Quote from: Hyphen(-) on Today at 05:22:55 PM

Quote from: MainIbem on June 23, 2024, 05:38:16 AM

Nevertheless, if there's anyone who's willing to invest in Bitcoin but still have doubts, I put it to you that the best decision you'll make is to buy Bitcoin and Hodl, don't get discouraged by the drop in price cause I believe you should've known by now what volatility means.

This price drop should be an opportunity for anyone willing to invest and hold Bitcoin for long, it is another opportunity to buy at low price because Bitcoin attain an all time high of above $73k this year, and we are expecting bull run anytime soon and Bitcoin might definitely attain another ATH; but all these should not be the main factors to be considered, we all need to consider the potential in Bitcoin if we check how it start and how far it has gone so far and how people are adopting it daily, for security reasons, don’t doubt Bitcoin investment because it will help us solve inflation problem since it’s maintain its value and also gives us profit when we hold for long.

True, but I think it will takes years again before bitcoin could attain new ATH like what happened this year, because this year is where halving event will happen bullish also take place because many investors after bitcoins significant drop nearly reaching below $40k, people take this opportunity and invest on it including me, and thanks to that I manage to hold my bitcoin until it reaches its new ATH and that proves that dip or drop in bitcoin price should shine an opportunity for others it should not be a subject of fear, if you're calm and know about bitcoin then you can efficiently invest and earn innit, you just need to believe in bitcoin. For over the years bitcoin has given many opportunity and doesnt disappoint those who believes in it. So it is never too late to invest in bitcoin, you can still invesy with DCA method, slowly but surely and of course we recommend to go long term to maximize the potential profit.