Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
avp2306
on 31/07/2024, 23:23:07 UTC
Yes, price fluctuation is the nature of Bitcoin, Bitcoin has been a highly volatile coin since its inception. A look at Bitcoin's history shows how volatile it is, but no matter how much it fluctuates, from time to time Bitcoin shows a pump and breaks all-time highs. So fear not, no matter how much it dumps, in time it will definitely cross 120K with one pump. And at that time, those who panicked and sold holds during the dump will regret it. So believe in Bitcoin, and no matter how much the price goes down, you just keep buying and holding. Holding Bitcoin is risk free, and selling on fear is high risk. So hold without fear, there is no risk in holding, rather it will give you more profit.

We all know Bitcoin is a volatile currency. Price dumping and pumping are familiar forms of Bitcoin. Selling savings as they are dumping prices can be considered a bad decision. Investors need to be advised to be bold before giving any advice. The lack of courage to fear dumping can lead to regrets and potential losses. So if you dump the price of Bitcoin, it will definitely pump again, try to hold it instead of selling it out of fear.

You can only get feared for it if either you don't have experience to deal with those scenarios also you don't really believe that bitcoin will recover after there's a dump happened occur to this coin. If they can get valuable advice then its good to consider since it helpful somehow to create good decisions towards their planned accumulation. What's really important is to take action and start when they are ready to engage with bitcoin long term investment.

But consistent people to learn many things to help their investment would surely not afraid on the dumps, but rather they might look at it as opportunity. So if we see people got feared on pump and dumps well maybe its best to advice them on how they approach in those situation since for sure they could able to think about those words they receive and provably learn from it especially if they already started up their investment.