I recently created a post asking if I should buy bitcoin now or wait for the dip, and majority of the response I got from the post, advised that I should buy now rather than waiting for the dip due to its volatile nature, and I'm satisfied with this response and I'm willing to bear the risk.
Reason for all these questioning, I have a dream of becoming a long term bitcoin holder but, dreams aren't achieved with words alone, an action is needed for the start up, so I have decided to sell one of my less used phone for the purpose of buying bitcoin.
I'm really eager to purchase my first bitcoin in satoshi.
From the day you created this post, last year September, Bitcoin has gone up above the price it was. From my observations I can say that only few people are on the short term investment but lot of people are investing for the long term, so you will get more of long terms investment advices.
Another thing is that I keep saying that guys that got into bitcoin in the last year and a half are really somewhat spoiled since the BTC price has mostly just gone up in the last 18 months.. .. yet even though they are spoiled, there still can be a lot of dilemmas, especially for newbies who sometimes will feel that they need to cash out some profits, so I am not even suggesting that they might not be faced with some difficult decisions in regards to whether they are really committed to investing and building their BTC holdings over the longer term..
In as much as I started last year September and have Seen a bit of sideways and more of the bull, I can say for sure that I have gotten enough experience to challenge my decision and emotion because, I was on a high profit especially when Bitcoin broke the new ATH. But here is my belief, knowledge is usually stronger than assumption and predictions, however my knowledge I have about Bitcoin in relation to the reputation it has attained over the years is concrete enough to convince me that Bitcoin can still do more ATH.
I like the fact that you take a good decision last year, at least you tried to learn Bitcoin investment so that you can be able to gather more Bitcoin investment knowledge, profiting on Bitcoin is totally depends on how much you invest and how hard to work to make sure you don't quit the accumulation process.