Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Dailyscript
on 27/02/2024, 21:45:31 UTC
You are missing the expression, which is the best time to buy was yesterday, and the second best time is today..

Yeah I thought of it too but I choose to write it that way because I believe  yesterday  is a past which can't be reversed so all chance given by yesterday are gone.
However, today offers a new chance  for who are willing to take it and which might be better than tomorrow because no one can predict tomorrow,  I had to cut out yesterday  and replace it with today as today will later becomes a tomorrow  Smiley
It was well said by JayJuanGee there is nothing controversial in the statement. These ideas are based on the principle of compound interest, which has been proven to be one of the best money hacks that you may come across. Imagine investing in bitcoin for years and allowing your money to make money for you while you sit and do nothing. And after some decades you go back to your portfolio to reap the benefit of being a potential investor and hodler.

Investing begins with a decision, and you have to make that decision one day, regardless of the price. There is no asset that is being invested in that started with a huge value. The bitcoin price was so low that nobody cared about it at the beginning. It was growing, and some people felt the need to buy it or value it, while others neglected it until it reached the price it is now. Bitcoin cannot go back to the value it all started with. And it will surely gain so much value that 57k would be like a dump for bitcoin. That is when it reaches 500k which is very achievable. It may not be now, but it will happen.