Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Tmoonz
on 06/05/2024, 12:57:52 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 circles . 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.

@justbillywitt, I will start by saying that past occurrences is never a guarantee of the future events. Yeah historically Bitcoin has had a significant increase which has made those that invest earlier and hold for a circle or several circles and have had the compounded effect of their investment, there is no guarantee of being in profit simply because you invested in Bitcoin for a circle or more than a circles. Yes , it is a good thing that majority of us appreciates the potential that Bitcoin holds and have considered it to be one of the best if not the best digital asset investment. However, we shouldn't be in such a hurry to remember that there is also a risk probably that Bitcoin may not go up in value as we may assert or probably may go down of which no one can be certain of how much it could go up or down and one of the reasons why we expected to have an investment plan of about 4 to 10 years or more is to ensure that we are able to put a good and reasonable size of Bitcoin and also not to see Bitcoin as a tradable coin.