Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Felicity_Tide
on 01/07/2024, 09:00:22 UTC
This statement is so true for Bitcoin investment because many people do not know the real purpose of investing in Bitcoin

I am finding this statement really confusing. Are there other purpose of investing in Bitcoin outside getting more than what you invested?, Because I don't think anyone in a right state of mind would want to invest in Bitcoin inorder to make loss. If you invest in Bitcoin, then your real purpose is to get more than the amount you invested after a specific time. The same thing goes for me, and every other person, so I don't know the other real purpose you think many people do not know about.

Quote
Some just bought because of the trend while others bought because they want to be rich within a short time. Those who have plans such as I have mentioned, actually planned theoretically without facing the fact that Bitcoin requires time and patience.

This is where I find interesting. This is clearly a wrong approach(and not purpose) that some people use in making their investment. You've just said the word "Time and patience". They are very essential while making Bitcoin investment, so as to fulfill the real purpose of what everyone seek while making Bitcoin investment.