Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Promocodeudo
on 30/01/2024, 10:17:50 UTC
People with misunderstanding, these are different things altogether, the difference is like indulging in an activity that does not guarantee a 100% assurance of making money through it, though I see people that trade as though they are into it to make fast money, to me there is no short cut in bitcoin investment profit, most times when you think that you want to outsmart the market, you will end up being outshined by what ever tricks you use, bitcoin investment is meant for people with the spirit of perseverance and patience that's why hodling was introduced, why bitcoin has not collapse is because of the holding system, the premature sellers were bridged with this process, the future and continues existence of bitcoin depends on the hodlers that's why hodling will never go into extinction, people with long term holding mindset always smile whenever the time is ripped.

You see, no investment is 100% guaranteed be it a trader or a hodler as all are very risky and due to some unforseen circumstances that may actually affect ones investments make some people to only be interested in trading rather than investing and you can't actually blame them at all. If not that Bitcoin has a higher level of volatility do you think it would have gotten this far? Inasmuch as investment in concerned, every investor is actually interested in a coin that it's future is certain that's why a lot of the investors are involved in Bitcoin. Moreover, you need to understand that despite the popularity of Bitcoin, it's still very much young looking at when it was invented till now so it's gonna take few more years before it's authenticity can be visible for all to see though it takes patience for an investor to make profitable and long lasting investments.

Let the truth be told most people are just interested in short term profits because they're always afraid of the fluctuations in the price of Bitcoin in the market hence they always panic whenever they buy at a dip and instead of the price rising it still dips further but they fail to understand that every dip gives and opportunity to accumulate more and hold for long term profits.

I never said any investment is 100$ sure or certain but rather their are some investment or doings that are less risky, for example holding and trading you can not compare these two because the risk involved in trading is on the high side, in trading despite his calculating of conversant that you think that you know the strategy losing is bound to tapping countless time in it, but in bitcoin holding your fund can only depreciate but it is not possible for it to depreciate to the extent of you losing all your hidlings, so when looking at these which one do you think that's better, with the little I know people that understand bitcoin market has already station their mind in going for more Bitcoin and keep holding for future purposes not immediate gains.