Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JoyMarsha
on 09/11/2023, 21:55:56 UTC
It is natural that not all investors will hold their investments up front but it is also true that not all investors will sell their investments up front. The market is in a good condition now and in such a condition some investors will sell their investments because they have noticed bad market conditions in the past and they may not be brave enough to hold on to their investments. You can be sure that those who are not brave enough to hold on to their investments now and those who sell their investments now will regret selling their investments at some point. I have a lot of faith in the Bitcoin market and that faith gives me so much courage. 

To be honest, if the Bitcoin market goes down a lot now, I won't think for a second why I didn't sell my investment because I'm used to it. Since I have developed a confidence in holding my investment deeply and since I am not very excited about market changes, I am sure and confident in myself that I can hold 100% of the investment even in the current market conditions.

The Bitcoin market moved around $38K today but from there the market has rebounded to around $36.5K. The market has changed so much in such a short period of time that many may have started thinking that they should have sold their investments at that time. People with such ideas will be more worry free when selling their investments. I think people who overthink their investments should sell their investments because overthinking is harmful to one's health. I will sell my investments at market highs and wait as long as I have to.
I know that what gives you the courage and confidence not to worry about your crypto investment is that you invested in bitcoin, not an altcoin. If you have invested in altcoin, you will know that altcoin investments are not good to be held for so long in bad market conditions without making haste to sell them off asap because of loss of profits.

Needless to this, it is good that many crypto investors have known that the best investment one could have is bitcoin. Having it as a long-term investment plan gives them profits. Whether the price of bitcoin declines badly in price, it will surely increase back in price with time. It is all about them being able to hodl it safely in their portfolio and not on exchange. Every other price decrease in bitcoin will be a thing of the past once the bull run kicks in