Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Hewlet
on 28/03/2024, 13:23:26 UTC
Those who are ready to invest new time should know that it is better to invest their capital in a place where the probability of loss is very low.
There is no basis for saying, that there is no risk of losing investment in Bitcoin. Investing in Bitcoin does not guarantee your capital. But the investment risk at Bitcoin is relatively low. Beginners can expect a realistic outcome of their capital by starting DCAing (Security of Money's).Think of long-term investment in this.

Newbies are greedy for money and invest in Shitcoins. There is a lot of risk and short term hold in the market, but I would say it is best for beginners to invest in Bitcoin. Because there is no possibility of losing money if you invest in Bitcoin, because the money of all investors who have invested for a long time is safe. So if you want to invest in cryptocurrencies and want to keep your assets safe then it is better to choose Bitcoin.
Everyone has a weakness for money, but you could have without using the word greedy.I need to reiterate that you cannot guarantee that you will not lose your money on Bitcoin investments. Any situation can arise in the money market especially Bitcoin.
while I will agree with you that nothing is too perfect to the extent that things can't go wrong, I feel the reason why he might have suggested that investing into Bitcoin won't put you in loss is that if you've looked at the past Bitcoin price chats, apart from those that might have been impatient with thier investment or that where too obsessed with the idea of trading, investing into Bitcoin has proven to be void of loss overtime and I can join him to still draw a similar conclusion that investing into Bitcoin  has little or no probability of giving you a loss of you're patient enough with your Bitcoin.

If a newbie starts buying now, within the next two years or so, he at least a 80% probability of finding himself in a profit region and what would just be a major consideration he has to look into will be to ascertain if the amount of profit he has attained is in line with his Bitcoin accumulation goal or if he has bought enough quantity of Bitcoin within such space of time. It's okay to let newbies know that investing into Bitcoin isn't a get rich quick scheme and certainly not the only route from poverty but while we tell them of some of the shortcomings that will give them a balance mentality while investing, it's also good we tell them the other brighter side of the journey which is that if they are able to invest long enough, they will be in profit. And the truth is that no one wants to get into loss at the end of his investment and so if you constantly feed newbies with the negatives of Bitcoin investments, they might not be emotionally strong to handle it and might just be after not getting into loss which will put them in a situation to always sell off their holding whenever they are in a slightest profit.