Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
danadc
on 19/11/2023, 22:49:22 UTC
⭐ Merited by JayJuanGee (1)
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.
Everyone has responsibility for themselves for what they will do, if they choose to invest in Bitcoin of course they must first study it well, don't just look at those who have been able to benefit from investing in Bitcoin, they immediately decide to follow them. without a good understanding of what they are doing, of course if they force themselves to invest then this will be a bad thing for them because those who have been successful with their investments certainly have a lot of knowledge and experience that they have gained from the investments they have made.

You don't have to think about it too much, you should buy bitcoin, it has not reached its latest maximum, so the options for buying bitcoin are within the normal parameters, but people or most people think the other way around, when they see that the price of Bitcoin goes up , Because if they start to buy bitcoin, then in these cases it is easy for them to lose money , and with good luck they can make some money, but it is a very Poor way of thinking, the good thing is that they buy Bitcoin Now, at this time, that is the option that can be done, the smartest thing, it is what can be done to win now , but that depends on the type of person who wants to Win.

Should you buy Bitcoin while it is above $30,000?

Quote
As Bitcoin (BTC) maintains its position above the $30,000 mark, a prevalent question lingers among the crypto community and the financial world: What is the optimal entry point? Notably, the flagship cryptocurrency predominantly traded below the $30,000 threshold for the better part of the year before experiencing a rebound.

Despite this fluctuation, proponents assert that Bitcoin’s overarching appeal remains robust, positioning the cryptocurrency for future growth driven by several catalysts. Indeed, Bitcoin is exhibiting bullish signs, benefiting from various factors propelling its upward trajectory.

Source: https://finbold.com/should-you-buy-bitcoin-while-it-is-above-30000/