Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ultrloa
on 06/11/2023, 12:49:39 UTC
All of us who invest have expectations that the market will do much better after they invest. An investor may never invest thinking that the value of the coin they invested in will drop after they invest. As you said currently the price of Bitcoin is sitting at 35 thousand dollars and from this point the price of Bitcoin can go much higher. As you have seen the possibility of the price of Bitcoin going up, as an investor I see the possibility of the market going up as well as the possibility of the market going down. We have to make investment decisions knowing that the prices of various coins may fluctuate due to market volatility.

It was a good time to invest in Bitcoin when it was $17000 and it was still a good time to invest in Bitcoin when it was $28000 and now Bitcoin is at $35000 and I think it is still a good time to invest. 

As we will invest in long term plan so small change in any coin will not have any adverse effect on our long term investment. When investing one should always plan long term investment, short term investment never fulfills the desired expectations of an investor.
Long-term or short-term investments are the same, depending on the strategy we use, and it is true that short-term investments have greater risks, especially when Bitcoin prices are currently surging.
I don't believe you are saying this, I am a crypto newbie but will my little research about Bitcoin investment I can tell that long term Bitcoin investment is far more better than shart terms, in Bitcoin investment, within some period there will be a decrease in price and an increase in price so if an investor continues to buy and holding up more couns then there will be a profit waiting for the investor. A short term investors risk more than the long term investors because a short term investors will always wait for Bitcoin to increase just a little for  him/her to sell but for long term investors they will set a time limit, maybe 4 to 5 years or more and within those periods they will observe and get more informationd about Bitcoin investment.

Maybe he can just able to handle dealing with long term hodl that's the reason why he said its the same.

But if we look at the history base on its statistics we can really see that more people became rich for deciding to hodl their bitcoins for long term rather than doing some short trades. And those people who regret for seeing those huge bull run came are those people who doubt about its future so HODL is the best to do by people who want to invest with bitcoin since its proven that it can bring more good profit than taking those small chunks doing this short trades we call.

I know market is unpredictable but good things will surely happen for those people who have huge faith on bitcoin.