Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Litzki1990
on 05/11/2023, 04:54:38 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.
By investing and holding Bitcoin we mean long term hold. As an investor you will never get any good out of your investment if you hold Bitcoin short term. Your-mine investment style so that I invest in Bitcoin and sell my investment whenever I want does not fulfill the original purpose of the investment. Short-term Bitcoin holdings are better called trading than holdings because short-term holdings mean that you will sell your investment whenever the price of Bitcoins rises slightly, it is like full trading. If we invest, we should aim to invest for the long term. 

After investing we have to harden our mind in such a way that we never sell our investment unless our specific target is met. Investing is an easy task but keeping the investment is very difficult. You may face many hurdles in holding the investment and many financial problems may come but an investor will sell his investment without any means and that is why I said it is very difficult to hold the investment for a long time. 

When we invest to hold our investment for a long time, we have to assume that we don't have the amount of money that we invested in Bitcoin, that is, we have to think that we will not need that money so that we can hold our investment for a long time.  .