Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dailyscript
on 25/01/2024, 14:38:40 UTC

Investors must realize that Bitcoin is not just a currency, it is an asset. When an investor is able to acquire a good sense about Bitcoin  then he can be a true Bitcoin holder. Buying low and selling at a small profit may give an investor a small profit, but long-term holders will reap significant gains.

People largely view bitcoin more as an investment opportunity than even a currency in our present time, how many people use bitcoin for Day to day transactions today, very few because of the hight gas fees. Its true that only when people start to see bitcoin as an asset that they would be good holder, but they also have to know that bitcoin has the potential to give them good profits it they hold long, cause if you would be comparing bitcoin to other assets like gold, you would find out that bitcoin both beats  gold as a worth investment option than a good store of value considering the fact that bitcoin is still very volatile and the price changes could still be 10x dip and 10x up, making it more good as an investment than gold, while gold would remain within a price range for a while and does not have much volatility like bitcoin. Investors must know that bitcoin has the potential to give them good profits and its worth holding than playing around with like trading.

It does not guarantee but long term holders never lose. Investors be able to build an asset over the long term by doing DCA and it will also reduce the risk of an investors.


Yes historical bitcoin has favoured long term holders more than short term profit makers, and this is a fact that we all should know, long term holders have a more guarantee to make profit from their Investment in bitcoin than any other kind of investors. And DCA puts you as an investor in front, cause I mostly like to view it as the foundation where you can add other strategies and win properly.