Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Samlucky O
on 06/05/2024, 09:05:03 UTC
⭐ Merited by JayJuanGee (1)
If the investor who invested at the late october peak 2021 baught when the first  person baugh he could also have made him self alot of profit but now you can see there different clearly  $17500 and $13600.
The first guy has 0.5386 BTC  and the second guy has 0.4489 BTC. and sometimes we still cannot change the facts and/or the prices in which we end up accumulating BTC, and there may well be cases in which we acquire a bunch of BTC, and then the price goes down, and then we see some later entrants who are able to buy more BTC than we have for lower prices.. so yeah, we cannot necessarily avoid some of those kinds of situations, and we just need to do our best in terms of building our own stack so we feel as if we are prepared the potential of UP and also for down too.
definitely, but It depends on when you bought your coin. like those who baught btc at the rate of $100 each, will never face the challenge of buying at higher price and it dips and another person bought cheaper than the first person. I think people who actually accumulated alot that never regret the ups and downs market fluctuations are those early adopters who accumulated less than $100. because even if btc surly reaches $75k and dip down to $20k, they are still at advantage. so I presume early adopters should be classified as those who bought below $100.

I don't really object to your idea of buying below $100 as a kind of early adopter status, yet earlier adopter status is on a kind of spectrum with a lot of differing levels of early adopter, since if you think about it, even those various early adopter who bought a decent number of BTC below $100, they likely also got into bitcoin at various prices along the way and maybe also sold too much too soon, so they might have spent some time reacquiring some of the bitcoin that they sold.
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though I agree with your explanation, and I know your point of view. but what I was trying to explain is that earlier adopters as I presume was probably people that bought Bitcoin when it was $100 per 1 Bitcoin or lesser in price like $50 each. surly most people who may have bought 1 bitcoin at $10 may panic and sell when it increases to $20 and those who bought 1btc at$20 will also panic and sell when it reaches $40 due to excitement. those who bought at $40 will sell at $50 to $100 continuously as the case may be and parhaps bitcoin future was too misterious for people to have believe that 1 bitcoin would ever reach $1000 talk more of reaching $75k someday. the reason why people keep on selling and buying the accumulated stash then was that they think bitcoin price may never continue to rise, so selling it will be a better option than regret ever after but never knew bitcoin was far from their emagination. it is a normal thing in bitcoin investment.
people who are not patient always land themselves into a state of confusion which makes them sell too quickly  later down the road. sometimes the cause of given up hope on bitcoin is due to interaction with misleading fellow or people who dont have zeal or passion as you do.