they might already know about bitcoin and they are attempting to decide how much to get involved (or invest into) bitcoin.

We can not keep mentioning shitcoin or crypto in our discussions since we are strictly limiting our discussion to bitcoin only as our primary asset and single portfolio, there is no future in shitcoin so we must not waste our time analyzing the market and possible outcome, bitcoin holders know this better and are futuristic in they approach in the accumulation process whenever the market touched a discounted price ro hodle for the future gain and that can not be said with altcoin since their market is highly manipulative because of the over-involvement of their developers who will constantly manipulate the market just to cashout their own gains and eventually drain out the coin liquidity then possible exit scam on the holder.,
But Bitcoin on the other hand has a sustainable market price and no matter what comes the Bitcoin value remains intact unless you want to DCA at the wrong time because when it comes to Bitcoin, the entry price vs the exit price determines what the holder will walk away with be it gain or loses.

You see, @Odusko, there are certain level you will get into and will definitely needs more explanation on something and in this aspect, when considering the discussion of bitcoin holding on a broad length, we cannot overemphasize or neglect the little diversion into other cryptocurrencies as well, the main purpose of doing that is just to juxtaposed the fact that there's a difference that needs to be taught and you cannot make such expression without settings out practical examples, this is not when the whole idea or discussion has been shifted into something else, both when you diversify, you make use of more unique ways to buttress your point and come back to discussion.

If you are to also consider the bitcoin holders in respect to the current market price, the ongoing news, other cryptocurrencies and many more factors which could also cause a determinant to wether you continue holding or you release the asset and sell, a good example is to have a clear understanding that you're not expected to assume altcoins a good and profitable asset to invest or hodl, but bitcoin is the best instead because it will sure gives you rest, safe the stress, fear and gives you the profits required at the end of it all.