Post
Topic
Board Speculation
Re: Road to 100k?
by
Reincarnated Sat
on 15/07/2024, 13:57:15 UTC
Currently the dip is going on, so we shouldn't be researching prices, we should be hoarding bitcoins. Because if we accumulate bitcoins now, we will benefit later because if we accumulate bitcoins now, we will be able to accumulate more bitcoins later. We will only think about how to accumulate bitcoins, because the price that bitcoins are now is what it was in the past. 

So the Bitcoin price won't bother us, and we won't be bothered by it either. Because the price of Bitcoin will hit even higher levels in the future, it is most important for us to accumulate Bitcoins and plan long-term holdings.

Yeah you are right, we don't need to worry about the dip all we should be concern about now is accumulating consistently, Bitcoin has not reached half of it's growth so there's no need to be afraid, some people stops accumulating as soon as there's a dip because of fear, I no of someone that always stopped accumulation when there's a dip in Bitcoin he feels Bitcoin will fall one day and never rise and such mindset will always lead us not achieving anything good in Bitcoin investment and I feel anyone who is into Bitcoin investment and still has this fear didn't do much research about Bitcoin he don't know anything about Bitcoin it's track record and history.

I will always advise any one joining Bitcoin investment newly to try and know Bitcoin history and it's track record it helps to give confident and removes fear, anyone with good knowledge about Bitcoin will know there's nothing to fear, any one going into Bitcoin should carry the mindset of a long term investment.
I'm not saying you must know everything about Bitcoin after getting the basic knowledge about it and you start the investment trying to know more about Bitcoin so as to remove fear and build confident, after I went through Bitcoin history and track record I knew Bitcoin investment has no risk if you are into a long term investment.