Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Mr.suevie
on 04/11/2023, 22:56:30 UTC
⭐ Merited by JayJuanGee (1)
The underlying theme of this thread is long term, so sure it might be fair to suggest that there might be better ways to make profits rather than just holding for the long-term, but then those kinds of deviations are likely going to cause us to deviate from the topic of the thread and devolve into ideas of trading and gambling, which seems to be a pretty damned slippery slope, and many of us already realize that trading and gambling is not really something that beginners (or even experienced investors) should be doing because besides taking us off topic, it is not easy to develop those kinds of more advance skills rather than focusing on more basic accumulation and holding skills.
Bitcoin hodling is divided into 2 which obviously is the long term hodling and short term hodling However I will classify Short term holders as traders and long term holders as the real holders as the long term holders represent the true image of Bitcoin enthusiasm as long term is what hodling really means. This does not apply to other shit coins as they can't be trusted like Bitcoin and therefore they can dip at any time leading to great loss trading with shit coins is still not advice.
That's the simplicity of it, shitcoins doesn't cut it when it comes to holding of coins and everyone who is doubting should just try and track back at some of the most speculated big time altcoins that eventually turn out to shit project. If there is any coins in the crypto space that is worthy of holding it will be Bitcoin which has proven it self by sustaining it's value and maintain its reputation in the crypto space. As for holding of Bitcoin, like you said the long term investor are the real deals although short term holder are also there but most of them do tend to lose out their holding to that gamble related activities called trading because they do tend to trade their investment inorder to add up some value to it but at some or should I say most instance the trade system gets most of the coins. If it would advisable for any Bitcoin enthusiast, I would advise to go for long term investment and use the DCA strategy and back it up with the capability to actually buy the DIPs and HODL .