Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Btcdeybodi
on 26/07/2024, 03:47:32 UTC
Investing in Bitcoin is not risk free especially to investors who do not  invest appropriately with the right approach and strategy,  and also not sticking to their investment plans (long-term).
I disagree with your statement partly because long term investing is not risk free. Investing in Bitcoin or other coins certainly involves risk. If you are a professional investor then you are used to taking risks as the price of any currency is not always the same and fluctuates constantly.
I don't seem to see what you disagree about here, you guys are practically saying the same thing and that is the right mindset any reasonable investment should take to the market instead of believing the market is cheap to the point that it's risk-free simply because they are either experienced or investing with the long-term strategy. No strategy doesn't carry its own weight of risk, the only difference is that one is lesser than the other. Still, our preparedness matters here as nothing will shift easily if we do not exert the needed force and be wise in doing it.

Also, Investments are tougher in other assets I've known, but with Bitcoin and a few other altcoins, they are cheap, which is an advantage. With a little learning, one can start managerially, which is why I encourage everyone to always go for them and override the little risk involved with a bold mind and the right managerial calculations.
I will disagree with on this, are you trying to tell us to buy altcoins because they are cheap, I don't see any advantage that altcoins have because they don't last long in the market and they are like gambling. Newbies can be misled with your statement because of the way that you categorize bitcoin with altcoins. Investing in shitcoin is a very BIG risk.
Many of you guys here are hopeless, especially where @JayJuanGee often replies, perhaps you don't read but just reply or you want JayJuanGee to read what he likes so that he will continue to fetch you merits as usual. Unfortunately, he is falling for the bait not knowing that almost all of you are faking it, you only know his weakness for giving merits. If someone like you is investigated, one would be surprised that you have a huge arsenal of altcoins in your investment portfolio but you talked as if it was nothing to you, who is deceiving who? Well, that's your headache.

What baffled me most is that I was even so silent about altcoins and used "Bitcoin or altcoins" as investment opportunities but you emphasised it as if it was a big deal. You guys are really pathetic to think Bitcoin can survive in isolation, as if it's the only investment opportunity in the world. Anywhere altcoins, fiats, gold, etc are mentioned, you fake it and attack. How gullible are you to underrate the wisdom of investment diversification. I better waste my time on those who understand investment and not fake extremism like you.

You are right about some people faking it in this thread just to earn some smerit from @JayJuanGee but you have to understand the fact that a lot of people following up this thread are also big time fans of Bitcoins and the thread emphasizes more on Bitcoin investments and not about altcoins and if @JayJuanGee is giving out merit, it isn't based on his feelings but based on how informative and productive a reply is that makes him award merit and when you look at when this thread was created till now you will understand the need for continuous discussion. Just like every other threads there are people who make replies to earn merit while others makes replies based on genuine purpose even though they still earn merit along the line but you can agree with me that you give out merit based on the fact that the reply of a user is satisfactory at your end so same as @Jayjuangee is doing.

About diversification you talked about, everyone has the right to venture into any investment they find fit and comfortable for them but I would instead choose to invest in Bitcoin than diversify into some cheap projects or altcoins. If I must diversify from Bitcoin to anything else then it should be something worth more than Bitcoin and not something lesser than or of less value than Bitcoin.