Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
FinePoine0
on 09/11/2023, 05:16:42 UTC
⭐ Merited by fillippone (1)
If we really look back at the history of when Bitcoin started to rise in price, it is really disappointing that we didn't buy it even a little bit. I can't imagine that it started at around 0.001$ and then went down to 0.0005$ per bitcoin, where for only 10$ these days, you have 20 000 bitcoins immediately.

The price of Bitcoin is only going up immediately so holders who hold Bitcoin early on are currently the most profitable. This is the main result of long-term investment, so if you can invest in Bitcoin now, Bitcoin halving is definitely ahead. Bitcoin halving is a four-year cycle in which the price of Bitcoin increases dramatically every four years.


[quote author=kingvirtus09 link=topic=5132720.msg63127020#msg63127020 date=1699479916
Try to imagine if you just held on to what you did and sold it in 2017. You will be very rich for sure, and you are just enjoying your life now. But now, it is very expensive, even though it can be considered that it has dropped a lot compared to 2021, when it reached 69k more.
Especially now that the bitcoin halving is coming or going again, the bull run can precede or follow as it approaches the halving and depends on the situation that will happen in the market as well. So the majority of the community here in this industry spends double time saving.
[/quote]

Quickly those who want to invest in Bitcoin should start investing in Bitcoin very quickly. If you can hold Bitcoin till 2024-25 then there is definitely a big bull market. And this bull market is very likely to see the highest Bitcoin price increase. So if you want to invest for a longer term, you can definitely invest in DCA method and become self-sufficient.