Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 02/03/2024, 06:24:15 UTC
Success is not measured from the start of the investment you make, but it will come by itself without you realizing it at some point in the future.So start building your Portfolio with Bitcoin and deploy your money in several phases to maintain the opportunity to buy aggressively when the price drops. I'm also happy and the reason is because BTC has almost reached a new ATH. For this reason, a journey that requires a lot of patience will bear fruit in the future and it all belongs to those who are able to Holding it in the long term.
The earlier you invest, the more likely it is for you to buy at a low price. Imagine an early bitcoin investor or someone who bought at $16k in 2022, I'm sure they would have gotten 4x returns if they were really able to manage their psychology when the market fluctuated highly. Of course it is true that patience is the key to success in investing, but patience alone is not enough. You need to be able to build an investment portfolio well and adjust it when things don't go according to plan, so patience alone is never enough in investing.
During late 2022 bitcoin experience a dip in price around $15k . And I had the chance to buy back then when the price was still low, guess I didn't. Till now still regretting that shit , I guess was because I didn't have proper knowledge concerning bitcoin and investing in it , may be now I would have gotten some good stash of bitcoin in my portfolio now . Even using DCAing with amount as low as $10 to be accumulating after buying some good quantity that time . That would have given more advantage as an early Investor. But still starting now would also give you that same advantage in a long run, because during that period bitcoin price range was around $15k alot of investors would have also have sane mindset, thinking that he or she didn't start investing early or they didn't start investing the right time. But now check bitcoin price m, it's around the price range of $62k . Now would those investors still have that mindset nahhhh. But some might have sold theirs early due to short-term (regretting) profit while some keep holding for long-term profit,(having good principles). So those that haven't invested in bitcoin I think now still a good time to start your bitcoin accumulation, you can actually start accumulating bitcoin with the amount as low as $10 . Maybe as time goes on seeing the beauty of bitcoin clearly you can start accumulating aggressively.