Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Out of mind
on 19/11/2023, 02:46:15 UTC
Investment is not a bed of roses that you invest one day and next day or week you will get the profit.
Every investor needs to be aware of it, particularly if they are investing in bitcoin. Bitcoin didn't guarantee anyone quick wealth or financial independence, even if they decided to invest in it. Each of us is investing in bitcoin at our own free will. Therefore, we alone are responsible for whatever ultimately happens to our investment. Because of this uncertainty surrounding our future investment in Bitcoin, it is advised that we only invest with money that we can afford to lose.
It is true that Bitcoin never pays a person quickly and does not provide financial solvency. Rather, if you want to get financial freedom, you have to invest in Bitcoin and keep it for a long time, but you will get profit. I think it is foolish to invest as you wish, if you understand the position of the market during the day, it is definitely possible to accumulate a good wealth for the future. Also, I think it's better if you hold BTC for future and long term investment. That said, we don't exactly invest with the amount of money we can afford to lose, but basically we invest because we can hope for Bitcoin. And currently we are so confident in bitcoin that we will never lose money by keeping it here, but it will be our main purpose to make profit by holding only BTC.