Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Furious 7
on 25/09/2024, 21:00:08 UTC

I weep for myself after losing all my capital from trading a shitcoins last week, and this made me very sad and disappointed in shitcoins, because their are more or less a gamble and anytime we have to make a choice on which coin to hold or trade in, we should look away from shitcoins because we only draw closer to loses if we make a choice on them.

Bitcoin remains the most Acura and less volitile asset to either trade or hold for long term, because with Bitcoin, your chances of losing is very low and take a long time for that to possibly happens, but this can not be same with shitcoins coins.

Many cryptocurrency investors have lost a whole lot of money ever since the memecoins craze came on board a d still many are willing to lose more instead of learning from their mistakes and choosing only Bitcoin as against those shitcoins.
Honestly, my view of you for now is that you are still mixing investment and trading too much so that you confuse yourself from what is happening.

You say as an investor but do trading which is 2 things that are actually different, when we talk about investing then indirectly we don't trade what we invest in so there is no such thing as an investor but trading with the same asset at the same time too.
In addition, our discussion from the beginning is actually talking about how we can invest well in bitcoin and many options are done such as referring to DCA or buy dip hold as stated in the title but this only focuses on bitcoin not other things. So it will not be too relevant when our discussion is about investing but the understanding is misinterpreted to trading because it is like two different paths.