Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Obim34
on 19/02/2024, 18:26:28 UTC
you cant have bitcoin as an alternative and try going for any other form of assets for an investment,

Are you serious about this? yes, I like bitcoin but in my risk management calculations, bitcoin has high risk and the price is too volatile, it will bring big risk when I need funds suddenly, I don't want to sell my bitcoin when the price is low because of sudden need so having other investments that are stable is certainly important

Having other assets is also a preventative step so that we don't rush to sell our bitcoins when there is an urgent need
Yes, despite the strong feeling towards Bitcoin it is very unsafe to solely become much dependent on the profit to be gotten from our Bitcoin investment. Aside Bitcoin there are other physical investment that could be worth our money especially when a person has enough resources to meet up his Bitcoin investment and the alternate investment.
Bitcoin would give profit same with the other but in the case of Bitcoin likely as you said, may not be able to get the opportunity of collecting back your profit at the right time at which it is needed due to the market experiencing a dip.