Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Marvelockg
on 06/05/2024, 10:55:58 UTC
⭐ Merited by JayJuanGee (1)
Indeed.
Almost everyone knows about Bitcoin's volatility, although while we all anticipate price fluctuations, it's impossible to predict the particular direction and magnitude it'll take.
You're also right that even people who believe in Bitcoin's long-term potential for growth, it's also impossible to predict the exact timing, the extent it'll grow and the exact pace at which it will.

These uncertainty shouldn't actually be a bad thing, to me, it's exactly what makes bitcoin investment exciting and adventurous because the more you advance, the more you learn and discover new techniques and approaches, learn from your earlier errors and advance.
It's very crucial for an investor to know exactly how to understand and manage these uncertainties through risk assessments, long-term perspective, regularly balancing one's portfolio, diversification and always eager to research and learn more.
Bitcoin is bound by uncertainty of what the price would be especially in the future. But doing one interesting thing is that you can be uncertain what the price would be tomorrow next week or next month. One thing is assured that the price in the next 2 to 3 years would be greater that what it is today, So the question is two to 4 years a so big that investors won't have patience to wait? Many persons are misled by the dip action currently thinking it will dip even more. My dear one doesn't need to be persuaded much a true investor will see an opportunity like this and buy the dip instead of thinking about where the price would be soon.

There's isn't any guarantees that one is going to make more profits in the next 3 or 4 years and above, because we can't actually tell the or predict the market movement.
I can tell you for fact that there is a guarantee that if you invest in bitcoin now and hold it for 3 to 4 years that you will see profit. What I can't tell you is how much profit you will see. 4 years is another circle of bitcoin and from history there is always an upward price movement before the next bitcoin circle. Bitcoin wasn't trading at this level 4 years ago and it won't be at this level 4 years from now. Bitcoin price is measured in it's circle. So saying that there is no guarantee of profit in 3 to 4 years ahead doesn't seems right. I think you have to back the history line. The reason why we encourage people to hold bitcoin for at least a circle is because, that's when we know bitcoin price use to appreciate. And when something appreciates it means that profit is recorded. People that bought last circle saw profits, so anyone buying now and waiting for the next circle will definitely see profit, no matter how small or big it is, will be determined by your investment size. Just know this.
it's not just about what happens after a circle in terms of the popular anticipated bull that makes it a better option to consider investing with the intention of holding for at least up to a period of 4 years. It's a two narrative that makes such timeframe reasonable. The first is that during this interval of time, you should have been able to accumulate up to a good chunk of Bitcoin if you're consistent with your DCA and that then we can now talk about the high probability that after the halving there will be a bull that will place your accumilation in a good profit. But at the end of the four year interval of time, it doesn't really mean that it should be the end of your investment journey or that you should just take out your holding because you've been able to invest for a period of four years. As long as we continue having invent like what's happing at the moment we're big investors are still troppiing into the Bitcoin ecosystem and a lot of nations are currently adopting Bitcoin and working with it, there is a high probability that before the next circle that Bitcoin would have skyrocketed to a very great amount and that subsequent circles will still see Bitcoin getting up higher and higher and higher.

One of the things that should make you know that you're safe with your investment in Bitcoin is the knowledge that that there are certajn DIP that bitcoin can't get to. Like this that bought Bitcoin when it was at $20k to $30k, it's vividly clear that Bitcoin isn't getting back to that price almost forever and as someone that started accumilating from such kind of price, you don't need to be bothered about selling your Bitcoin at the moment even if you've been able to buy up to a period of four years. same is what's going to happen in few years from now that Bitcoin might go above $100k and will continue pushing upward and never get below $100k making it even more convininece to continue accumilating above four years.