Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Salahmu
on 07/02/2024, 08:01:52 UTC
⭐ Merited by fillippone (1)
so sometimes we do likely have to try to figure out whether guys really have long term intentions or if they are merely engaged in some kind of flipping practice or pursuing dollars, which seems to then result in trading rather than investing, even though there still might be profits involved, but not the kinds of profits that would come from both longer term holding or investing over a long period of time, and then the earliest purchased bitcoins will likely have higher levels of profits than the more recent purchased coins, yet it also seems that the longer and longer that we stay invested then we will be building and building the size of our BTC stash and the longer that we are in, then probably the more likely that we are going to have older coins that have gone up a lot in value.. perhaps both exponentially and having several compounding events.. and at least those are goals, even though they surely are not guaranteed and even along our bitcoin journey we are also likely going to experience a lot of volatility along the way and have strategies in place to deal with the likely to be near inevitable volatility without panicking.

Many are not interested in any investment that will take up longer time probably with the notion that they are not going to live longer enough to enjoy it neither do they want family or generation to enjoy it or that they are much comfortable with their current condition and refused to take a step.
I think you are getting it all wrong because that's not what @JayJuanGee was emphasizing on, however I don't think your theory concerning the reason why most people doesn't go for long term holding is right because I find it to be an assumption because there is no way an investor will allow his mindset of living long or not determines his intentions of holding Bitcoin for a very long term because there is no way an investor will no when he will be gone, so that shouldn't be a determining factor against his Bitcoin accumulation and however short term or flipping practice is even the worst because you could lose everything all in the name of chasing Bitcoin price, perhaps understanding the power of holding Bitcoin is actually the beginning of your investment knowledge because holding is the only way to the heart of Bitcoin.