Post
Topic
Board Speculation
Merits 3 from 1 user
Re: Buy the DIP, and HODL!
by
adultcrypto
on 28/08/2023, 11:38:00 UTC
⭐ Merited by Josefjix (3)
Even though we might want to believe that it is never late to invest in bitcoin, I am sometimes tempted to think I did not really start early. If you compare the time and resources it will take someone to get 1BTC in say 2016... project it to now that 1BTC is above the annual earning of some jobs regarded as high paying;it is as if the train have left.
I would suggest that you try not to be envious of what other people did,
You are right because my comment have the tune of envy even though that was not what I intended to portray. Rather than that, I should see them as motivation and hope for the best in the future. If they could buy bitcoin against the huge uncertainty and media negativity then, indeed they should be a source of motivation. Those joining now have already seen what is possible in bitcoin so their believe and resolve is not as those of the earlier people.


you cannot turn back the clock, and you can ONLY go forward based on the information that you currently have ih your head (and hopefully in your ongoing studying the BTC space that also includes ongoingly actively buying BTC in a way that is sufficiently aggressive for you, but not so aggressive that you end up losing more coins than you would have had wished to have lost.
This is so true. The best one can to look at the future with optimism, taking informed and well calculated risks, not willing or ready to miss any opportunity that show up along the way and also keeping expectations in check to avoid being overambitious.

One good lesson I have learnt so far is to realize that nothing is guaranteed even life itself as no one knows when he will be done on earth. So, our aspirations and endeavors is limited to making the best decisions and choices and allow time to prove us wrong or right.

Yep.. and most people (maybe 99% or so) do not even know this information that you just described..
Even though the mainstream media will not actively advertise bitcoin and encourage people to go that way, don't you think a time might come when people will be constrained to ask questions? If peradventure we get to this level of inquiry, a good percentage of human population might likely go with bitcoin. This is a possibility but not certain it will happen and again, only time will tell.

but even though you likely know something that other people do not, does not necessarily mean that your investment is actually going to end up paying off....
Whatever the outcome of bitcoin is, we are here for the long term. There is no business without risk so one should be ready to bear the risk that comes with bitcoin. In other words, even though I am optimistic that things will get better with bitcoin, I will allow prepare for any possible outcome since I am already applying risk management.