Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Gallar
on 12/02/2024, 17:35:57 UTC
The most important thing to profit from investing in Bitcoin is, patience and holding. Investing in Bitcoin can be successful if you are patient and hold it for a long period of time. Some people who first invested in Bitcoin and Stop holding for lost patience in fear of Bitcoin's price, rise will now understand, and regret it greatly.
~Snip
In general, I really agree with your opinion. Because it is true, people who are truly enthusiastic and continue to be diligent in the field of bitcoin investment will definitely achieve very satisfying success. Because with a lot of patience and perseverance, even if it's not in the bitcoin investment field, usually always find success. But it needs to be underlined, that great patience and high persistence when investing in bitcoin, will be had when all factors have been completely implemented. And these factors include:

Intention.
By having the right intentions and the prospects have been carefully planned, I am sure and I have experienced that the feeling of patience in waiting for the money invested in Bitcoin will be greater.

The second is science.
Of course, many bitcoin investors already know about this second factor. But quite a few people underestimate this factor. As is the case with bitcoin investment, many people, especially beginners, always think that investing in bitcoin is a scheme to get rich quickly. This assumption clearly cannot be justified 100%, because even in Bitcoin investment, if the situation changes 90 degrees (bad), it could become a quick-to-get-poor scheme. Because in Bitcoin investment there will always be a risk of loss and this cannot be eliminated, but can only be avoided. And the way to avoid this is by studying Bitcoin more maturely.

The third factor is capital.
This factor is very crucial if not understood properly. Because currently there are many investors who are pushing themselves too hard to invest in Bitcoin using capital from loans. For me personally, this really should be avoided. Because if this is done in bitcoin investment, the risks that can be obtained are many times greater. So it's better to invest with a cold usng, whatever it is. And not just because you want to pursue bigger profits, but in a very forceful way.

Then lastly, always take care of your emotions or mentality. Because with a high mentality, investing in bitcoin will definitely make you stronger as a true HODLer.

So if all these factors have been carried out well, then when we go through the process of patiently waiting for our Bitcoin investment, it will definitely feel easier.