Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
ultrloa
on 02/06/2024, 23:08:17 UTC
~~
Some guys are saying there is no need to diversify beyond bitcoin because it offers the highest profits. But it's not just about profits, it's about sound money and not investing in inferior products. There might be a semantic argument about why bitcoin is considered the best asset currently available to everyone.
Of course, there were many inaccurate assumptions previously which meant that diversification was towards shitcoins, not gold or silver. Well, of course many people refuse to do that, but if you diversify it to gold or silver, of course many people do that and maybe that's a good choice if we are satisfied with our bitcoin holdings.

For myself, I am not satisfied with my BTC holdings, which means I will continue to focus on my plan to continue accumulating Bitcoin for years to come and hopefully I will have a long life to be able to do that.

Apart from that, the uniqueness of Bitcoin compared to gold and silver is of course the scarcity that will occur because Bitcoin has a limited supply and that is what attracts me to continue buying BTC.
Shitcoin is not an asset it is just dust that is not valuable at all make sure to avoid it while gold and silver assets are of stable value but most women like these items, I myself leave my wife alone to handle it.

While you can still earn to do DCA to bitcoin keep going because the bigger your portfolio the higher the future profits, I don't know how long I have 1 BTC but at least try to accumulate if you can still do it.


Shitcoins just created for the benefit of its developer they always leave some impression that those people who's going to invest on their tokens will go rich the same with other people who's lucky to became an early adopter of bitcoin. They always leave that impression to newbies that's why lots of them fall from this schemes. That's why much better if we leave those shitcoins alone and don't let those devs get fat with our money. Bitcoin more valuable than anything else out there.

That's why instead of thinking about investing it on shitcoins or meme coins better for people to focus their selves to invest on bitcoin and do DCA since this is more ideal since the more your bitcoin balance grow thru your consistent accumulation then for sure as you said the more bigger profit they can get in future. My belief about limited supply of bitcoin could bring us something good in future since for sure lots of demand will came and there's only limited numbers of it in circulation then that can triggered for its price to grow more.