Post
Topic
Board Bitcoin Discussion
Merits 6 from 4 users
Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands
by
Moreno233
on 05/02/2024, 15:23:15 UTC
⭐ Merited by Mayor of ogba (2) ,Promocodeudo (2) ,JayJuanGee (1) ,Nheer (1)
(...)
Gone are the days when hodlers are easily rewarded x1000, x2000, x5000, and even higher growths. Gone are days when hodlers are rewarded with x100, x200 growths. Gone even are the days when x10, x20, x50 growths are within arm's reach to hodlers. Time will come even x3 and x5 will take many years.
You have a point here, but you must consider those days about "easily rewarded about x10, x1000,x2000". Those days are high risk, no one knows what will be the future, so for me, it's high-risk high reward happened before and all who experienced, them deserve it.
For now, we must appreciate what we have now, especially in Bitcoin, x2,x3,x5 is enough already if you really looking for investment.
It was when I started using the DCA method I started appreciating the significance of getting x2 or thereabout in my investment. Coming from the background of hoping for x100 amidst several pain of loses and falling victim of scam, I have come to realize that it is truly a matter of amplified risk to see x100 in ones investment. This much needed understanding was necessary for the calmness I'm enjoying, investing in Bitcoin with my expectations being reasonable and achievable.

Bitcoin may not give x100 now or in the near future but it still have a huge potential for growth. To me I have double advantage investing in Bitcoin which is the fact that Bitcoin is appreciating against the dollar while dollar is appreciating against my local currency as inflation is now at 29% in my country. So it is a rare privilege to be invested in Bitcoin and also building my wealth already.