Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Ojima-ojo
on 15/10/2023, 22:59:12 UTC
⭐ Merited by fillippone (1)

Second, it is a bit sloppy for you to suggest that there is some kind of a guarantee in bitcoin, even though bitcoin has been a good investment and has decently good chances to continue to be a good investment, it is not guaranteed to have "satisfying results."
When it comes to a volatile asset like Bitcoin there is no certainty of event, so there cant be guarantee in it investments no matter what the value or it performance may be in the market,  alot need to be handled and at that we should not make the mistake of categorizing Bitcoin in the level of stable investment and if we should make such mistake then it means that there have not been proper understanding of the subject matters as regards to bitcoin and bitcoin investment,  and to a good extent, we should rely more on the long term instead of the short term Bitcoin price speculations, this is also very important in the area of Bitcoin market evaluation both for long term and short term positions.


So to that extent, we must have to design two principles in Bitcoin.

1:  the principle of long-term bitcoin investment perspective, this must have to do with a 5-year market cycle in perspectives.

2: is the short-term market speculation approach,  this mostly has to do with the use of the DCA tool to take advantage of the Bitcoin market conditions and the many advantages of the volatility innthe Bitcoin market.