Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
CryptoBuds
on 05/06/2024, 10:03:54 UTC
I think those who trade in Bitcoin have less profit but also less risk. If you think it is risky to invest in Bitcoin then I think you are wrong because people have never lost money by investing in Bitcoin, but they have gained a lot. But short term investment can never make much profit, so long term planning is the best and best investment.

On the contrary those who trade on Bitcoin is highly exposed to the risk of losing all there investment and funny enough there chances of being successful and losing everything is actually 50-50 chances, that's why it surprises me to see how most people are so drone to trading that they talk about it all the time as if they can easily be successful while trading. Perhaps that's why whenever i hear most people complaining that investment is very stressful or difficult it use to sound somehow for me because I see no stress on Bitcoin investment if the investors focus on holding because even if the profit is not coming immediately but you will be very relaxed and enjoy your accumulation and holding then profit can come later.
No matter how many losses an investor faces in his investment he will never completely lose his entire money if he invests. Maybe if the value of Bitcoin falls, its dollar amount will decrease, but that does not mean that all dollars will vanish. Even if his dollar comes down to one dollar, he still has hope for market recovery from here. Like Bitcoin price dumped a lot and my investment amount also decreased a lot but when I will be patient and wait for the market to arrive at a good time and when the market will arrive at a good time as I expected but we can see our investment amount much higher. So there is nothing to be disappointed by investing, today the market is down, tomorrow the market will rise again, we should always keep the hope. Only those investors who trade futures can lose money.

The risks of investing in bitcoin will depend on each person's situation, bitcoin does not help anyone decide that issue. Bitcoin, like other assets, its volatility is based on supply and demand and is unpredictable. It will all depend on each investor's strategy and plan. For investors with a stable income and long-term strategy, they intend to buy bitcoin every time they have money and hold it until they make a profit, it is clear that their investment is almost risk-free. But for investors who have the idea of ​​getting rich quickly, investing by borrowing, or using emergency money to invest, they will obviously face a lot of risks with their investments. Because no one knows when bitcoin price will increase and when bitcoin price will decrease.

Whether investing in bitcoin is a risk or an opportunity, it all depends on each investor's knowledge and investment strategy.