Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Buy the DIP, and HODL!
by
Litzki1990
on 25/11/2023, 02:47:50 UTC
⭐ Merited by JayJuanGee (1) ,fillippone (1)
Yes, that's true JJG sometimes they have bigger obstacles in their investment journey, whether it's selling too early or delaying buying. Sometimes I wonder why those who bought at high prices sell their Bitcoin holdings at low prices. Yes, we know that many of us buy dips and hope that big profits will come our way, but this is only possible for people who are patient and ready to go through many obstacles in their investments.

Yes, it happened to me that I made a fatal mistake in the previous years because I sold Bitcoin to gamble and that would be a valuable lesson to improve so as not to fall into the same hole. Revolution in adapting a new plan and experience is one of the keys to improving the situation for the future. Bitcoin has brought changes to those who are on the right path to becoming millionaires in the current era. For this reason, the journey of people who got to know Bitcoin earlier might be quite interesting to read about their history.
All other coins in the market are dependent on Bitcoin and Bitcoin is able to hold its value well in both market conditions. It is clear that Bitcoin price changes have a great impact on all other coins in the market. When the value of Bitcoin increases, the value of all other coins in the market increases, and when the value of Bitcoin decreases, the value of all other coins in the market decreases. If a new member is asked to distinguish between Bitcoin and ALT Coin, that new member will distinguish between the two and put Bitcoin ahead and trust Bitcoin. There is nothing to compare Bitcoin with ALT Coin for long term investment. 

Those who have held Bitcoin for a long time in the past will not have to think twice about which coins to buy when they plan to hold again in the future. There is no need to analyze the Bitcoin market to hold your investment deeply because temporary changes in the market have no effect on long-term investment. Since investments are made with the intention of deep holding, the expectations of a long-term investor are very high. I think we don't need to think about which coins we will hold deeply in long term plan but we should plan how deeply we will hold our investment. By keeping bitcoin in plan we must hold investment for long term and if we can hold bitcoin in long term plan then this long term hold can be turning point in our life.