Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ginsan
on 29/03/2024, 19:37:18 UTC
When it comes to bitcoin investment, those who hold bitcoin for the long term are always in good profit because bitcoin price will always go high. For instance, imagine both of us accumulating 0.05 BTC each with $1500 when Bitcoin was at $30k. When the bitcoin price rises to $50k you decide to sell your bitcoin and start a business with the profit. And I continued to hold my bitcoin until now, when the price is at $70k. If I decide to sell my bitcoin, I will make a better profit than you. 
That is a reflection of the time that most people waste because when prices go down they panic and the lucky ones are those who buy when prices go down. We have seen BTC performance so strong and of course every downturn that occurred in the past is a happy memory for those who bought at that time. Looking ahead, we must stick to our plans, namely continuing to buy without fear, now is not the right time to wait because every delay is just a regret in the end.

Bitcoin halving is getting closer, that is, in the future Bitcoin will be increasingly scarce because miners will get smaller rewards. So you can imagine that the circulation of Bitcoin will become smaller and slowly Bitcoin will become increasingly scarce. It's not our target of $100k but that's many people's dream of $100k. I can even refer to the fact that if bitcoin becomes increasingly scarce then the price of bitcoin could reach $500k someday. Be patient and continue to hold your Bitcoin holdings.