Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Justbillywitt
on 07/12/2023, 17:34:42 UTC
Much beneficial earned when investing in bitcoin for long term period holding, some investor or holder of bitcoin lack patience make bitcoin as long term investment way and earn more profitable when hold it on long period. Comparison with Bitcoin price on October $25,000 without two months Bitcoin almost raise up 50% latest highest price above $45,000. How much profitable earned when many holder or investor keep patience since invest Bitcoin under $15,000 and keep hold it until today.
Yes I agree with you that many Bitcoin investors lacks patience
When it comes to holding Bitcoin. But I think every investor has his or her greed level. There are people who bought Bitcoin when it dip to $15k earlier this year and set a target that they will sell at $25k while others set a target to sell at $35k. It now becomes difficult for them to keep their Bitcoin once they price enter that region. It's just just a normal thing for short term Holders.