Some weeks ago when I visited this thread it was named buy bitcoin and hodl but now it's back to buy the dips and hodl, what exactly is going on?
is there a confusion on what to consider the thread. I certainly prefer buy the dips and hodl.
Wind_FURY, the OP, had changed the name of the thread, and then he changed it back to the earlier name.... so "buy the dip, and hodl" seems to be the name that is going to stay.... at least for now, unless OP decides to change his mind again.
Yeah , and i kinda prefer this one too, because this was the name it was when I first saw it and it always bring this comfort whenever there's decrease in market price , what will just come to my head is to buy the dip and HODL, not to panic. So I think this name is more coller than the other one to me though .
It is well known that long term investment in Bitcoin or holding Bitcoin for a few years can yield very good profits. But how many people have the ability or patience to make such a long-term investment? Impatience, fear, too much cunning or poverty prevent us from investing long-term in Bitcoin. not everyone can avoid these issues very few people can be successful with such a long term investment in Bitcoin. and the rest only regret.
For those who invest in bitcoin and sell before getting good profit, I would say learn to invest for long term without regret. Because we all know that there is very little risk of losing money invested in bitcoin. But if one is long term. Investing for time will never lose money. So I thought of investing in Bitcoin for long term rather than keeping money in the bank. I thought if I do this, am I making a wrong decision or am I making the right decision? Sometimes I think. But I see investing as a very important thing to get something good in life.
I will say there's no guarantees holding for long-term though, what I mean holding for long-term doesn't mean that you ain't going to experience any losses, but it is more ensuring than holding for short-term. What I mean is that holding for long-term will definitely increase the chances of you making some good profits in Bitcoin especially when have enough stashes, and everyone have Their definition of long-term, some long-term holding is just 2 years while some are 4 years and more , so in those years we can't tell what will be Bitcoin price that's why we should focus more on getting more stashes, because the more you accumulate the more your chances of making a large profit increases, that's the rate of accummulation is directly proportional to the profit you will make in a long run.