Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 17/11/2023, 20:52:06 UTC
Investment is not a bed of roses that you invest one day and next day or week you will get the profit.
Every investment has a risk of loss, but at least in Bitcoin we can minimize losses by not selling it when the price goes down. Yes, perhaps among those who are still laypeople, of course, they think that investing in Bitcoin has a bigger risk because the price fluctuates, but the loss is purely due to their own decision. Maybe those who lose are those with weak hands who are unable to survive when the market is down.  such actions could result in them incurring losses if they sell it. In long-term investments, of course they are ready for all the consequences they will face. They must have a target to achieve big profits and not sell when the market is red.

In comparison, Bitcoin can have a greater ROI compared to other investments and this has been proven by the increase in the price of Bitcoin which reached $69k at the previous ATH. So, don't assume that Bitcoin will give you profits quickly. To achieve big profits, we need to be patient and ready to invest in the long term. Buying aggressively and taking advantage of falling price opportunities allows you to profit more efficiently when the market becomes bullish.